Traditionally, supply chains have focused on cost savings and operational efficiency, often measured by metrics like On Time, In Full (OTIF). However, as CEOs increasingly expect supply chains to ...
In U.S. retail and grocery, the intermediary item identifier is the GTIN-12/UPC (Global Trade Item Number, 12-digits, which was formerly known as the Universal Product Code), and in the book ...
Ever since my introduction to supply chain vendor compliance in 1993, retailers, organizations and associations, advisory firms, transportation and logistics companies, and hardware and software ...
Some typical supply chain metrics that retailers use to judge vendors on their performance, usually by calendar month, are: Orders accepted vs. canceled. The number of purchase orders accepted and ...
The third of Dr. Marien’s 8Rs of his Customer’s Bill of Rights is the Right Source. Per his original article, the Right Source was described as: ...
First, the Right Product is one that the market wants or has a need for. In retail, this is a product that consumers will purchase because they desire it or because they require it.
Electronic data interchange, or EDI, is a core technology used to ...
Ensuring that the quantity is correct is reinforced by the use of technology such as automatic identification (barcode labeling and scanning, RFID), counting machines, and scale weights. The Right ...
Barcodes work based on light reflected back to scanner optics: black does not reflect light, while the white (blank) spaces do reflect light. Because characters (alphabetic, numeric, special) are ...
The world of artificial intelligence is changing fast—too fast for some to keep up. Businesses that just three years ago were exploring how to implement AI saw a quick pivot in 2023-24 to learn all ...
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