Category: Uncategorized

You Don’t Need to Wait to Implement EDI

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Renny Smith

Whether you’re a supply chain manager, merchandising operations manager, IT director, CFO, or other business decision maker, the fact is, you have a lot of projects to consider. What’s more, most of those projects are expensive and take significant effort and time. When your business is trying to decide when and how to implement or […]

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Supplier Onboarding Best Practices: What to Include in Your Checklist

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Renny Smith

Supplier onboarding, also known as vendor onboarding, is how you connect new suppliers to your business and get them ready to trade. Having a clear process for bringing new suppliers into your supply chain is critical for maintaining efficiency, boosting profit margins, and creating profitable business relationships. Yet navigating the process of onboarding new suppliers […]

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7 Inventory Management Techniques for Success

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Renny Smith

Manufacturers, suppliers, and distributors must handle a wide range of challenges when overseeing their company’s inventory. From changing customer demands to overstocking and disruptions such as weather disasters, supply chain managers juggle several issues as they attempt to improve their inventory management. Companies understand that they need efficient ways to maintain appropriate inventory levels to […]

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The Hidden Cost of Delay: Why Waiting to Implement EDI Software Can Cost You More Than You Think

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Renny Smith

In a recent study, Gartner® found that 29% of supply chain leaders viewed technology as “critical to the success and growth of their business.” When it comes to the type of technology to implement, Gartner identifies “automation (i.e., supplementing, enhancing or replacing humans with things that can perform tasks independently), intelligence (i.e., leveraging technology to […]

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Traceability in Food Supply Chain

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Avatar for Renny Smith
Renny Smith

Traceability is an essential component of the food supply chain, since documenting food quality and movements through each supply chain step helps prevent the spread of disease and keeps consumers satisfied. The Food and Drug Administration (FDA) passed the Food Safety Modernization Act (FSMA) to address necessary tracking measures for food as it goes through […]

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Supplier KPIs You Should Be Tracking

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Renny Smith

Effective, ongoing supply chain management is crucial to the health of any business. Having well-performing suppliers contributes to better productivity and brand image for your business, while supplier issues can pose a significant risk. Yet managing your company’s suppliers is often fraught with challenges. Continuous monitoring and evaluation of your suppliers are essential to improving […]

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5 Ways VMI Can Help Improve Your Supply Chain for a Recession

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Renny Smith

Economic uncertainty and sharply rising inflation rates have many businesses considering what strategies they can use to prepare for a recession. Supply chains are particularly vulnerable to recessions, with impacts ranging from poor demand forecasting to slashed profits. Finding ways to recession-proof your supply chain can help you prepare for what’s next and stay competitive […]

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Preparing Your Grocery Store for a Recession

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Renny Smith

Grocery store managers understand that consumer demand is constantly in flux. In periods of economic uncertainty, customers spend less on everything from essentials to discretionary purchases. Recessions are lean times, forcing buyers to tighten their spending, even when buying groceries. Despite the challenges a recession brings, specific strategies can help your retail store survive and […]

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Grocery Store Trends for 2023

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Renny Smith

As grocery store retailers prepare to enter the new year, they face challenges ranging from rising grocery prices to high freight trucking costs. Retailers learned from supply chain disruptions that increasing efficiency is vital for staying competitive. From food and beverage producers to distributors and local stores, companies in the grocery store industry supply chain […]

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The Benefits of VMI for CPG Supply Chains

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Renny Smith

Increasing supply chain efficiency is crucial for every consumer industry, from fashion to farming to technology. Consumer Packaged Goods (CPG) are no exception. Research from management consulting firm Kearney indicates that CPG companies relying on inefficient legacy supply chain operating models could lose $800 billion in growth by 2027. The impact of supply chain inefficiency […]

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