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flevyblog
The Flevy Blog covers Business Strategies, Business Theories, & Business Stories.
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Supply Chains often get disrupted by calamities that are beyond human control. Natural disasters, such as tsunamis and floods, in the last decade have drastically affected major businesses—from automobiles to technology, to travel, to shipments—and… Supply Chain Strategies That Work Best in Containing the Risks of Disruption
The Value Chain concept, first described by Dr. Michael Porter in 1985, is a series of actions that a firm—in a specific industry—accomplishes to produce a valuable product or service for the market. The value… Strategy Classics: Porter’s Value Chain
There is no question that the Retail industry has been experiencing disruptive change. Traditional retailers can no longer survive in a Digital Age dominated by e-commerce. Even traditional physical stores having an e-commerce presence is… The Omni-channel Retail Strategy for the Digital Age
Key performance indicators (KPIs) are measures of a company’s strengths and weaknesses of the business. They should be used in comparison to the external competition and internal customers to improve company’s economic standing. In Supply Chain,… Warehouse Key Performance Indicators
The supply chains of most companies, large and small, exploit a world of opportunities. But, increasing global exposure comes with an increasing range of risks. These companies’ complex networks of suppliers and customers are as… Building Resilience into Supply Chains
This is a guide to navigating Flevy to find the documents and other resources you need related to Business Operations. “Operations” is a broad, vague term. It can convey a lot of different meanings to different people.… Flevy’s Definitive Guide to Operations
Many companies balk at the idea of implementing ethical supply chain management (SCM), as they only think of increased operating costs. Despite how much executing ethical SCM may affect the bottom line, companies should not… The Price Sensitivity of Consumers to Ethical Supply Chains
Remember the movie Gerry Maguire? Tom Cruise says to Rene Zellweger: “You complete me.” Well the same can be said for bar-code technology. The technology, when coupled with a credible infrastructure, makes magic. Technology was… Got the Cart before the Horse? A Discussion on Using Bar-code Technology
What is a QR code? The textbook definition of a QR Code is a two-dimensional bar code created by Japanese corporation Denso-Wave in 1994. The “QR” is derived from “Quick Response.” A type of Matrix… A Case Study on Innovative Fleet Management, Use QR Codes
So you have started to set up your own business. You know what you want to supply. You know who you want to supply it to. Great. Now, how the heck do you do it… Starting a Business? Build a Solid Foundation for Your Supply Chain
Inaccurate inventory leads to loss of sales, poor customer experience, and may indicate a more drastic issue of retail theft. Inventory Records Accuracy (IRA) is an area most business people take for granted. Daily Cycle Counting… Avoid the Mistake of Taking Inventory Accuracy for Granted