Should an Order Fulfillment Centre be Responsible for the Returns Management Process

Order fulfillment includes returns management. This is the norm in the ecommerce industry. This has been the practice in traditional retail as well. Although order fulfillment does not deal with the end customers in traditional retail, there is returns management between retailers and distributors or wholesalers and all the way back to the original equipment manufacturers or whichever company is selling the goods in a country or region. In ecommerce, the returns management process has everything to do with the end customer. The wholesalers, distributors or even the online retailers do not come into the picture. The returns management process is mostly confined between the order fulfillment provider and the consumer. Continue reading Should an Order Fulfillment Centre be Responsible for the Returns Management Process

Don’t Alter your Supply Chain Management Strategy unless it is Necessary

Supply chain management is a complex exercises. It takes a lot of time, trials and errors, reviews and alterations of tactics to find the right strategy. You should not make random changes to that strategy unless it is absolutely necessary. Many companies have proactively and voluntarily tried to transform their supply chain management strategy and in the process have adversely affected a perfectly functional apparatus. Continue reading Don’t Alter your Supply Chain Management Strategy unless it is Necessary

Benefits of Automating Logistics Management

There are some quintessential aspects of logistics management that cannot be automated. Decision making cannot be automated, albeit it is not unique in case of logistics management. Several day-to-day operations can be automated and it is imperative for companies as well as the managers to induct relevant technologies for a plethora of benefits. Here are three guaranteed benefits of automating logistics management. Continue reading Benefits of Automating Logistics Management

Stock Clearance is Becoming a Perennial Exercise

Once upon a time, stock clearance was an annual exercise. Most companies across industries had to clear their stacked inventory once a year or so to make way for new products. One of the reasons was to phase out older products that would have become dated with the advent of newer and better alternatives. One of the compulsions was purely spatial. Warehouses needed space for fresh stocks and stores also had the same compulsion. Today, stock clearance is becoming a perennial exercise. In fact, it already has become a seasonal and in some cases a monthly exercise, thanks to eCommerce. Continue reading Stock Clearance is Becoming a Perennial Exercise

Adapt Customized Best Practices of Supply Chain Management

Supply chain management can be simple or complicated. If there is a relatively short supply chain with only one or two suppliers, then the procurement can be simplified and the whole process may be easily manageable. This is not to say there will be no complications at all. There are always expected and unexpected surprises along the way. A large supply chain, especially when it comes to rare materials can be daunting to deal with. There are many widely known best practices that you must incorporate in your supply chain management. However, you cannot blindly endorse any practice or simply institute a practice without customising it. Continue reading Adapt Customized Best Practices of Supply Chain Management

Five Measurable KPIs for Perfect Supply Chain Management

There is no standard definition of what constitutes as perfect supply chain management. The industry, the types of goods being handled and the scope of operation shall determine the attributes of perfection. What can be standardized are five key performance indicators that should serve as a foundation to assess if a supply chain management strategy is working well. These five key performance indicators are measurable, hence assessable and improvable. Continue reading Five Measurable KPIs for Perfect Supply Chain Management

Address the Common Challenges of Stock Clearance

Stock clearance is inevitable when you have some substantial inventory lying around with little or no hope of being able to dispose it off in a manner that can at least ensure a break even if not generating measly profit. Stock clearance has many challenges, most of which are rather common. Every retailer and even manufacturers have to deal with these challenges for successful transition from old stocks to new inventory. Let us address some of these common challenges. Continue reading Address the Common Challenges of Stock Clearance

Address the Common Challenges of Stock Clearance

Stock clearance is inevitable when you have some substantial inventory lying around with little or no hope of being able to dispose it off in a manner that can at least ensure a break even if not generating measly profit. Stock clearance has many challenges, most of which are rather common. Every retailer and even manufacturers have to deal with these challenges for successful transition from old stocks to new inventory. Let us address some of these common challenges. Continue reading Address the Common Challenges of Stock Clearance

How to Improve Product Returns Management

There are ways to avert increasing product returns. For now let us accept there will be some product returns and the need of the hour is to manage the entire process more efficiently and effectively. There are standard and ingenious ways to improve product returns management. In here we shall take a few standard best practices and blend them with some smart ways to improve your product returns management strategy. Continue reading How to Improve Product Returns Management

Should the Entire Supply Chain Management Strategy be Proactive?

Supply chain management can have a linear or nonlinear operation. If it is linear, the processes are somewhat simpler and straightforward but there are many challenges that should be deftly dealt with. If the process has to be nonlinear, then there can be some daunting complications. A nonlinear supply chain does not necessarily mean there would be any back and forth process. The vendors may attend to their independent roles and contribute in a particular way at different stages of procurement, manufacturing, supply, fulfilment or delivery. It is quite possible for a nonlinear supply chain management strategy to factor in back and forth exercises if there is a need for a supplier or vendor to chip in after delivering on its promises if its role is incomplete and has to follow up after another party has done its bit. Continue reading Should the Entire Supply Chain Management Strategy be Proactive?