Supply Chain Control Towers (SCCTs) are increasingly crucial for businesses to gain real-time visibility and improve supply chain performance. For technology companies offering control tower solutions, successfully positioning your product requires strategic thinking, a deep understanding of your customer’s challenges, and the ability to demonstrate clear Return on Investment (ROI). This guide walks you through a 13-point checklist to effectively sell supply chain control tower solutions and provide a Unique Selling Point (USP) to potential customers.
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Retailers have been on a roller-coaster ride for the last few years. A global pandemic, supply chain disruptions, inordinately high inflation, and poor economic growth worldwide have profoundly impacted the industry. Consumer behavior has also changed, as evidenced by the rise in omnichannel shopping experiences. As consumer confidence fluctuates in early 2024, their appetite for goods remains surprisingly strong.
Modern supply chains are extremely complex, involving various stakeholders, regions, transport systems, and even standards. Adding to this complexity is the fact that various software systems used for supply chain management generate data in their own separate silos. It’s tough to draw definitive conclusions and improve supply chain operations when data are disorganized. Therefore, acquiring a unified inflection point that captures all these data in a single location is essential to keep operations running smoothly. Enter supply chain control towers, which give logistics operators full visibility into various systems, processes, assets, etc. in one platform.
Supply chain visibility is universally agreed upon to be a must-have in the modern enterprise. From tracking when a product leaves a warehouse to final delivery at the customer’s doorstep, real-time updates through the supply chain add value to the customer, as well as ecosystem partners. However, another aspect of the supply chain that needs real-time tracking software services is yard management. Yard Management Systems (YMSs) are the answer, as they provide real-time or near real-time visibility into various trailer activities within a warehouse, dock, or other logistical stop points. From there, the system can automatically schedule pickups/deliveries and allocate assets, such as trailers, trucks, and equipment. The end result is more efficient workflows and data-driven decision-making.
Retailers, more than ever, feel the pressure to deliver online orders to consumers at lightning-fast speed. To help make that happen, many companies are leveraging Micro-Fulfillment Centers (MFCs) that keep lower stock inventory levels and get orders out the door more quickly than traditional fulfillment centers. With 87% of retailers struggling with talent acquisition, automation is set to be a massive difference-maker in MFC success. In this post, you’ll read about five of the most promising technologies to carry out micro-fulfillment processes automatically.
Big-name retailers like Amazon and Walmart have set the precedent for next-day and same-day delivery services. In order to accommodate this new e-commerce standard, companies are recognizing the need for Micro-Fulfillment Centers (MFCs). MFCs enable retailers to fulfill customer online orders in a quick fashion and shorten the last mile. This allows retailers to stay competitive and provide cost-effective omnichannel offerings.
In the pharmaceutical supply chain, the margin for error is razor-thin. If there’s a disruption to the delivery of critical drug products or medications, patients' lives, overall health, and well-being could be at stake. Unfortunately, operational vulnerabilities arise as the pharma industry grows tremendously and becomes more globalized. This article highlights five pharmaceutical supply chain challenges that could be remediated with Internet of Things (IoT) track and trace technologies.