Browsing: Supply Chain

As Gordon Colborn of PRTM has noted in his commentary, directly relevant entries that were of Finalist quality were sparse in this, the first year of our Environmental Improvement Award.

This category might be regarded as almost the entry level for the Awards – after all, if you can’t ship the right goods to the right place at the right time, it would be hard to make any claim to excellence.

All supply chian work is necessarily team work. The judges were looking for teamworking and effective collaboration both within the organisation and externally with partners, suppliers and customers and many of our finalists demonstrated these qualities.

A real innovation in the Awards this year is the Outstanding Contribution Award. Uniquely, this doesn’t involve complex metrics, exhaustive questionnaires, or teams of consultants with clipboards.

Supply chain costs as a percentage of revenue are increasing for retailers. A new strategic approach is needed if costs are to be minimised and margins increased. So, what makes a winning retail supply chain?

What will the supply chain of the future look like? How will risks in the supply chain be addressed? Will global sourcing continue unabated? Our ‘Supply Chain Vision Group’ offered their best predictions.

Clothing retailers are turning to rapid response supply chains to deliver a cutting edge – leading to 50 per cent reduction in out-ofstocks and a three per cent improvement in margins. This, along with the rising importance of internet sales, is creating