Frey's

The Toyota Way is not a recipe for creating a digital supply chain, writes a McKinsey report. Other companies may become stymied by one singular metric or process, become too IT-driven, or lack a business champion to lead the effort. Others may struggle to find talent and funding. These are all common, but not fatal, obstacles for companies on their journey to digital supply chain success. Today, we will discuss Supply Chain Models and how to transform them into options viable for this digital age In this Article Introduction Supply Chain Models (SCM) Balancing Resilience Sustainability The Human Element Key takeaways Introduction A digital supply chain requires both capabilities and an environment that encourages innovation. Companies need to build digital capabilities into their culture, typically through targeted recruitment of specialist profiles. The innovation environment must foster organizational freedom and flexibility, along with state-of-the-art IT systems. Moreover, compan...

What is a QR Code? If you’ve been asking yourself, “What is a QR code,” then you’ve come to the right place. The code stands for Quick Response , which is a short form of short-range, universally-recognition code. They’re an important part of mobile commerce and they’re typically small squares or rectangles that are easy to read. They also display information in a variety of ways, including through text, graphics, and video. The code is usually black and white with a colored border between it. The colored border helps the scanner understand what the code is and where to read it. The white space provides structure and helps the reader distinguish between what’s part of the code and what’s not. Most smartphones have QR readers built-in, and if you don’t have one, you can purchase one in the app store (if you own an Apple device, simply use the camera to scan a QR code). QR codes link to a website, making them a good choice for a varie...

Among other things, this new method of fulfillment helps retailers offer faster shipping to customers. Customers who prefer to wait for a few days to receive their purchases can pick them up in the store for free. This option allows retailers to retain customers and reclaim lost loyalty. Let’s examine how this new fulfillment option works starting by defining the terms and benefits of this fulfillment method. In this Article What is Buy Online and Pick up In-Store (BOPIS)? How Does Buy Online and Pick Up In-Store benefits? Challenges in implementing BOPIS Real-time tracking technology Challenges in Implementing BOPIS Delays in the adoption of technology Marketing issues Lack of employees to process BOPIS orders Handling logistical issues The Hub and Spoke Distribution Model for logistics Simplifies shipment processes Improves workforce productivity Optimizes route planning and faster deliveries Brings down logistical costs In Short What is Buy Online and Pick up In-Store (BOPIS)? ...

As footfall in supermarkets steadily declines, a new challenge for supermarkets is to invest in logistics and AI technologies as well as better inventory management software. According to David Katz, a specialist in retail store design in New York, supermarkets must adopt a flexible design to evolve. In addition, technology should be leveraged to assist the employees in stocking and delivering products . The future of supermarkets will depend on their ability to flexibly accommodate these new challenges. In this Article Click-and-Collect or Store-Pickup Loyalty matters Assistance by technology Importance of logistics Closing Thoughts Click-and-Collect or Store-Pickup Despite the many benefits of online shopping , there are still many reasons to visit a physical store instead. Click-and-collect, also known as kerbside pick-up, has been especially helpful during the pandemic. This convenience has become an integral part of everyday life for millions of shoppers. Whether you are a frequen...

Dried fruits contain more fiber and antioxidants than fresh fruit . They may have beneficial effects against heart disease and obesity, and some types of cancer, although the benefits of fiber in fighting colon cancer are controversial. Research has shown that people with diets rich in plant phenols have lower rates of heart disease, diabetes, and many kinds of diseases. In this Article Reduces cholesterol levels Lowers blood pressure Controls inflammation Reduces aches and pains Prevents Osteoporosis Stabilizes energy levels Relieves hunger In Summary Reduces cholesterol levels Eating fruit can help lower your cholesterol levels. The soluble fiber in fruit binds with fatty molecules in the digestive tract and drags them out. The monosaccharide fructose is the main component in fruit and is twice as sweet as glucose. Dried fruit has an added benefit: they require fewer calories to reach the same caloric level as fresh fruit. But you should limit your intake of dried fruits to between...