"No one is harder on a talented person than the person themselves" - Linda Wilkinson ; "Trust your guts and don't follow the herd" ; "Validate direction not destination" ;

June 09, 2021

Retail and Supply Chain Reads

Retail and Supply Chain Reads.

Learning Tech vs Knowing current trends in each domain vs Getting insights from different reports vs Building your own insights/predictions, The cycle never ends!!!

Retail Trends Playbook 2020

Key Notes

  • Retailers can transform data into dollars by using customer information to determine better marketing, service and product opportunities.
  • Data intelligence is a key ingredient to the customer experience
  • success in this new era is dependent on understanding and anticipating the needs of customers at every stage of the retail journey.

Consumer trends

  • Customers are Comfortable Sharing Data In Exchange For Better Experiences
  • Customers expect Personalization At Every Stage
  • Customers want Knowledgeable Staff On-Hand For Service And Support
  • Data-Powered Warehouses Reduce Cost Of Ownership
  • Consumers Spend More With Better Service

Supply Chain Resilience Report 2021

Key Notes

  • The number of organizations who report on disruptions is continuing to increase
  • COVID-19 has increased the number of organizations using technology for supply chain management
  • Over half of organizations admitted COVID-19 increased their use of technology for supply chain mapping
  • Cross border land transport has been the primary cause of logistics disruption in 2020
  • Management have become more committed to managing supply chain risk

Beyond COVID-19: Supply Chain Resilience Holds Key to Recovery

Key Notes

  • COVID-19 has now unleashed a global supply chain crisis across a huge number of organizations, stemming from a lack of understanding and flexibility of the multiple layers of their global supply chains and a lack of diversification in their sourcing strategies.
  • Where possible, diversified supply-chains across companies and geographies greatly
  • reduce exposure and if firms are tied to single suppliers, risks from supply-chain disruptions 
  • Big data analytics can assist firms in streamlining their supplier selection process, cloud-computing is increasingly being used to facilitate and manage supplier relationships and logistics and shipping processes can be greatly enhanced through automation and the internet of things. 

Supply-chain recovery in coronavirus times—plan for now and the future

Key Notes






Keep connecting the dots !!! Diversified and predicting risks / setting up a Digital connected supply chain!!!

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