Chủ nhật, 18/04/2021Hotline: 0906 779982Quảng cáo

5 must-take actions to prepare for the 2020 holiday season

(VLR) This year has been, and continues to be, unprecedented. And given the integration of these global supply chains and advances in modern transportation, the disruption caused by COVID-19 is, arguably, unprecedented in modern times.

Global manufacturing, assembly, transportation, final mile delivery and even raw material sourcing has been stopped, altered or bottlenecked throughout much of 2020. And while some parts of the supply chain are starting to open

back up, it appears that the remainder of the year (and right in time for retail’s Q4 holiday or peak period) will see historic challenges due to the global COVID-19 pandemic.

Given this new normal, what are global supply chains to do? How are they supposed to keep inbound goods flowing, deliver products and reduce bottom- line risk? The best tactics to plan for 2020’s holiday season are simply variations of tried and true practices. In fact, you’ll recognize all of them because they are already part of your toolkit. Now that your expectations are, hopefully, somewhat realistic, let’s dive into a few actions you can, and should, take this season.

1. COVID-19 DISRUPTIONS

Recognize that this year is not like other years. Amazon and countless other retailers have had to tell customers that their goods were not going to be delivered in one or two days. Global supply and transportation were disrupted and goods weren’t available. When they were, they often couldn’t get delivered on time. Guess what? We made it anyway. While it’s difficult to accept, customers in 2020 were generally very understanding of the impact the pandemic had on getting goods delivered on time.

much of 2020. And while some parts of the supply chain are starting to open back up, it appears that the remainder of the year (and right in time for retail’s Q4 holiday or peak period) will see historic challenges due to the global COVID-19 pandemic.

Given this new normal, what are global supply chains to do? How are they supposed to keep inbound goods flowing, deliver products and reduce bottom- line risk? The best tactics to plan for 2020’s holiday season are simply variations of tried and true practices. In fact, you’ll recognize all of them because they are already part of your toolkit. Now that your expectations are, hopefully, somewhat realistic, let’s dive into a few actions you can, and should, take this season.

2. KEEP STAKEHOLDERS CLOSE

Go upstream and align even more tightly with your suppliers, carriers and every stakeholder involved in getting goods to you of Communication, it simply means talking with your suppliers and upstream stakeholders more frequently. Find out when the factory in Southeast Asia is opening up. Find out when the Port of Los Angeles will be 100% operational. Find out when the carrier will have a full fleet of drivers back on the road.

3. TRANSPARENCY

Demand honest, transparent information from these upstream stakeholders. It’s better to have accurate information that is difficult than it is to have incorrect information that calms emotions and nerves in the short-term. You’re much better off knowing the port will be closed indefinitely than to be told (incorrectly) that it will open next week. Having the most accurate information possible will allow you to build better contingency plans. Of course accurate, reliable information is easier to obtain if you already have great relationships with your upstream supply chain partners.

4. COMMUNICATION IS KEY

You’re already doing this, but increase the frequency of communication with everyone from your suppliers to your customers. It’s impossible to over- communicate (as long as it’s sincere and relevant). One of the worst mistakes one can make is to under- communicate when there is massive change taking place. While commonplace, this is simply to remedy.

5. UNLOCK THE DATA

Continue to use predictive modeling, coupled with emerging data from 2020 trends, to forecast and plan outbound, downstream demand. It’s like0ly Black Friday this year will be a big day in retail just like previous years. Of course, the accuracy of prediction modeling may be less than prior years, but don’t throw out all the tools, analytics and historical data just because demand in Q1-Q3 was so a guess of sorts, but make it the best guess (forecast) you possibly can by combining history data, 2020 data, and macro-economic and political trends, with your organization’s collective intelligence into a forecast. Will it be wrong, yes. But it will be better than if you throw a dart at the wall.

We all know that 2020 has been a tough year and created numerous challenges in the global supply chain. It has also created countless opportunities for new business ventures. With regards to inbound and outbound forecasting, do the best you can. Have awareness and maintain perspective. Communicate broadly. Go upstream at a more granular level than typical. Seek honest, clear information from your supply chain stakeholders. And, finally, use all the tried and true tools and systems you normally use, augmented with 2020 data and trends. Use 2020 challenges as a catalyst to develop new skills, hone old skills, strengthen old relationships and develop new ones.

Source inboundlogistics.com

Ý kiến bạn đọc

Chưa có ý kiến nào. Hãy là người để lại ý kiến đầu tiên.

Ý kiến của bạn

0

Tối thiểu 10 chữTiếng Việt có dấuKhông chứa liên kếtGửi bình luận

Vui lòng nhập mã bảo mật để gửi bình luận lên hệ thống
Gửi bình luận

Thiếu tướng Võ Trọng Hải trở thành tân Chủ tịch tỉnh Hà Tĩnh

Ngày 17/04/2021 lúc 07:23

Với 100% số phiếu tán thành tại kỳ họp HĐND tỉnh, Thiếu tướng Võ Trọng Hải, nguyên giám đốc Công an tỉnh Nghệ An đã trở thành tân Chủ tịch tỉnh Hà Tĩnh.

Nghệ An 'rót' gần 1.100 tỷ đồng cho 21 dự án giao thông

Ngày 16/04/2021 lúc 14:51

Trong năm 2021, Nghệ An dự kiến hoàn thành xây dựng 21 dự án giao thông với tổng số vốn đầu tư hơn 1.091 tỷ đồng.

SNP và Viettel ký kết hợp tác toàn diện

Ngày 16/04/2021 lúc 08:58

Chiều 15/4, tại TP. Thủ Đức, TP. Hồ Chí Minh, 2 doanh nghiệp quân đội hàng đầu là Tổng Công ty Tân Cảng Sài Gòn (SNP) và Tập đoàn Công nghiệp - Viễn thông Quân đội (Viettel) đã ký kết thỏa thuận hợp tác toàn diện về phát triển hệ thống công nghệ thông tin, dịch vụ logistics và các dịch vụ khác. Thiếu tướng Lê Đăng Dũng, Chủ tịch kiêm Tổng giám đốc Viettel và Đại tá Ngô Minh Thuấn, Tổng Giám đốc SNP chủ trì buổi làm việc.

Thời tiết

Hiện tại

°

Nguồn: Weathers Underground

Tỷ giá ngoại tệ

Tỷ giá ngoại tệ cập nhật vào 18/04/2021 17:54
Mã NTTiền mặtChuyển khoảnBán
USD22,950.0022,980.0023,160.00
AUD17,429.6417,605.7018,157.65
EUR26,775.7827,046.2428,174.59
GBP30,993.7831,306.8432,288.33
JPY206.04208.12216.80
SGD16,860.5817,030.8917,564.82
THB654.48727.20754.51
Nguồn: Vietcombank

Giá xăng dầu

Giá xăng, dầu cập nhật ngày 18/04/2021 11:54
Loại xăng dầuĐơn vịGiá vùng 1Giá vùng 2
Dầu hỏa 2-KVND/L1282013070
DO 0,001S-VVND/L1449014770
DO 0,05S-IIVND/L1414014420
E5 RON 92-IIVND/L1780018150
Xăng RON 95-IIIVND/L1897019340
Xăng RON 95-IVVND/L1907019450
Nguồn: Petrolimex
Tạp chí VLR tuyển dụng Trưởng ban Phát triển kinh doanh

Tạp chí VLR tuyển dụng Trưởng ban Phát triển kinh doanh

Ngày 01/04/2021 lúc 10:43

     GIỚI THIỆU VỀ TẠP CHÍ VIETNAM LOGISTICS REVIEW-       Tên đơn vị                         : Tạp chí Vietnam Logistics Review -       Tên viết tắt                        : VLR-       Ngành nghề hoạt động      : Báo...