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HUB-Supply Chain Supply Chain Industry Updates

Retail Supply Chain Leaders to Gather, Virtually

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E-commerce is one of the few clear beneficiaries of the pandemic’s disruption, with shut-in consumers helping to accelerate the evolution of e-shopping by several years in just the past few months, according to some observers. Only last week, in fact, Walmart revealed that its e-commerce business has grown by 74% during the pandemic.

Even so, businesses entering this brave new world must answer several important questions:

  • How do we accurately ensure the availability of products for customers throughout our network?
  • What internal issues are preventing us from processing historical, seasonal and customer data for inventory planning?
  • How do we enable an intelligent supply chain to address our historical shipping, logistics merchandising and inventory problems?

“There is a paradigm shift in retail,” said the organizers of Retail Supply Chain Virtual USA. “E-commerce is no longer a nice to have, or a growth opportunity; it’s fundamental for all D2C brands and retailers. With 300 million people who are primed for online shopping in the U.S., supply chains must evolve with e-commerce front and center. Supply chain must be demand driven, scalable, … flexible and digital to ensure you meet customer expectations.”

The virtual event to be held Aug. 20 and 21 will feature speakers including Alexis DePree, chief supply chain officer for Nordstrom; Liz O’Neill, Levi Strauss & Co. CSCO; and Mike Racer, supply chain senior vice president for Sephora.

Organizer Reuters Events estimates 55% of attendees will represent retailers and brands, 19% will be solution providers and 17% will be logistics providers.

“The supply chain and logistics winners of recent months have been those who already had technologies to enable seamless ERP or visualization, not to mention to predict demand,” Reuters Events said. “Budgets, prioritization and, more importantly, desire to become a digital company are higher than ever throughout leadership.”

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