Earlier this year, I made some predictions in Innovate or Die: 5 Omni-channel Strategies Amazon is Trying to Outrun. As a part of those predictions, I talked a little bit about the "barbell effect" and how there would be a dichotomy between luxury/high-end, customized, boutique firms that offered a unique customer experience for a premium and hyper-local/convenience …
Here is a short guide to the ins and outs of selecting and implementing a lease administration program.
It has been said that smartphone devices are designed to provide a level of gratification on par with drug use or gambling, which piqued my interest. After doing some basic research I quickly realized there are some interesting parallels between a Fortune 100 supply chain and a drug cartel. The success of the iPhone would …
Lightning bolts, floods, fires and the occasional category 5 hurricane are inevitable. They will come. It's just a matter of where and when. While it isn't sexy or fun to put a disaster recovery plan in place, it is critical to employee safety and business continuity when the worst does happen. It is also critical to understand that real estate is not the only facet of disaster recovery that may be affected if a building site is destroyed or disabled. Disasters will have a global effect on HR, IT, marketing, finance in addition to operations and real estate. A streamlined and updated Disaster Recovery Plan (DRP) can save lives and reduce the the overall impact on your company.
In this post I'm going to break down some of Murphy's practices regarding asset allocation strategy (lease vs. own), sustainability efforts and location strategy that have been critical to Murphy's long standing run as a third party logistics firm (3PL).
We often underestimate how important supply chain is to our daily lives. While it's not a surprise to supply chain managers, most consumers don't consider folks like Chris Ward, who are out there sourcing things like 80,000 cases of jalapenos for Church's Chicken so you can get peppers on the side with your combo meal.
Employees and executives managing real estate transactions are not just filing leases anymore and they provide more value than ever. Companies in a low margin industry, like 3PL, can live and die by their real estate decisions and practices.
If you are an online retail executive, you are being hounded daily by vendors peddling technology solutions all in the name of reduced costs and enhanced customer experience. If you are currently vetting vendors or plan to consider upgrades in the near future, please consider the following to help you make a better decision.
While Amazon is a force to be reckoned with and their game changing innovations have raised the standard in omni-channel retail, it is only a matter of time before the large retailers close the gap and begin to stifle Amazon's current growth rate. Amazon hasn't won any prizes yet, and knows it.