Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
In a similar manner, the parent company of 7-11 (Southland Corporation at that time) was a pioneer in linking together checkout price scanners with inventory control. They were able to craft a system by which deliveries to each store were customized based on what actually had been purchased from that store. Today we shrug and think it seems obvious, but back then it was one of those supply chain revolutions that helped them provide lower prices to customers at a time of rising costs for them.
Supply chain management can be fascinating. There was a recent article at 538 about Waffle House, for example. Their supply chain manager looks beyond their suppliers to who supplies them; in many cases the same original manufacturer supplies several of their suppliers and so they want to go several stages further up the supply chain than most people would look to make sure that they can deliver to their customers even if one supplier to suppliers gets disrupted.
Originally posted by St. Clown
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Supply chain management can be fascinating. There was a recent article at 538 about Waffle House, for example. Their supply chain manager looks beyond their suppliers to who supplies them; in many cases the same original manufacturer supplies several of their suppliers and so they want to go several stages further up the supply chain than most people would look to make sure that they can deliver to their customers even if one supplier to suppliers gets disrupted.
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