All clients like offers and one thing they are prompt to take advantage of are big savings days, a practice adopted by e-tail with successful results. There are two large savings marathons in the USA, Black Friday and Cyber Monday (known as Buen Fin and Hot Sale in Mexico, respectively). The first of these events takes place the day…
Staying in the Black on Black Friday Requires Careful Supply Chain Planning. According to the International Council of Shopping Centers (ICSC), customer enthusiasm for Black Friday shopping is up 8% this year, and spending is expected to increase by 4% overall. Black Friday is fast approaching, with its younger sibling, Cyber Monday, as the two highest…
According to FM Global, a commercial property insurer, these are six facets of the current supply chain crisis that exemplify threats to business resilience: 1. COVID-19 – The pandemic has disrupted demand (as consumers have hunkered down) and product supply (as factories have suspended production), setting up a bullwhip effect of supply and demand mismatches. Takeaway: Although…
