Page 3 - Logistics News March 2018
P. 3
Thought Leadership
The ‘Amazon Effect’
and your supply chain
How to overcome this disruption
with innovative strategies
Courtesy Ryder
THE WAY we shop has changed.
We can get what we want as fast
as our fingertips can press the
checkout button. We live in a
time when people would rather
shop online from the comfort of
their homes than go to a physical
shop. In addition, technological
advancements over the past
20 years have created the ‘now
economy’. Because of these
changes, today’s consumers are
digitally savvier, less patient, and
have near infinite options available
to them.
For many, it’s rare to go a week
and not receive a package at the
door. As consumers, we’ve gone
from waiting 7-10 days for an
order to sometimes less than two
hours. Not long ago, we simply
ordered clothing, children’s toys
and electronics. Now, we order
everything from groceries for that
night’s dinner to a final addition for
a child’s school project.
FIVE STEPS IN SYSTEM IMPLEMENTATION
• CAPTURE – Use advanced technologies to gain
visibility across the supply chain.
• ANALYSE – Evaluate where branded and private
label products come from.
• DESIGN – Set up supply chain routes, material
flow and logistics networks to accommodate
varying requirements.
• SENSE – Use advanced analytics, business
processes and planning technologies.
• STRUCTURE – Develop structured playbooks
or scenarios to know how to comply with rules,
regulations, exceptions and practices.
2 March 2018 | Logistics News