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1、Supply Chain Visibility is Vital for Creating an Agile Retail Operation1Supply Chain Visibility is Vital for Creating an Agile Retail OperationSupply Chain Visibility is Vital for Creating an Agile Retail Operation2IntroductionRetail success depends on agile,reliable,and resilient supply chain logis
2、tics.As the world continues to struggle with the aftermath of pandemic-induced supply chain disruptions,manufacturing shortages,and rising inflation,retailers are working to overcome supply chain challenges to meet customer expectations today while figuring out how to make their supply chains more r
3、esilient.Its a band-aid rather than long-term strategic approachand both are necessary for retailers to stay afloat and competitive during current conditions.What makes for a resilient retail supply chain?There are multiple factors,but at the core lies visibility.In this eBook,we examine why and how
4、 gaining supply chain visibility is necessary to become and remain an agile retail operation.Supply Chain Visibility is Vital for Creating an Agile Retail Operation3State of the Retail Supply ChainThe retail ecosystem continues to experience manufacturing and labor shortages that ripple across the s
5、upply chain.1 Raw material shortages;shipping and port delays;manufacturing,warehouse,and delivery driver labor shortages;geopolitical factors;and high fuel and transportation costs are all contributing to scarcity of goods and,for retailers,delays in order fulfillment and delivery.Inflation and ris
6、ing interest rates are tempering and slowing consumer spending.While grocery and beauty categories continue to lead in sales,shoppers are expected to trade down or stop buying more discretionary items until the economy recovers.Inventory that was in demand in 2021 and the first half of 2022 may no l