What is the future of procurement? What is the future of procurement? That is the question that McKinsey & Company sought to answer in a new benchmarking report focused on procurement. Despite knowing ...

Traditionally, supply chains have focused on cost savings and operational efficiency, often measured by metrics like On Time, In Full (OTIF). However, as CEOs increasingly expect supply chains to ...

Electronic data interchange, or EDI, is a core technology used to ...

In U.S. retail and grocery, the intermediary item identifier is the GTIN-12/UPC (Global Trade Item Number, 12-digits, which was formerly known as the Universal Product Code), and in the book ...

The third of Dr. Marien’s 8Rs of his Customer’s Bill of Rights is the Right Source. Per his original article, the Right Source was described as: ...

Vendors can use retailers’ own performance metrics (and chargebacks) to guide them on what they should be on the lookout for, not just within their own enterprises, but as they monitor their contract ...

Quite simply, and by its own definition, Dr. Edward Marien’s Customer’s Bill of Rights is a customer-focused business model that places the customer first and foremost. Whether the goods are for use ...

The first of Dr. Marien’s 8Rs of his Customer’s Bill of Rights is the Right Product. Per his original article, the Right Product was described as: Customers are demanding products that meet tough ...

Barcodes work based on light reflected back to scanner optics: black does not reflect light, while the white (blank) spaces do reflect light. Because characters (alphabetic, numeric, special) are ...

The second of Dr. Marien’s 8Rs of his Customer’s Bill of Rights is the Right Quantity. Per his original article, the Right Quantity was described as: Quantity can have several meanings related to the ...