Tags: Supply Chain

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pros cons third party logistics

Pros and Cons of Outsourcing

8 Pros and Cons of Outsourcing Third-Party Logistics Deciding to outsource a business function is not a decision to be taken lightly. It requires an understanding of the costs associated with performing that function internally, as well as determining if it aligns with your core competencies and strategic vision. If retail fulfillment and logistics fall outside of your company’s core competency…

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Retail Inventory Management

Inventory Management, Order Fulfillment, and Distribution Services At Group O, our priority is to provide efficient and cost-effective logistics solutions for retailers and their customers. We do that through customized retail supply chain services that include inventory management, order fulfillment, and distribution services. We support a range of business markets across B2B and B2C verticals including…

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inventory management
supplier management consolidation

Supplier Performance Management

Supplier Management and Consolidation Given the nature of global consumerism, businesses often use multiple suppliers to meet the growing needs of their customers. However, using multiple suppliers is often difficult to manage effectively, especially when suppliers are located across the globe. And, when customer demands are not met due to a poorly managed supply chain, businesses stand to lose a…

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Benefits of Kitting

Kitting and Assembly Management Manufacturers are constantly looking for ways to improve lead times, reduce costs, and increase order accuracy. With assembly optimization at the top of mind for many retailers and original equipment manufacturers (OEMs), many are utilizing kitting as a way to increase flexibility and cost savings. Group O offers scalable kitting and assembly solutions that are designed…

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kitting benefits
retail supply chain logistics

Retail Supply Chain Logistics

In the age of next-day delivery, retailers are under a lot of pressure to fulfill orders quickly and accurately. With customers beginning to expect faster shipping times, retailers need to ensure their products are being picked, packaged, and shipped as efficiently as possible and at a low cost.  It is fair to say that customer expectations are higher than ever, with many customers unwilling to purchase…

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What Is Supplier Management?

If you regularly rely on a large group of supplier to keep your business running, you should be actively managing these suppliers. But what does this entail? What is supplier management, and what can it do for the company you operate? Here are a few answer to these vital business questions. 

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What is Supplier Management?
Supplier diversity initiative graphic

Supplier Diversity Matters

Diversity initiatives have become a best practice applicable to almost evhe purpose of supplier diversity is to encourage businesses to source their supplies from traditionally underutilized business vendors. Supplier diversity programs increase vendor competition, quality of goods and services, and potentially cut operational costs. Some of the diverse classifications include Minority-Owned, Women-Owned,…

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What Is Tail-Spend and Why Is It Hard to Manage?

Procurement management is a valuable concern of businesses both large and small. To have procurement well in hand means controlling costs, ensuring high quality, and meeting your company's goals through its use of purchasing power and funds. 

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Inventory using JIT

Understanding The Just In Time Inventory Management System

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