Welcome to the 8th edition of Q&A with Dr. Tompkins. Please be sure to write me any of the questions you may be having with regards to your own eCommerce supply chain operations.read more
Welcome to the 7th edition of Q&A with Dr. Tompkins. Please be sure to write me any of the questions you may be having with regards to your own eCommerce supply chain operations.read more
Does positioning eCommerce inventories closer to customers yield more sales? The newest MonarchFx whitepaper, Achieving Revenue Gains from Distributed Logistics, addresses this recurring question.read more
Welcome to the 6th edition of Q&A with Dr. Tompkins.
Q: How has DIGITAL disrupted supply chains and do these disruptions also impact the supply chains of traditional retail?
Answer: Great question that requires three different responses:
Welcome to the 5th edition of Q&A with Dr. Tompkins.
Q: Competing with Amazon there is a subliminal fear of them having so much scale that no one can effectively compete. What are your thoughts?read more
Welcome to the 4th edition of Q&A with Dr. Tompkins.
Q: I have heard you say MonarchFx is a product firm, not a service firm. Please explain.read more
Welcome to my 3rd edition of Q&A with Dr. Tompkins. Today I will answer questions related to automation and technology, and the impacts on supply chain.
What will be the biggest change in the next 5 years, the key technologies that are having a major impact on supply chain?read more
There seems to be a big talent gap in supply chain – how can we solve for it? This is a huge problem, but the reality is, the supply chain is a very difficult field for training people. The reason for this is the breadth of the field (Plan-Buy-Make-Move-Store-Sell), and the complexity and interrelationship of these 6 mega-processes. The talent gap is not going to be solved by moaning and groaning or trying to hire the perfect candidate. The talent gap will only be solved when we accept this as a major responsibility of development. Therefore, what must be done is for your organization to hire the best candidates you can find and invest in developing them, grow your own talent.read more
Over the next several weeks, I will be publishing key questions that we have been getting from our readers on the supply chain industry, key technologies that will need to be in place for your supply chain, labor shortages, and a few other questions sprinkled in as we receive them. First, I will tackle answering questions regarding Amazon.read more
Learn from the MonarchFx team throughout the summer.
Register for MonarchFx’s Online Webinar being held May 22nd at either 10 am EST or 4 pm EST to learn how retail is changing faster than ever before. Insatiable customer experience demands have forever changed the landscape. How are you responding?read more
In a recent blog, Jim Herman, SVP Business Development for MonarchFx answered a couple of key questions that all executive's need to ask themselves.read more
There are a couple of questions that I have been pondering over that I thought you may want the answers to. Does your supply chain generate good customer service and good profitability? Is using stores as fulfillment centers viable?read more
Whether it is a Ferrari vs. a Fiat or a Jet Engine vs. a Propeller, generally speaking, to move something quickly has a higher cost than to move it slowly. The ability to move fast at a lower cost is a challenge that has pervaded the supply chain industry for years.read more
This has been a very exciting week for MonarchFx. We are very pleased to announce our partnership with NFI for our first Rapid Deployment MonarchFx Center (RDMC) located in Chino, CA. This RDMC has the capacity to provide 19 million consumers with same day delivery, 22 million with one-day delivery, and 51 million with two-day delivery. MonarchFx has plans to open four additional locations over the next six months to service all of the United States.read more
Meet the MonarchFx Executive Team. The team has over 200 years of related logistics experience in operations, finance, business development, implementation, and fulfillment.read more
When I first wrote, Food Fight: Discovering Eight Truths of the New Era of Retail, I used the terms “Post-Click” and “Post Clique”.
The term “Post-Click” has come to be short hand for “Post Click Marketing” which is defined as, the practice that aims at improving sales and marketing results by focusing on website visitors when they respond to online marketing activities, such as, pay per click advertising, HTML e-mails, and paid searches with the objective of increasing conversion rates.read more