7 SECRETS TO CRACKINGTHE SUPPLY CHAIN CODE

June 25, 2018

Based on research from the IHL Group, companies are losing over 1 trillion dollars anually due to out of stocks and overstocks. This 1 trillion dollars flows throughout all commerce and no one is immune. Sears, Kmart, Gander Mountain, and more are joining the fallen ranks of companies unable to adapt to a new customer dynamic. That is, the ability to provide unique customer experiences, delivering the right products at the desired time without bankrupting the company. Consumers have access to endless information, make decisions in moments, and act in seconds. Companies today must change their approach if they want to keep up and avoid becoming another victim of The Amazon Effect. $800 billion of that $1 trillion of out of stocks and overstock losses are due to data, process or personnel issues.

Spotlight

Econolite Group, Inc. (EGI)

Established in 1933, Econolite is a leading provider of comprehensive traffic management solutions, Intelligent Transportation Systems (ITS), and engineering services. Committed to the advancement of connected and autonomous vehicle. Smart City, and other leading-edge technologies, Econolite’s solutions ease traffic congestion, enhance transit operations, provide safer mobility, and improve quality of life. For more information: www.econolitegroup.com.

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Spotlight

Econolite Group, Inc. (EGI)

Established in 1933, Econolite is a leading provider of comprehensive traffic management solutions, Intelligent Transportation Systems (ITS), and engineering services. Committed to the advancement of connected and autonomous vehicle. Smart City, and other leading-edge technologies, Econolite’s solutions ease traffic congestion, enhance transit operations, provide safer mobility, and improve quality of life. For more information: www.econolitegroup.com.

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