With shoppers finding much of what they want online, the future of the brick-and-mortar store can seem bleak. Such major retailers as J.C. Penney, Lowe’s, Gap and Family Dollar, among many others, have announced plans to close at least some stores across the United States this year.
During the global COVID-19 pandemic, most eCommerce businesses were severely affected by supply chain issues. This happened first and foremost due to importing and exporting from China being shut down. However, there are precautions you can take and ways in which you can adapt your eCommerce strategy for your business not to go under. Based on my experience as a businessman, I believe these risks can be avoided by paying special attention to sourcing and fulfillment centers. By doing this, you will be prepared for any mishaps like the ones occurring due to COVID-19.
University of Arkansas was recently ranked the best undergraduate program in the supply chain industry according to Gartner’s Supply Chain University Top 25 for 2020. The state university beat out over 59 other programs for the prestigious spot atop Gartner’s list. This is quite the feat for the university who didn’t clear the Top 10 in Gartner’s 2018’s ranking. Rounding out the top three are Rutgers University and Pennsylvania State University who garnered the #1 position as the best graduate program in the supply chain industry. “Gartner provides an unbiased report, and this No. 1 ranking recognizes the outstanding work and excellence of our faculty, staff and students,” said Matt Waller, dean of the Sam M. Walton School of Business at the University of Arkansas. “The ranking also is highly respected throughout industry, which helps our students as they look for internships and move into careers.”
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