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VIDEO: Canadian retailers face structural supply chain reckoning: Gary Newbury
['Mario Toneguzzi', 'Based In Calgary', 'Has More Than Years Experience As A Daily Newspaper Writer', 'Columnist', 'Editor. He Worked For Years At The Calgary Herald Covering Sports', 'Crime', 'Politics', 'Health', 'Faith', 'City']
Retail Insider
Canadian retailers are confronting a fundamentally different supply chain environment where past operating models no longer work, according to Gary Newbury, an expert in end-to-end retail supply chain networks.
Newbury says many retailers are still relying on systems and processes designed for a far simpler, pre-2019 world.
According to Newbury, supply chain cost should be treated as a design issue.
Sustainable cost control, he notes, requires re-engineering how goods flow through the network, not simply cutting headcount or squeezing vendors.
Overall, Newbury emphasizes that supply chain resilience is now a strategic imperative for Canadian retail.