Podcasts about backorders

As our industry continues to navigate the “new normal” of backorders, staffing shortages, and budget cuts, many supply chain professionals find themselves struggling to meet their facility's supply needs. If you've been asking yourself, "How can I get this product in time?” or “Will this item ever come off backorder?”, we have the solutions you've been waiting for! Join Justin Poulin and Suzi Collins as they discuss how you can leverage the power of AI technology, critical reasoning, data analysis, and your passion for the industry, to successfully meet the escalating demands of your department. If you're ready to invest in the future of your supply chain success, tune in to this can't-miss conversation! Want to stock up on more Supply Chain insights? Connect with us on LinkedIn here: https://www.linkedin.com/company/powersupplymedia To check out more from Justin and Suzi's video series visit us on YouTube: https://www.youtube.com/playlist?list=PLu-lsrFpnsLn3J-s_RGNF_VtH6kscKtr #PowerSupply #SupplyChain #HealthcareSupplyChain #SupplyChainDemands

For manufacturers and distributors alike, backorders constitute a reliable means of keeping up sales even after goods have gone out of stock. In this article, we look at the meaning and causes of backorders and weigh their pros and cons. You can learn more about it from this episode or read the article here. More information about MRPeasy software at our website mrpeasy.com

Backorders, supply chain disruption and now Inflation?!  We may be worried about the impact of inflation on our daily lives, but what does this mean for healthcare?  What can we expect as the hits just keep on coming?  David Dobrzykowski, Claudia Rosales, and Andrew Balthrop from the University of Arkansas -- Sam M. Walton College of Business join Hays Waldrop, Garry Skinner and Justin Poulin to share some insights from the research they have been doing around inflation and the impact on healthcare organizations.  What do the trends tell us, how long is this going to last, how can we adjust our strategy?  Tune in and find out today! Loving the #PowerSupply conversations? You can now download our free mobile app: Apple: https://zcu.io/sx2h Android: https://zcu.io/xJSJ And listen at: iTunes -> https://zcu.io/3Zef Spotify -> https://zcu.io/eBXx Stitcher -> https://zcu.io/2gMi Amazon Podcasts -> https://zcu.io/Xo2S Google Podcasts -> https://zcu.io/O8SY #inflation #supplychaindisruption #PowerSupply #Podcast #Education #SupplyChain #HealthcareSupplyChain #Healthcare 

Kyle, Cooper, and Ash discuss Black Friday sales, shipping delays/backorders, and our new Bronco.

Backorders have been wreaking havoc on supply chain for nearly two years and it appears that they are here to stay!  On this week's episode of the Power Supply podcast, Suzi Collins joins Hays Waldrop, Gary Skinner and Justin Poulin to talk about how her organization has developed processes to better manage backorders and give her team the confidence to work autonomously.  One secret: Never take a simple "No" without gathering more information.  Don't forget to download the smart phone app for Apple or Android to access bonus content for select episodes including the workflow diagram developed by Suzi as we discussed on this show. Loving the #PowerSupply conversations? You can now download our free mobile app: Apple: https://zcu.io/sx2h Android: https://zcu.io/xJSJ And listen at: iTunes -> https://zcu.io/3Zef Spotify -> https://zcu.io/eBXx Stitcher -> https://zcu.io/2gMi Amazon Podcasts -> https://zcu.io/Xo2S Google Podcasts -> https://zcu.io/O8SY #backorders #contingency #resources #planning #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting

We're already done with Wednesday!  Throwback Thursday tomorrow...just a "heads up". Speaking of heads up here's what we've got for you today in the business news headlines: Troubling news from the airline industry; An international company pulls the plug on travel; Backorders, workers and the virus; Ford says absenteeism there hits 20% and why; Salesforce says, business is good...very good; The 5 fastest shrinking metros in the U.S.; What EV beat Tesla in mileage...we'll share; "The Tesla Cybertruck will be a disaster" who said it?  The Wall Street Report; Working from home a "mental toll"? Thanks for listening!  The award winning Insight on Business the News Hour with Michael Libbie is the only weekday business news podcast in the Midwest. The national, regional and some local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on PlayerFM, Podbean, iTunes, Spotify, Stitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon on News/Talk 1540 KXEL. The Business News Hour is a production of Insight Advertising, Marketing & Communications. You can follow us on Twitter @IoB_NewsHour.  

Supply chain disruptions have affected every part door dealer operations; most important is the impact on customer relations. In this session, Dan Apple will provide insight in how to respond to customer needs and best manage those relationships.

Welcome to the Weatherby Podcast! In this episode we cover: - 2020 -How COVID affected and is still effecting business - What we're doing about it - Backorders and component shortages - The plans for 2021

Best selling products of stock with your supplier? Here’s what you need to do... In this episode of the eCommerce Lifestyle Podcast, Anton shares what to do when your best suppliers run out of stock of your best selling products.

Bill LaPierre | Catalog Strategies, Catalog Survival, Catalog Trends I’m not going to recap Covid cases or report on the retail sales shifts – we already know that store traffic is down or non-existent, and as the virus cases grow, fewer consumers will venture out. Be glad you have a direct to consumer business.However, here is what I’m hearing from readers and clients about current catalog and ecommerce results: hard goods and food mailers are generally doing great. Some moved their Black Friday sales events forward by a week or two, simply because demand is so strong, they were afraid they would be unable to ship all their orders. Despite many Americans still being unemployed, many catalogs report difficulty in hiring enough staff for the warehouse.Backorders and out-of-stocks remain a massive problem, due to factories that were closed, shipping delays, and an overall increase in demand caused by the pandemic. Those of you selling anything for the home, or products that consumers use in a pandemic are simply struggling to get through the next six weeks. Several of our clients reduced circulation – even eliminating holiday mailings – simply to avoid customer service issues. Moreover, many clients have reported that they are reducing short-term digital advertising, simply because they can’t get orders out the door.Response to apparel offers however is mixed, with most mailers reporting soft response. Fortunately, most apparel mailers did not dramatically increase circulation in anticipation of picking up sales that would have ordinarily been done in retail stores, which they expected to be shunned due to the pandemic.The bottom line is that most of you are doing very well, but operational issues – which have not been part of the holiday season for years at the magnitude they are this year – are causing huge problems.What I Didn’t Hear:In years past, mailers always complained that they experienced soft sales the week before or the week of the election. However, despite all the other things that have gone wrong in 2020, no one has reported any hiccup in response related to the election, or its continued aftermath. And if consumers don’t go to the malls over Thanksgiving weekend, you should continue to reap a strong harvest into December, or until the shipping network grinds to a halt.Support the show (https://www.paypal.com/paypalme/myamazonguy)

Backorders are orders for goods that a company cannot fill at present because demand has outpaced supply.   Listen more from this episode or read it from here.

In this episode, we are going to be talking all about how to manage backorders in your practice. It seems like backorders have become increasingly more frequent and lengthy in the last couple of years. I remember back when I first started managing inventory, which seems like many moons ago now, if a product was on backorder, it was either short-lived or it was fairly easy to find an alternative. Now, not so much. Between the class II opioids, eye medications, antibiotics, and other critical backorders, we are stuck between a rock and a hard place.

The Docs talk with a caller about medications on backorders, injuries in practice are different,

On this episode of Jessica’s Show, we finally have reached the month of November! We have a lot to cover in the weekly TV update as more networks are making backorder decisions. Technology jumps a new level. And we have a reading of some writings I have been working on. All this and more, coming on Jessica’s Show! --- Send in a voice message: https://anchor.fm/jessica-boggs/message

Remember the EpiPen backorder last year?

Here's my response to this question:  Help! I’m so frustrated.  I just attended a “sales training” program that never addressed the real issues that I have to deal with every day.  What causes me problems is not my lack of sales ability, it is my company’s back orders, the lack of responsiveness and competence in my customer service people, and the mistakes in delivery by the warehouse.  Those are the real issues.  What can I do about those things?

Here's my response to this question:  Help! I'm so frustrated.  I just attended a “sales training” program that never addressed the real issues that I have to deal with every day.  What causes me problems is not my lack of sales ability, it is my company's back orders, the lack of responsiveness and competence in my customer service people, and the mistakes in delivery by the warehouse.  Those are the real issues.  What can I do about those things?

It's the bain of B2B sales -- backorders. Our lives would be so much simpler if there were no backorders.  But there are.  Here's some wisdom on how to manage the inevitable backorders more effectively. 

It's the bain of B2B sales -- backorders. Our lives would be so much simpler if there were no backorders.  But there are.  Here's some wisdom on how to manage the inevitable backorders more effectively. 

When you’re selling online, whether you use Drop Shipping or you physically stock and ship your products, wholesale backorders from your supplier are always a real possibility. As a business owner, it’s really important for you to understand why this happens and what you can do to avoid damage to your online reputation. Be sure to Subscribe to the Show! Find much more TRUTH about ECommerce on my site. EPISODE TRANSCRIPT Welcome to Chris Malta's EBiz Insider Podcast, where we don't have to PRACTICE telling the truth, because we don't know how to do anything else! When you’re selling online, whether you use Drop Shipping or you physically stock and ship your products, wholesale backorders from your supplier are always a real possibility. Wholesale backorders often seemingly come out of nowhere, and leave you holding the bag, trying to explain to your customer why you suddenly can’t deliver what they bought. To some degree or other, this is almost always the result of the Butterfly Effect, where one small problem in the Supply Chain ripples out across the entire product market. As a business owner, it’s really important for you to understand why this happens and what you can do to avoid damage to your online reputation. So please bear with me as we go through a how a hypothetical "Butterfly Effect" wholesale backorder situation might occur. Sometimes the reasons for these problems are simple, and sometimes they're more complex. I'm going to use a more complex example that touches every aspect of the Supply Chain, because a Supply Chain is something you should understand as a business owner. Then we'll talk about what to do about the problem. Let’s say you’re selling Coffee Makers. The US-based Manufacturer of the coffee makers orders different parts for those coffee makers from different specialized suppliers around the world, and assembles those parts into the finished product in the US. One day, somewhere in China, the machine that punches out the metal bands for the coffee pot handles breaks down. As with many companies in the largely unregulated manufacturing space in China, it’s a very small manufacturing company using a very old machine to punch out those metal bands. The breakdown is a crack in the pressure cylinder that drives the press, and the fix is very difficult. Parts for that machine are impossible to come by, because this small Chinese company bought the 50 year old machine at a cheap price from a Russian surplus equipment dealer and there aren’t any replacement parts to be had. The Chinese company can’t manufacture the metal bands until they repair or replace the machine. They can’t replace it because there aren't any cheap surplus presses to be had, and a newer machine is too expensive for this small manufacturing operation to buy. The small Chinese company is down for 3 weeks while they remove the old cylinder and have a replacement specially made for it by an equipment fabricator in Thailand. This one breakdown and repair delay sends a ripple effect across the entire Supply Chain for your coffee makers. The small Chinese company is operating on a (very common) 3 month lead time. That means that the metal bands they make today, for example, don’t arrive on a ship and get offloaded to a US Customs Port for about 3 months. Because they have that lead time, the Chinese company decides not to notify the US-based manufacturer that they have a problem. They’re afraid of losing their contract, so they keep the delay a secret for as long as they can while they scramble to fix the problem and hope to catch up to their quota in time. The US-based manufacturer happily goes along assembling coffee makers with the parts they have from the delivery of thousands of metal bands that just came in on the last shipment, unaware that one critical part is about to be delayed. Because the Chinese company didn’t tell the US company that there would be a delay, the US company doesn’t go out and look for a replacement supplier for the metal band. The Chinese company gets their machine back up and running 3 weeks later and works overtime trying to make up for the time they were down, but it’s impossible to catch up. The next order they send to the US company is going to be significantly short. Months later, the next shipment of metal bands arrives at the US company’s facility, and it’s far fewer metal bands than it should be. The US company finds out what happened, and is forced to reduce the number of coffee makers they assemble and ship to their wholesale suppliers around the country until they can get their next full shipment of metal bands for the coffeepots. The US company doesn’t want their wholesalers to go looking for other brands of coffee makers to sell, so they decide to delay telling their wholesalers about the upcoming shortage as long as possible until they can come up with a retention strategy that won’t cost them any ill will with their wholesalers. It takes them about a month to burn through their on-hand factory inventory, and then they start to casually notify their wholesalers that future shipments will be short for about 3 months or so. Your wholesaler of the coffee makers you sell only has a fairly small quantity of the coffee makers in stock because they’re trying to manage their cash flow as carefully as possible. They don’t bother to make a general announcement that the coffee makers will be in short supply for a while, because they don’t want to lose retailers. They decide to deal with their retailers on a case-by-case basis, offering discounts on other products in order to retain their retailers while they wait for their supply of that coffee maker to be fully available again. Seven months after the initial equipment breakdown at the Chinese manufacturer of metal bands, you sell a coffee maker to one of your customers on your web site. You place the order with your wholesaler, only then to find out that the coffee maker is out of stock. This is an example of poor Supply Chain management, specifically with regard to the transmission of information throughout the Supply Chain. However, it happens. Now you have a customer that you can’t fill an order for, so you get mad at the wholesaler for not telling you their stock was running out. You’d be right; the wholesaler could have notified its retailers of the problem. However, the delay itself isn’t the wholesaler’s fault; the fault lies with that cracked pressure cylinder in China, and a couple of poor management decisions by other companies in the Supply Chain as well. The Chinese manufacturer could have told the US company that there would be a delay, and the US company might have found a substitution for the metal bands. But, the Chinese company was afraid of losing that large contract if the temporary replacement supplier did a better job than they could. The US company could have warned their wholesalers that the delay was coming, but they didn’t want their wholesalers shopping for other coffee maker brands from other companies in the short term or causing a drop in sales by making any announcements. The wholesaler could have warned their retailers that stock would be low to non-existent for a while, but they didn't want to look bad to their retailers, and decided to ride it out on a case-by-case basis. They also could have looked for other brands of coffee makers to carry, but for a wholesaler that can be a months-long process that gets very costly. These are the kinds of things you need to understand and be prepared for. When you’re in business, one of your primary jobs is to put out fires. They’ll spring up in the strangest places for reasons that are often a complete mystery, but the business owner who reacts well to situations like this is a business owner who succeeds in business. Simply remember that every problem is an opportunity. That’s an old saying, but it’s an old saying for a reason; it’s true, and has stood the test of time. In the situation describe above, for example; what do you do to turn that problem into an opportunity? Let’s take it step by step: 1. As soon as you find out that product is out of stock, mark it "out of stock" on your website. Don't remove the page, because you don't want to lose whatever search engine ranking authority the page has already built up. 2. See if you can buy that same product from another web site; perhaps a big-box store that still has some in their inventory. If you can, buy it and have it shipped to your customer. Make sure you let your customer know what you did for them. The trust and goodwill that comes from that simple act far outweighs the few dollars you have to spend to buy the product elsewhere and send it to your customer. 3. If you can’t get the product anywhere else, contact your customer immediately. Let them know the product is out of stock. Offer them a choice; a similar replacement product at a discount, or an immediate refund. Your immediate and effective response to your customer turns a negative into a positive every time. People will trust and respect a business that takes care of them as a customer. It’s very important to understand that Supply Chains are complex and can be volatile, but the better you understand how they work and how to deal with the problems that arise, the more efficient and successful your business will be. Put my 25 years of ECommerce experience to work for YOU. Check out my FREE EBiz Insider Video Series at ChrisMalta.com. Thanks for listening, and I'll catch ya next time!

Back orders!  You spend all this time, put you credibility on the line, and your company doesn't ship the order.  Here's how to handle this recurring, and difficult, situation.

Back orders!  You spend all this time, put you credibility on the line, and your company doesn't ship the order.  Here's how to handle this recurring, and difficult, situation.

Are you interested in knowing all the inner workings and insider tips for navigating auctions at Go Daddy? Paul Nicks, the director of Go Daddy Aftermarket, answers questions about Go Daddy Auctions, including how the company sells more than 36,000 domain names per month and how domain name investors can take advantage of its massive customer roster.