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Think Tank
Business Strategy Alignment: Page 254
Thanksgiving Day Shopping Is Here to Stay, But With Tweaks
Thanksgiving Day shopping - a delight to some, an anathema to others - isn't going away, but some stores are rethinking their strategies on whether it makes sense to be open on the holiday itself. Many of the nation's major mall operators and the big retailers that anchor them, such as Toys R Us, J.C. Penney and Macy's, are sticking with what they want to be a new tradition, kicking off the holiday shopping season on Thanksgiving Day.
Tire Industry Works Toward Global RFID Tagging Standards
A tire-industry working group led by Chinese rubber manufacturing equipment company Mesnac is striving to standardize the way in which the industry uses radio frequency identification tags. This includes how those tags are attached in tires, as well as how they are tested and encoded with data.
E-Commerce Expert Says More Brands Should Sell on Amazon
At Gap's annual shareholder meeting this year, CEO Art Peck said, "to not be considering Amazon and others would be in my view delusional." Soon after, Lands' End announced that it would start selling some merchandise on Amazon, as the online behemoth's "credibility of being a desired fashion destination for shoppers continues to grow."
Samsung Enters Automotive Supply Chain With $8Bn Deal
An $8bn acquisition may turn Samsung into a major supplier to the automotive industry. The South Korean smartphone manufacturer has entered into a definitive agreement with Harman International Industries, a market-leading maker of connected-car components, to buy the firm for $112 per share in cash.
13th Annual Advancing S&OP to Integrated Business Planning
8-10 February 2017 Amsterdam, Netherlands
Post-Election, Can Trade Stop Being a Dirty Word?
In the political heat of this year's presidential election, the term "global trade" rarely carried positive connotations.
BGSA Supply Chain Conference to be held in Palm Beach
Americans Prefer Ethical Brands, Dominate Online Shopping, Report Says
American consumers prioritize risk-taking, adventure and living an exciting life when it comes to making purchases, according to global research by HSBC. This structural shift among U.S. consumers' purchasing habits is prompting companies to rethink existing marketing and business strategies.
Government Official Aims for Tariff-Free Automotive Supply Chains in UK
Business secretary Greg Clark has said the UK government will approach Brexit negotiations with the aim of achieving tariff-free access to EU markets for the automotive industry. This was among the assurances he gave to Nissan before the automaker announced the next Qashqai and X-Trail models would be built in Sunderland, the UK's biggest car plant, Clark said.
Top Table Support Is Key to Tackling Supply-Chain Slavery, Survey Finds
The number of senior executives actively engaging in modern slavery issues has doubled among companies leading on the issue, according to a survey of businesses by the Ethical Trading Initiative and Hult International Business School. There were twice as many CEOs and other senior executives in their sample engaging in the issue since the Modern Slavery Act came into force last October.
Scotland Councils Club Together to Grow Local Supply Chains
Three councils in the North of Scotland say they hope by combining their procurement operations, they can incentivise key suppliers to invest in local supply chains. Aberdeen City Council, Aberdeenshire Council and Highland Council will be encouraging primary suppliers to increase their local footprint and help deliver social value.
Shoppers Will Pay More for Experiences, Retailers Claim
Americans increasingly would rather spend their money making memories - travel, sporting events, concerts, meals out - than on another outfit, retail consultants say. So, after years of choosing the speed and wide selection offered by big-box retailers such as Home Depot or online merchants like Amazon.com, customers are demanding higher engagement if they're going to buy something in a store.
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