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Think Tank
Business Strategy Alignment: Page 432
Managing Logistics: Can One 3PL Do It All?
Nordstrom Says It's No Longer Tracking Customers Via Cellphones; Other Retailers Continue Trial
Eight months into a controversial customer-tracking mobile trial, Nordstrom has halted the effort. Although Nordstrom took a lot of criticism for the mostly misunderstood program from consumer media, it's not clear whether the project ended as a result of the criticism or the trial had simply run its course.
Top Chief Procurement Officers Enable 22-Percent Higher Profit Margins, Study Finds
At the Smarter Commerce Global Summit, IBM (NYSE: IBM) today announced a study that says companies with high-performing procurement organizations are driving better bottom line results, according to an IBM study. These organizations report profit margins of 7.12 percent as compared to just 5.83 percent for companies with low-performing procurement organizations. Also, companies with top-performing procurement organizations report profit margins 15 percent higher than the average company - and 22 percent higher margins than companies with low-performing procurement organizations.
Fashion Retailer Rolls Out RFID in More Than 50 Stores in Europe, North America
One well-known and highly respected high-end fashion retailer provides a good example of an end-to-end RFID implementation. They have more than 50 stores across Europe and North America, offering a wide assortment of high-end men's and women's fashion clothing.
Industrial Estates Key to Thailand Becoming Major Global Manufacturer
A country of only 66 million people doesn't become the 17th-largest global manufacturer without careful planning. Thailand is the second-largest producer of light pick-up trucks. Carefully constructed strategies along with tangible incentives created this robust manufacturing economy.
Shopping Mall Carts, Kiosks Have Become Islands of Big-Time Retail Sales
Typically bound by short-term leases, displaying products made by others, and run by first-time entrepreneurs with limited capital, shopping mall carts and kiosks have long been considered an unsophisticated small-business underclass. More recently, however, these small-footprint retailers have come to be seen as possessing surprising potential.
Template for Supplier Social Responsibility Drawn Up for Housewares Industry
The International Housewares Association (IHA), responding to a call from the housewares industry, has created a template for social responsibility issues.
Can Index-Linked Contracts Bring Sanity to the Liner Trades?
On October 13, 2011, the Federal Maritime Commission launched a rulemaking that proposed to allow rate levels within oceangoing service contracts to be linked to industry freight indices. Some carriers and shippers had pushed for the change in hopes of achieving greater rate stability in the notoriously uncertain liner trades.
Changes in Retail Increase Focus on Last Mile Logistics
Deceptive Ads Can Lead to Legal Trouble for California Retailers, Court Rules
California retailers may be liable for large money awards if they falsely advertise that their products are on sale.
Insights on Transportation Spend Management
Supply Chain Excellence Brings Resilience, Helps Balance Supply and Demand
For most companies, growth has slowed. Profits are sluggish. Complexity reigns and cycles are longer. The challenges and opportunities of business are greater. Supply chain excellence helps a company to better balance demand and supply. It also helps companies to be more resilient: weathering demand and supply volatility while maximizing opportunities and mitigating risks.
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