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Think Tank
Consumer Packaged Goods: Page 125
Amazon to Move Prime Air Hub to Cincinnati
When Amazon announced last year that it was entering directly into the air logistics business with the launch of Prime Air, the airfreight world knew that it had to prepare for bold moves by a deep-pocketed company with a passion for innovation. Now, the Seattle-based online retail giant has announced the shift of its current air hub from Wilmington Airpark (ILN) in Ohio to the Cincinnati/Northern Kentucky Airport (CVG) this spring, hinting at a possibly vast expansion of Amazon's e-commerce air service.
Improving Production Planning Efficiency
Speed and accuracy are everything to a company, says Jenny Balderrama, production planner at Keysight Technologies. All too often, however, speed is associated with orders arriving rather the ability to meet them. And accurate forecasting? Forget that.
Millennials Increase Demand for Responsible, Sustainable Free Trade
Millennials are a diverse generation in the United States. The share of foreign-born members of the generation has increased from 6 to 15 percent over the previous generation, a rise of 150 percent. Combined with globalization trends, millennials in this country are more internationally connected than their parents, driving up our desire to travel and explore different cultures, and increasing our demand for foreign-made products.
Holding Supply Chains Accountable for Carbon Emissions Saves Money, CDP Reports
A sustainable supply chain will result in a lot fewer carbon emissions, reports CDP, which looked at 89 supply chain members that cut those heat-trapping emissions by 434 million tons in 2016.
PETA Helps Vegan Fashion Designers See the Path to Future Growth
As the vegan lifestyle merges into the mainstream, fashion designers who appeal to that market strive to grow their business to the next level with venture capital and an organized supply chain. At a panel hosted by PETA in Los Angeles, designers from Vaute Couture, Delikate Rayne, Nicora Shoes and Susi Studio shared their strategies for sticking to their ethos of eschewing animal-based products while tapping into conventional business practices adopted by the apparel industry.
Supply of Warehouse Space Is Catching up With Demand, Report Says
After years of a tight market for commercial warehouse space, mostly due to the booming growth in ecommerce, a rapid increase development including spec projects has been slowly closing the gap.
Platt Retail Institute Finds RFID-Based Inventory Accuracy, Sales Gains at Macy's
The use of radio frequency identification technology at Macy's stores has boosted the global retailer's rate of on-shelf display compliance and overall inventory accuracy, while also lifting customer satisfaction and enhancing omnichannel fulfillment based on in-store, single-unit accuracy, according to a report released by The Platt Retail Institute (PRI), developed in cooperation with the Northwestern Retail Analytics Council (RAC).
Gucci and YSL Group to Halve Supply Chain CO2 Emissions
Luxury goods group Kering says it will focus on halving greenhouse gas emissions through its supply chain by 2025 as part of the next phase of its sustainability strategy.
FedEx to Operate Pickup Facilities at Walgreens Stores
In a move similar to UPS and its access point location program launched two years ago, FedEx has struck a deal with Walgreens that will place staffed parcel pickup and drop-off operations at local Walgreens stores.
U.S. Department Stores Steady Profitability by Cutting Supply Chain Costs
U.S. department store chains, hit by slowing sales for more than two years, have used layoffs, store closings and cutbacks to maintain one aspect of stability: profit margins.
American Apparel's Rapid Growth Strategy May Have Contributed to Its Collapse
American Apparel opened its first stores in 2003, with locations in Echo Park, New York and Montreal. Within three years, it had mushroomed into a global chain with more than 140 locations in 11 countries. By 2009, that figure had doubled to 281 stores.
UPS Acquires U.K. Truck Brokerage Firm Freightex
UPS says it has acquired British firm Freightex to gain entry into the European truck brokerage market - coming eight months after FedEx closed its acquisition of Netherlands-based TNT Express.
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