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Think Tank
Consumer Packaged Goods: Page 172
Retailers' Buy-Online, Pickup-in-Store Initiatives to Get Serious Test This Holiday Shopping
Retailers with strong omnichannel initiatives stand to capture market share as consumers take advantage of in-store pickup and inventory look-up.
CPG Supply Chain Leaders Focus on Transportation, Network Redesign, Report Says
The most pressing concerns for consumer packaged goods companies today are transportation and network redesign - priorities that just two years ago barely registered on their radar, according to a report by The Boston Consulting Group and the Grocery Manufacturers Association.
Risks Can Multiply When Execs Hack IT Security Budgets
With cyber risks looming ever larger, CFOs must avoid "starving" information technology security budgets, the author of a recently released survey concerning cybersecurity and corporate governance warns.
Chinese E-commerce Company Continues Its Expansion Drive in U.S., Europe
Alibaba Group Holding Ltd. will open offices in three European countries and expand further in the U.S. as it seeks to revive growth and reassure jittery investors.
MIT Pilots Online Credential Toward Master's in Supply Chain
The Massachusetts Institute of Technology is offering an online MicroMaster's credential, providing a new path to gaining an MIT master's degree.
Newgistics to Handle U.S. Deliveries for Alibaba
Newgistics Inc., a provider of logistics services and technology for retailers and brands, will provide delivery in the U.S. for products purchased through AliExpress, the e-commerce unit of Alibaba that connects Chinese businesses with international buyers.
16 Percent Increase in Online Sales Expected to Boost Retail Growth in November, December
RetailNext has predicted a positive U.S. retail performance for the months of November through December. Over the holidays, sales are expected to rise 2.8 percent, driven in large part by an exceptional 16.2 percent increase in digital sales.
Orbis Debuts Plastic, Reusable Corrugated Box for Automated Lines
Orbis Corp., a manufacturer of sustainable reusable packaging, has introduced what it says is the first plastic, reusable corrugated box to work seamlessly with automated packaging lines.
Sixty Percent of U.S. Shoppers Used Online Retail Accounts in Past Year, Survey Says
Sixty percent of Americans created or used an online account with a retailer in the last 12 months, which suggests convenience ranks top-of-mind for U.S. shoppers, according to Worldpay, a global payments company. In fact, 47 percent said they create online accounts because it is quicker and easier to shop.
Universal Creates Cost Savings through Reverse Logistics
Challenge: A major engine manufacturer was spending too much money on contingent packing costs because their suppliers weren't keeping track of the containers in their inventory loop. When this customer would run out of the supplier's containers, they had to use alternatives like corrugated cardboard in order to ship the product.
Distributor Achieves 50 Inventory Turns with Anseris Consulting
Challenge: A large Midwest C-store distributor was tasked with utilizing an outdated system to manage their inventory and short shelf products resulting in low user productivity and less than desirable customer service levels. With over 60% of the inventory investment in short shelf life products, the management of obsolete product was ever increasing as the business grew.
Shopify, Uber Team to Offer Same-day Delivery
Shopify Inc., a cloud-based, multichannel commerce platform, has partnered with Uber to offer UberRUSH delivery services to Shopify merchants. Merchants enrolled in the program can offer their local customers same-day delivery. The UberRUSH program will begin with a select number of Shopify merchants located in New York City, Chicago and San Francisco and will be rolled out to additional cities over time.
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