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Consumer Packaged Goods: Page 202

West Coast Port Issues Continue, But Most Holiday Imports Have Come Ashore

With most holiday merchandise safely in the country despite significant congestion impacting West Coast ports, import cargo volume at the nation's major retail container ports is expected to continue to slow down this month, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

Consumers Demand More from Retailers as Technology Makes More Possible

Eighty-six percent of respondents agree that omnichannel has meant that customer and consumer expectations of the organization have increased, according to a recent SAP survey. So, as consumers increasingly use new technologies and channels to guide their purchase decisions, consumer products companies have adapted omnichannel strategies to reach these customers directly, in addition to working through the retailer as in years past.

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Downward Pressure on Oil Said to Be Likely to Continue

Following OPEC's decision at the end of November to maintain production at its current level, the Brent spot price of oil closed at $70.02 per barrel, down 39 percent from its closing price of $115.19 on June 19, 2014. Similarly, the WTI spot price fell by 39 percent over the same period, closing at $66.15 at the end of November. What's next? Will the price of oil continue to fall, and if so, how far? Will the price of oil level out? Or will it rebound?

There's More Talk About IoT's Benefit to Supply Chains Than Actually Being Realized

Innovations such as robotics and automation have paved the way for more efficient, productive and intelligent industrial operations. And with these technological advancements comes the increasingly pervasive Internet of Things (IoT), which delivers increased data and sharing communication that Microsoft estimates could lead to $90bn in added value for manufacturers annually.

West Coast Port Congestion: A Lesson in Risk Management

Argue all you want about the reasons behind gridlock at U.S. West Coast ports, but one conclusion is inescapable: it proves the need for effective supply-chain risk management.

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Will 3D Printing Radically Transform Manufacturing? Yes. Or Maybe Not. Well, Possibly.

3D printing has captured the imagination of the media and the financial markets; prognosticators are predicting a fundamental disruption in the manufacturing paradigm, from mass production to mass customization. Are we finally achieving the "lot size of one" that Taiichi Ohno envisioned when creating the Toyota Production System? Will factories disappear as the "maker movement" drives demand toward custom-designed items created on 3D printers in the home? How will these changes affect the industrial supply chains?

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Process Bottlenecks Hinder Opportunities for Early Payment Discounts, Study Finds

Nearly 80 percent of international businesses are unable to take advantage of early payment discounts from their suppliers, mostly due to internal payment process bottlenecks, according to global research report by Basware and MasterCard.

Brick and Mortar Fights Back! The Push for Same-Day Delivery From Stores

Traditional retailers aren't taking the challenge from pure e-tailers lying down. They can deliver on same-day orders, too.

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Private Industry Turnaround Specialist Tries to Lead the Military PX Back to Financial Health

The Army and Air Force Exchange Service - widely known as the PX or the Exchange - is designed to provide everything a soldier might need or want, tax-free and often at a deep discount: uniforms, tactical gear, recreational sports equipment, vitamin supplements, electronics, furniture, booze, lawn ornaments. It serves 12.8 million customers in 50 states and more than 30 countries. In fiscal 2013 the PX had revenue of $8.3bn and a profit of $332m. About a third of that was reinvested in operations, and the rest - $208m - was plowed into the Pentagon's morale, welfare and recreation programs to provide services like playing fields and on-base Boy Scout troops.

Online Retail Sales Predicted to Hit $512Bn by 2020

Online sales are predicted to be about $300bn this year, rise to $335bn next year and be worth $512bn by 2020, according to research from FTI Consulting Inc.

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Kodak Revamps Its Digital-Camera Supply Chain

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Platform Allows Retailers to Sell on Social Media Sites, Blogs

Shoppost, a platform for social commerce, is now available for retailers selling on the Amazon Webstore. Created by Zantler, Shoppost allows retailers to sell their products in-stream on Facebook, Twitter, Pinterest and blogs in a post that looks like an e-commerce storefront and will connect customers directly to the checkout process.

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