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Think Tank
Retail: Page 222
Apple Suppliers Achieve 100 Percent Zero Waste to Landfill Validation
Apple suppliers for the first time achieved 100 percent UL Zero Waste to Landfill validation for all final assembly sites in China, according to the company's 2017 Supplier Responsibility progress report.
Why Costco Loves Store Sales: You Try Shipping a Tub of Mayo
Costco Wholesale Corp., which built an empire selling products in bulk, hasn't felt the need to transfer that winning strategy online.
The Weakness of an Omnichannel Retail Strategy
Analyst Insight: Omnichannel is now the cost of entry, although it cannot be the core of your strategy to survive and grow in today's e-commerce environment. This is a defensive strategy. In this digital age you face more competition chipping away at your revenue and profitability. You must take advantage of e-commerce by growing into new retail market segments, experimenting with creating new retailer brands, and making acquisitions to expand into segments where your brand is lacking. - Steve Wilson, digital supply chain analyst, Tompkins International
Worldwide Business Research Announces Retail Delivery Connect An exclusive event bringing together senior supply chain, logistics and transportation executives from the retail industry
E-Commerce vs. In-Store: Using Supply Chains to Compete
Analyst Insight: According to marketing firm eMarketer, double-digit growth is anticipated for e-commerce through 2020 from a projected $1.915tr in sales in 2016 to $4tr by 2020. Brick-and-mortar stores are investing heavily to compete with e-commerce giants such as Amazon and Alibaba, but will it be enough? Supply chains continue to play a major role as brick and mortar stores invest and transform their businesses to meet today's retail challenges. - Kim McQuilken, COO, Spend Management
In Supplier Management, Companies Need to Step Up Their Game
The ability to monitor the behavior and condition of one's suppliers depends on having access to hard numbers. But a surprisingly large percentage of companies lack this critical data.
Major Fashion Brand Makes Move Against Instant Fashion Strategy
See-now-buy...bye? And then there were four. Of the five major brands that have beat the drum for see-now-buy-now within the last 12 to 18 months, one has drastically shifted course from the strategy in the last two weeks, specifically Tom Ford.
Drug Middlemen - Unlike Other Industries - Report Slim Profit Margins
Companies of all kinds try to present their financial results in the best light possible to attract investors. One segment of the drug industry is bucking that trend, using an accounting method that narrows its profit margins.
Shoe Retailer Uses RFID to Bring Omnichannel to Physical Store
Italian footwear retailer Store of the Future (SOTF) opened its new Florence shop in September 2016, with an EPC ultrahigh-frequency (UHF) RFID-based system to bring more personalized service to customers as they try on shoes, while also enabling omnichannel sales.
Tech Firms Paid $100M to Fake Suppliers
A Lithuanian man has been arrested for tricking more than $100m out of two US technology companies by pretending to be a supplier.
How Kohl's Is Connecting the Online and In-Store Experience
Like many major retailers today, physical stores are a focus to move forward in this evolving retail climate while still maintaining an active online presence. Kohl's is one of these retailers as it strives to focus more on omnichannel.
Amazon Wants Cheerios, Oreos and Other Brands to Bypass Wal-Mart
Amazon.com Inc. has invited some of the world's biggest brands to its Seattle headquarters in an audacious bid to persuade them that it's time to start shipping products directly to online shoppers and bypass chains like Wal-Mart, Target and Costco.
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