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Think Tank
Retail: Page 225
Using Digital to Offset Amazon's Advantage
Analyst Insight: The retail industry might be the most impacted by digital disruptions, on top of the obvious turmoil retailers' face due to the rapid growth of e-commerce. Retailers also face all of the disruptions in the transportation industry, as retail has always been about moving merchandise from its point of origin into the hands of consumers. - Jim Tompkins, CEO, Tompkins International
Retail Supply Chains Need to Focus on Brands
Analyst Insight: Evolution is as much a part of businesses and industries as it was a part of Charles Darwin's observations in the Galapagos Islands. Retail in particular is undergoing fundamental changes that are having repercussions up and down the supply chain. How retailers approach these changes will determine the winners and losers within the retail industry. – Guy Courtin, VP, Industry and Solutions, GT Nexus
How Shippers Can Protect Themselves Against Another Carrier Bankruptcy
Should shippers and ocean carriers have seen the bankruptcy of Hanjin Shipping Co. Ltd. coming?
Tesco Sets Up Supplier Hotline to Cut Food Waste
Tesco has set up a hotline for suppliers to contact it directly about food waste. Suppliers and growers who call the line will be connected directly to the retailer's product teams so they can be alerted to waste in the supply chain.
New Study Examines Mass Adoption of IoT Technology
The average return on investment from the Internet of Things is 34 percent, with one in 10 interview respondents reporting returns greater than 60 percent, according to a new study published by Aruba, a Hewlett-Packard Enterprise company that specializes in next-generation networking solutions.
Retailers Move Forward With Returned Goods Strategies
Analyst Insight: By understanding the true costs and potential benefits from improving their reverse logistics processes, retailers are developing strategies to recover as much value as possible from their returned goods. - Matt Ennis, vice president of business development and client solutions, Yusen Logistics (Americas) Inc.
The Amazon Challenge and How Smaller E-tailers Can Compete
Going up against the behemoth that is Amazon.com, does the smaller e-commerce provider have a chance?
Oil Executives Are Confident That the Future Is Bright
Oil prices are down nearly 10 percent over the past month, leading some to wonder if we're set for a resumption of the plunge seen between 2014 and early 2016. Executives at oil companies, however, are optimistic.
E-Commerce Fraud Risk Was Up 80 Percent During Holiday Season
Fraud prevention technology provider Forter has published its 2017 Fraud Attack Index, in conjunction with the Merchant Risk Council (MRC). It detailed the rate at which e-commerce fraud attacks increased throughout traditional retail verticals and provided an in-depth look at the reasons behind the year-over-year changes.
Most Retailers Plan to Use RFID, IoT Technologies by 2021, Study Says
Zebra Technologies' "Retail Vision Study," released this week, finds that the majority of retailers surveyed globally expect to embrace radio frequency identification and other Internet of Things (IoT) technologies, as well as use analytic data from those systems by 2021, as more shoppers move to online sales.
Economic Theory: 5 Schools of Thought to Help Supply Chains Prosper
Analyst Insight: In a time of rapid political and economic change, uncertainty and tight budgets, R&D and education can often get short shrift. Perversely those are the times when the latest ideas are needed the most - especially for professionals wanting to learn and implement new techniques. – Kate Vitasek, faculty member, University of Tennessee's Haslam College of Business Administration
North Face, Timberland Set Forest Policy, Extend Responsible Sourcing
VF Corporation, whose brands include The North Face, Timberland, Wrangler and Lee, released its first-ever Forest Derived Materials Policy, which sets purchasing guidelines and commits the company and its suppliers to using sustainable forest materials and products.
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