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Think Tank
Retail: Page 262
Logistics Industry Mystery: Shipping Boxes Go Missing
Johnson Controls Inc. had a logistics mystery on its hands: thousands of reusable shipping boxes and storage racks were disappearing every year. The auto-parts maker, which was spending a small fortune to replace the equipment, found that some were squirreled away at factories by Johnson Controls' own plant managers, others were kept by customers. One box was discovered at a Michigan gun range; another had wound up storing bait on a fishing boat in Seattle.
How Much Are You Losing Because Your E-Commerce Returns Aren't Managed Well?
The explosive growth of e-commerce sales is bringing a subsequent spike in e-commerce returns. To put it in perspective: Returns are projected to grow at a 15 percent annual rate, and 30 percent of online purchases were returned last year, according to research from commercial real estate firm CBRE.
Will We See the 'Uberization' of Logistics?
The ride-sharing service Uber is threatening to disrupt, if not dismantle, the taxi business. Will it do the same to the package-delivery sector?
RFID Helps Workers, Customers Find Fashions at Factory Outlet
Diffusione Tessile, the factory outlet division of fashion retailer Max Mara Group, is employing an RFID-based real-time location system to reduce lines at its service counter and ensure that customers can find the products they seek.
Looking to Boost Domestic Industry, Iran Bans Imports of Chevrolets
Iran has banned the import of Chevrolet cars, a week after Supreme Leader Ayatollah Ali Khamenei criticised imports of U.S. autos and asked the government to support domestic production.
As Its Top Drug Loses Patent Protection, Astra-Zeneca Revamps Supply Chain
AstraZeneca's leadership gets ready to set out on a $1.5bn cost-cutting effort, the London pharma's manufacturing operations are in the cross-hairs.
Target Pilots Use of Robots to Keep Tabs on In-Store Inventory
Target is testing robots that track inventory on its store shelves, including shampoo and laundry detergent.
As Internet of Things Proliferates, Efforts to Monetize It Grow as Well
It won't be long before smart devices are as ubiquitous as smartphones are today. Wearables and home appliances like Nest's smart thermostat have already taken off with consumers.
Nearly $26Bn in Fraudulent Online Transactions Expected by 2020, Study Finds
The value of online fraudulent transactions is expected to reach $25.6bn by 2020, up from $10.7bn last year. This means that by the end of the decade, $4 in every $1,000 of online payments will be fraudulent, according to a study from Juniper Research.
Environmental Defense Fund Praises Walmart's Promise to Limit Products With Certain Chemicals
Walmart has announced a 95 percent reduction by weight of "high priority chemicals" from certain products sold in U.S. locations, according to its latest global responsibility report.
Logility Opens Offices in Four Countries
Logility, Inc. has opened offices in Dusseldorf, Germany; Malmö, Sweden; São Paulo, Brazil, and Sydney, Australia.
Food for Thought: Millennials Especially Favor Apps for Grocery Shopping
Mobile app use for grocery shopping is growing quickly, particularly among millennials. Roughly 43 percent of shoppers in this group say they use some kind of mobile app to grocery shop, according to a recent Shopper STAT study by Progressive Grocer.
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