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Think Tank
Retail: Page 272
Four Technology-Driven Trends Could Upend Automotive Supply Chain
Today's economies are dramatically changing, triggered by development in emerging markets, the accelerated rise of new technologies, sustainability policies, and changing consumer preferences around ownership. Digitization, increasing automation, and new business models have revolutionized other industries, and automotive will be no exception. These forces are giving rise to four disruptive technology-driven trends in the automotive sector: diverse mobility, autonomous driving, electrification, and connectivity.
Kroger's Weekly Circular Goes Digital
Digital disruption is affecting retailers of all stripes, but the grocery sector has been slow to adopt new technological tools. But that doesn't mean the nation's largest grocery chain isn't innovating around the digital path to purchase.
From Inventory Tracking to Surveillance, RFID Aids Clothing Retailer's Operations
Denimwall Inc. has launched a radio frequency identification solution at the G-Star RAW clothing store that it owns and operates in New York City's Union Square, to do everything from tracking inventory, managing sales transactions and providing electronic article surveillance to letting shoppers view product information on a touchscreen.
Spotlight Placed on How RFID Technology Benefits Retail Industry
Next time you're at the mall, take a closer look at the paper price tag dangling from the clothes you take into the dressing room. If you hold the tag up to a light, you might see a dark, salt-grain-sized speck in it. Or, if you run your thumb over the tag, you might feel an almost imperceptible bump.
Most Shoppers Put a Premium on In-Store Mobile Technology, Poll Finds
Sixty-six percent of shoppers are more likely to purchase at retailers that offer in-store mobile technology, an increase of 52 percent year over year, according to a SOTI poll of consumers. As many as 73 percent of respondents view the availability of in-store mobile technology as a signal of better customer service and loyalty, up 26 percent from the previous year.
Retailers Could Benefit From Information-as-a-Service
Since retailers - even major ones - tend not to spend money on research and development, many need guidance to keep up with the changes technology is bringing to the industry. What they need is Innovation as a Service.
Hermes Teams With DPD, GLS in New Joint Venture
Hermes, operator of a business-to-consumer parcel shop network in Europe, has partnered with Dynamic Parcel Distribution (DPD) and General Logistics Systems (GLS) to form a new joint venture, ParcelLock GmbH.
What Transportation Sourcing Professionals Need to Do
These days, sourcing has become a common discipline in supply chain and transportation management. There is an organizational expectation that transportation modes will be sourced and cost will be taken out of the network with some regularity. However, meeting these expectations while maintaining service year-over-year has become more challenging.
Omnichannel Credited in Part for Successful Holiday Sales at J.C. Penney
Less than 12 hours after Macy's shared bleak holiday results, J.C. Penney Co. said enhanced digital capabilities and strong demand for its private-label offerings helped it to produce strong holiday season same-store sales growth, which allowed the company to reaffirm its full-year profit forecast.
Bringing Your Continuous Improvement Program to Life
You have an earache and decide it's time to see the doctor. You call the office, sit on hold with a receptionist, and finally schedule an appointment – but not until five days later. As if waiting around for your appointment doesn't waste enough of your time, it's only the beginning of a tedious process – driving 20 minutes to the doctor's office, sitting in a crowded waiting room and filling out paperwork.
Many Retailers Don't Perceive Customer Expectations, Lack Technology to Assess Consumer Data
Customer and retailer perceptions and expectations are not aligned, and many retail stores lack the essential technology to measure and apply shopper data across all channels, says a study released by RetailNext, a provider of retail industry analytics technology.
Government Urged to Do More to Protect Consumers' Privacy
Federal regulators served notice last week: They're watching how businesses use - and possibly abuse - consumers' personal information. And that's great. It's about time more official attention was paid to ways that companies invade our privacy. But federal authorities can do more, much more, to level the playing field.
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