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Think Tank
Retail: Page 347
Clarity, Complex Event Processing Combine to Create High-Definition Supply Chain Solution
Analyst Insight: Visibility continues to be cited as a critical must-have to manage supply chains. Globalization and growing awareness of the risks induced by outsourcing has exacerbated the need to understand complex events. Yet most companies can only peer into the mist. Large blind sides exist across the chain. Fortunately, solutions are evolving to eliminate these blind sides, providing more clarity and the tools to manage multiparty coordination and seize upside opportunities. – Ann Grackin, CEO, ChainLink Research
Paper Planes: What's Keeping Air Cargo Carriers From Automating?
Fast and innovative: that's the image conveyed by the air cargo industry. So why is it lagging so badly when it comes to automating documentation and standardizing key procedures?
Tackling the Challenge of Big Data
Retail Not Using Big Data to Its Fullest Potential, Study Finds
While retailers are facing challenges in delivering the reporting functionality that business users need to enable data-driven decision-making, they are optimistic about Big Data's ability to provide breakthroughs in analysis capabilities across a number of retail processes, says a study by 1010data Inc. In fact, almost all surveyed executives (96 percent) agreed that Big Data initiatives are important in helping retailers stay competitive. They said Big Data insights are most beneficial for merchandising (53 percent) and marketing (48 percent), followed by store operations (42 percent), e-commerce (42 percent), supply chain (27 percent), finance (23 percent), and loss prevention (21 percent).
How Can Marketing and Supply Chain Ever Get on the Same Page?
Analyst Insight: Let's start at the very beginning. Supply chain DNA is focused on costs while providing acceptable service to customers. Marketing DNA is focused on revenues that come from the sales and services. As a result, the only shared value between marketing and supply chain people is the recognition that "stuff has to get to customers." To marketing, the term "minimize" only relates to the number of times a customer is dissatisfied, whereas to supply chain, "minimize" is the Holy Grail. – Robert Sabath, Principal Essentialist SCM, Trissential
Where Is RFID Going - and Where Is It Taking Us?
Behind the scenes the electronics industry is leaping into brave new worlds of printed electronics, electronic inks, and laser Nano and other innovations. Quite frankly we don’t think any of these innovations will mightily impact the current trajectory of RFID as we know it today. But in our life time there will be radical changes.
Vendors Strive to Make Software Collaborative, Workflow-capable, Easy to Use
Analyst Insight: Consumers now demand that their software solutions be flexible, configurable and are able to accommodate business changes without much business impact. Enterprise software vendors have been forced to shift their dated SOA and legacy-based architecture to more adaptable and configuration-friendly solutions that allow consumers to adjust to changing business practices and processes. – Dylan Persaud, Managing Director, Eval-Source
Rwanda Tops African Retail Development Index for Market Opportunity
Rwanda, Nigeria, Namibia, Tanzania and Gabon occupied the top five places of the inaugural A.T. Kearney African Retail Development Index (ARDI), a new study designed to help large, organized retailers determine where and how to best enter Sub-Saharan Africa’s rapidly growing retail market.
Will Ocean Carriers Scuttle Their Future (Again)?
It looks as though we're in for a year of continued economic recovery and job growth, however gradual. That should be good news for ocean carriers - assuming they don't undermine their own success by flooding the market with capacity, then engaging in rampant discounting to fill it.
Green Beer: Anheuser-Busch In-Bev Taps Into Sustainability
Anheuser-Busch InBev has laid out a five-year path to sustainability.
What's Next for the Omnichannel Experience?
Negotiating the Value of Flexibility
Analyst Insight: The sales and operations planning process has fairly deep roots in most companies. Research by SCM World shows that many have been able to extend the process across most internal functions. However, few companies have extended the process externally to trading partners. The incentive structure of buyers and sellers tends to set these groups at cross-purposes. Flexibility pricing can shift the incentives in a direction that forces companies to negotiate the value of flexibility. - Barry Blake, Vice President, Research, SCM World
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