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Think Tank
Retail: Page 394
Without an Agile Supply Chain, Being First to Market May Not Guarantee Success
The first to arrive in a market is often the one who ends up owning the dominating market share. But simply recognizing a trend is too little, too late. There will already be a line of other manufacturers who have the new customized product, flexible supply chain and tailored pricing structure in place.
GT Nexus to Merge With TradeCard, Form Single Cloud Tech Platform
GT Nexus Inc. and TradeCard Inc. have announced a merger agreement that will create a single cloud-technology platform for global trade and supply-chain management.
Restaurants to Back Off on Menu Price Hikes, Increase Group Purchasing
Chain restaurants, battered by value-hungry customers and rising commodity prices, are showing little appetite for significant menu price increases, according to a new survey of industry executives conducted by SpenDifference, a supply chain co-op that helps restaurants save money.
Could 2013 Be the Year That E-Tailers Really Start Benefiting from Mobile Commerce?
This will be the year that retailers take mobile seriously in all its forms and in all areas of the company. Of course, e-tailers have been highly aware of the need to employ mobile as another channel for the customer, but brick-and-mortar retailers are opening their eyes to the possibilities as well.
Stepping Into Costly, Excess Inventory Problems
When chains listen to their customers and create localized store inventory, and then they listen more and accept online returns to any store the shopper chooses, they run into inventory train wrecks.
Retailers, Others Urge Sides to Avoid Port Strike on East, Gulf Coasts
A diverse coalition of more than 120 local, state and national stakeholders, ranging from farmers and manufacturers to retailers and wholesalers sent a letter to the International Longshoremen's Association (ILA) and United States Maritime Alliance Ltd. (USMX) urging both sides to remain at the negotiating table until they "reach a new long-term contract."
Got Cash? Why Not Spend Some on Your Suppliers?
As if corporations didn't have enough money sitting idle in their accounts today - now we learn that they've been borrowing aggressively, spurred on by record-low interest rates.
American Express Survey Finds Optimism as We Move Into 2013
The latest American Express Spending and Saving Tracker reported that 39 percent of Americans are optimistic going into the new year, compared to 35 percent who said so going into 2012. Ten percent report they are "unconcerned" going into 2013, compared to 6 percent who said they were "unconcerned" a year ago.
Aldata Develops App to Manage Fulfillment for Online Grocery Orders
Aldata has made available G.O.L.D. Drive, a new tool which supports order fulfillment for shoppers ordering groceries online and collecting them directly from drive-through depots without entering a store.
Ordoro, Bigcommerce Partner to Offer Drop-Shipping to eTailers
Ordoro has teamed up with Bigcommerce to provide online retailers with the ability to drop-ship orders to customers. Ordoro is an electronic-commerce application which helps merchants to streamline their back-office operations.
RFID Technology Enables Bars to keep Better Tabs on Booze
Several Miami-based restaurants and bars are employing a radio frequency identification solution that identifies and weighs liquor bottles, and then transmits that information to a server where it can be linked to point-of-sale (POS) data. In this way, management can know how much of each type of liquor is being poured, how customers are then being charged at the register, and when any discrepancies might occur, such as an over- or under-pour, a missing bottle or unbilled pours.
Cloud-Based ERP May Never Be Suitable for All Types of Manufacturing
A year-end roundup piece on developments in enterprise software in 2012 finds "clarity" is beginning to come the cloud-based ERP software market.
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