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Think Tank
Retail: Page 396
Retailers Must Innovate - But Much Faster and More Efficiently Than the Competition
As consumer purse strings tighten and the field of rivals from multiple buying channels expands, retailers need to sharpen their competitive game or risk disappearing forever.
2012 Supply Chain Innovation Awards Innovation of the Year: Reduced Transportation Costs Through Railcar Co-Loading
As I waited to pay for my groceries the other day, a manager instructed a novice bagger on the art of separating lighter items, like the eggs, from heavier ones, such as a 12-pack of canned dog food. Like to like, the boss said; that way stuff doesn't get crushed on the ride home.
Psychological Factors in Risk Management
John J. Brown, director of supply chain risk management at Coca-Cola, discusses psychological factors that impact risk perception and how becoming more aware of these factors can help companies improve risk assessment and risk management.
CAPS Enhances Container-Tracking Software for Food Shippers
CAPS, a provider of container-management services, has developed a new version of CAPS-TRAC, its container-tracking software.
Three Industry Experts Discuss What BYOD Is Doing to Your Enterprise
More and more, companies are finding that employees not only want to bring their own internet-connected devices into the workplace, they want to do it at their own expense. While that sounds like a cost-saver for many companies, the ramifications of the bring-your-own device (BYOD) phenomenon cannot be overstated in their importance: corporate security and privacy interests rest on having appropriate BYOD policies in place.
Amazon Dominates Despite Millions of Americans Cutting Holiday Spending, Survey Finds
Twenty-seven percent of Americans say they will spend less on gifts this holiday period, but around the same number (32 percent) will direct more of their present-buying dollars to Amazon. In particular, big-spenders will drive an expected holiday boost for the giant online retailer, with 27 percent of people earning over $150,000 a year saying they will spend more on Amazon. The survey was conducted online on December 4th, 2012. Two thousand consumers in the U.S. participated in the survey.
How Are Companies Doing Business in China Today?
Five Keys to Working Successfully With Chinese Suppliers
Dropping E-Mail Support May Have Done Disservice to Best Buy Customers
Best Buy recently removed e-mail support from its web site, a move the company said was designed to improve response and to give customers the kind of interactions they seek. The problem with this change is twofold.
Wharton School Offers 3-Day Course on Retail, Shopping Center Development
The International Council of Shopping Centers (ICSC) and the Wharton School of the University of Pennsylvania, have partnered once again to bring the retail real estate industry The University of Shopping Centers, on the campus of the Wharton School, March 4-6, 2013, in Philadelphia. The program will feature three new learning tracks, including the Executive track, taught by Wharton professors.
Would Keeping Research, Manufacturing Employees Together Make U.S. Companies More Innovative?
A growing chorus of economists, engineers and business leaders are warning that the evisceration of the manufacturing work force over the last 30 years might not have scarred just Detroit and the Rust Belt. It might have dimmed the country's capacity to innovate and stunted the prospects for long-term growth.
Holiday Retail Sales Expected to Top Those of Last Year By More Than 4 Percent
Eager holiday shoppers helped drive retail sales upwards in November, helping boost sales in the first half of the holiday season. According to the National Retail Federation, the world's largest retail trade association, November retail sales (excluding automobiles, gas stations and restaurants) increased 0.8 percent seasonally adjusted from October and increased 4.4 percent unadjusted year-over-year. With this news, NRF is still expecting holiday sales to grow 4.1 percent over last holiday season.
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