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Think Tank
Retail: Page 403
Robots Come to the Family Dairy Farm - and Milk the Cows
After Steve and Lori Dockendorf's two oldest children left their dairy farm to go to college, the husband-and-wife owners of a 100-cow farm in Watkins, Minn., had to figure out how to replace the labor they'd lost. The traditional solution would have been to hire a couple of extra hands. Instead, the Dockendorfs went with robots: robots to help feed the cows, robots to help clean the barn, even robots that can milk the cows.
Risk Management: Making the Right Choices
E-Commerce to Power Record 'Green Monday' Shipments, According to FedEx Projections
FedEx expects to have its busiest day in history on Monday, Dec. 10, when it moves a projected 19 million shipments through its global ground, express and freight networks. The 10-percent, year-over-year increase will once again be driven by e-commerce feeding the FedEx Ground and FedEx SmartPost networks.
The 'New' Internet Demands That Every Business 'Go Digital'
Every business needs to "go digital." Data about customers, competitors, suppliers and employees are exploding. Ninety percent of all data were created in the past two years. By 2016, there will be 3 billion internet users globally, and the internet economy will reach $4.2tr in the G-20 nations. No company or country can afford to ignore this phenomenon.
Report Pictures Ideal Merged Channels - And How Often the Reality is Completely Different
Merging of channels is a hot topic, catapulted by the suddenness of mobile popularity. But beyond the buzz, companies need to provide the right mix of services, messages and pricing. So often that isn't the case.
Retailers, Grocers, Restaurants 'Miss Major Opportunities' to Cut Costs and Improve the Bottom Line
Is ignorance bliss when it comes to sourcing? A recent poll of buyers in the retail, grocery and restaurant chain industries found that 75 percent of those not using e-sourcing methods are confident that they're getting the best value from their suppliers. But they're wrong, according to a report from Intesource. A suppliers' true rock-bottom price is almost always far lower than a buyer suspects. And it's even more likely another qualified source may be hungrier for new business. Buyers just need to know how to shift the tables.
Food Manufacturers Reduce Sugar, Salt Content, But Fight Back on Sugary Drink Ban
The food and beverage industry has made some major moves in recent days in the struggle over super-sweet products. Major cereal-makers Nestle and General Mills pledged to cut sugar and salt content in children's breakfast cereals abroad, while soda and restaurant trade groups sued to stop a New York City ban on sales of large sugary drinks.
Fresh-Food Retail-Wholesale Platform Links with Provider of Traceability Solutions
FoodLink, a buying platform that connects fresh food retailers and wholesalers to a network of more than 2,000 supplier companies, will acquire TRUETRAC, a provider of mobile traceability solutions to growers, harvesters, packers and shippers of fresh-packed produce. The combined company will be the food industry's first integrated network for produce traceability that links crop planning, harvesting, packing, order management, shipping, receiving and individual item tracking from the field to the supermarket checkout line.
Retail, Consumer Execs Feel Their Security Measures Are Effective Despite Constrained Budgets
Despite tight budgets preventing retail and consumer (R+C) executives from updating security programs and causing them to fall behind, many remain confident in their business practices, according to findings from PwC's new report, "R+C Insights: Changing the Game." The report surveyed more than 1,100 senior R+C industry executives and found that regardless of this lag in technological advances, adversaries are becoming ever more sophisticated, breaching the defenses of business ecosystems and leaving reputational, financial and competitive damage in their wake.
FTC Eyes Use of Appliances That Spy on Purchasers After They Leave the Store
In a case that has potentially significant consequences for NFC and RFID applications, the U.S. Federal Trade Commission is cracking down on so-called "phone home" technologies used by computer rental companies to monitor consumer behavior. When contemplating the use of any technology that provides use, location or other information about a product, retailers should be careful to ensure consumers know - or are at least able to know - exactly what the product is doing once they leave the store.
Wi-Fi Enabled Device Shipments Expected to Top 1.5 Billion in 2012
The number of Wi-Fi enabled devices shipped in 2012 is expected to surpass 1.5 billion. Growth is occurring across many markets, including mobile handsets, laptops, media tablets, printers, TVs and automotive.
Economists Association Pessimistic About U.S. Economy Improving Much in 2013
No matter who gets elected president next month, the United States economy in 2013 will have only tepid growth. Does that sound like this year all over again? Yes, indeed.
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