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Think Tank
Retail: Page 420
Retailer Dresses Up Its Process for Buying Ocean Transportation
Low-cost apparel retailer Primark wasn't content with just a tool for capturing ocean transportation bids. It needed a reliable way to commit weekly business to select carriers so they would be available when it needed them prior to the peak holiday shopping season.
Daymon Worldwide Launches New Global Logistics Unit
Daymon Worldwide, a provider of brand-building and sourcing services for retail, has formed a new unit dedicated to transportation management and logistics support for retailers and suppliers.
Integrated Demand Planning in the Middle Eastern Retail Market
Rizwan Asim, head of procurement and supply chain with SSC Al-Suwaidi Holding Co., discusses how integrated demand planning is helping Middle Eastern retailers to cope with a market boom.
U.K. Grocer Turns Warehouse Management Dashboard Into Video Game?
Flashy customer-facing technology is fine, but it's nice to see a retailer giving employees something shiny to look at, too. U.K. online grocer Ocado is now using what looks like a 3D animated video game to give managers a better view of highly automated warehouse operations.
Improving Returns Is Biggest Opportunity for Retailers to Increase E-Shopping Satisfaction
While 86 percent of consumers are satisfied with the overall experience of shopping online, e-tailers still have significant opportunity to improve customer satisfaction and their competitive position by making the process of returning or exchanging items easier, a new comScore study shows.
Commercial Vehicle Net Orders Soft Again in May
North America medium and heavy duty GVW Classes 5 and 6-7 commercial vehicle preliminary net orders for May were down from April as reported by ACT Research Co. Class 8 numbers, while still soft, were up from actual numbers in April.
High-Tech, Electronics Industries Begin to Find that Reverse Logistics Programs Can Save Money
In the high-tech and electronics industry, cutting costs is often difficult and nearly impossible to do without impacting product quality, time to market, or customer service. Unwilling to compromise on such critical business factors, many electronics companies are turning to less conventional means to drive cost savings and as a result, are often finding ways to not only reduce costs but also improve operations and overall business practices. Reverse logistics is one such area.
U.S. Manufacturing is Gaining Ground, But the Rate Varies from Region to Region
U.S. manufacturing has been one of the few bright spots of the recovery, restoring 489,000 jobs since the beginning of 2010. However, there are some significant geographic distinctions in that recovery, says a recent report.
Online Retail Will Be Main Driver in Developing Distribution Space in Europe, Report Finds
The major expansion of internet retailing is expected to be the biggest driver of activity in the European logistics market - and the need for distribution space - in the coming three years, according to a survey conducted by global real estate advisor CBRE.
Ocean Transportation Rates May Drop in Fourth Quarter, DHL Exec Says
Lines could see the freight rate gains of this year on major trades wiped out in the fourth quarter when more vessels enter the market and volumes contract post-peak season, according to a third-partly logistics executive.
The Changing Role of the Business Forecaster
There are two major challenges that companies face today in forecasting, says Bob Leonard, vice president of sales with Forecast Pro. One is the push to drive down to more detail, including smaller time buckets. The other is the need to treat forecasting as an analytical task, instead of just clerical work.
New Life for Warehouse VMI
The demand for vendor-managed inventory programs in warehouses behaves "as a pendulum swinging back and forth between supplier and retailer," says John Mayer, vice president of sales with Park City Group. Over the last six to 12 months, he says, it has swung back in the direction of favoring VMI. Mayer has seen particular interest in the technique in the grocery industry.
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