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Think Tank
Retail: Page 421
Wrestling With Demand Variability in CPG
Downstream demand signals have been available in the retail world for some time now, but it has taken a while for suppliers to take full advantage of them. Mark Kremblewski, global business expert in demand planning with Procter & Gamble, likens the situation to the mining industry, which trades in deposits of both high- and low-grade ore. The latter type is more plentiful, but it's the first that offers the biggest payback from a better use of demand data in unpredictable situations.
Growing E-Commerce Forces Transformation in Distribution Networks, Report Finds
With 92 percent of retailers selling online, 68 percent maintaining brick-and-mortar stores, and 64 percent utilizing catalogs, retailers are embracing a multichannel approach to meet buyer expectations and battle for market share, according to Jones Lang LaSalle's latest report, Retail 3.0: the evolution of multi-channel retail distribution.
RFID Enables 'Music Gigs' Inside Fitting Rooms at Fashion Retailer's Store
Customers trying on clothing at Australian fashion retailer Cotton On can listen to music specifically chosen to suit the style of a particular garment, following the introduction of radio frequency identification technology at one of its Queensland stores.
Cloud-Based Contracts Deliver Cost-Efficiency, Ease to Supply Chain Pros
The term "logistics" can sometimes take on a negative connotation. When people want to imply complexity and hassle, they often say, "There are a lot of logistics to work out." However, for the logistics industry itself, better business processes can transform the experience of managing goods and services as they move from supplier to recipient domestically and internationally. Technology and the advent of the cloud facilitate easier, less costly operations for logistics companies.
SAP Develops New Mobile Apps for Business Users, Consumers
SAP AG has introduced a series of mobile applications for business users and consumers. The new tools provide real-time access to human resources, finance, sales and mobile commerce functions.
Terra Technology Unveils App for Long-Term Demand Sensing
Terra Technology has added to its Demand Sensing product suite with the introduction of a Long-Term Demand Sensing (LDS) application.
Pick the Perfect Plan. Then Add People
How we love our information systems, our management theories, our best-laid plans. And how often they fail us. It reminds me of what the playwright and novelist Samuel Beckett once said about his work. "Each time one thinks one starts fresh, new," he mused. "Yet each time one reaches the same impasse. There are many ways to begin, many roads to it, but always the same impasse at the end."
The Critical Impact of Trade Promotions on Your Supply Chain
Costco Finally Realizes It Needs to Get in the E-Commerce Game
It's a curiosity of how the internet works that a shopper using a search engine to find a flat-screen TV probably will not turn up Costco Wholesale, a major television vendor and the country's largest retailer after Walmart.
Execs Know Importance of Social Media, But Not How to Tap Its Power and Potential
Executives certainly know what social media is. After all, if Facebook users constituted a country, it would be the world's third-largest, behind China and India. Executives can even claim to know what makes social media so potent: its ability to amplify word-of-mouth effects. Yet the vast majority of executives have no idea how to harness social media's power.
Arena Solutions Teams With Octopart to Aid in Supply Visibility
Arena Solutions, a vendor of cloud-based product lifecycle-management (PLM) software for managing bills of materials (BOMs), has forged a partnership with Octopart, a search engine for electronic parts.
Excessive Water Use 'Threatening Business' in Major Economies
Unsustainable water use is threatening agriculture, other business and populations in China, India and the U.S., according to a study by risk analysis company Maplecroft.
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