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Retail: Page 432

Government, Retail, Logistics to Boost Huge Growth in RFID Market Through 2017

The market for RFID transponders, readers, software and services will generate $70.5bn from 2012 to the end of 2017. The market was boosted by a growth of $900m in 2011 and the market is expected to grow 20 percent year over year per annum. Government, retail, and transportation and logistics have been identified as the most valuable sectors, accounting for 60 percent of accumulated revenue over the next five years.

RILA Praises Entry into Force of U.S.-Colombia Trade Agreement

Following the announcement by President Barack Obama and U.S. Trade Representative Ron Kirk that the U.S.-Colombia Trade Promotion Agreement will enter into force May 15, the Retail Industry Leaders Association (RILA) said the benefits of the pact will be huge.

Customer Analytics Help Netflix to Know What Your Tastes Are

Netflix executives John Ciancutti and Todd Yellin are trying to create a video-recommendation system that knows you better than an old friend. It's a critical mission as Netflix faces pressure from its internet video rivals and subscribers still smarting from recent price hikes.

Does Best Buy's Recent Experience Suggest the Future of Big-Box Retail Is a Wasteland?

Best Buy's decline reflects a cultural shift that's reshaping the retail world. All big-box stores, and Best Buy in particular, thrived in an era when comparison shopping meant physically going from store to store.

Is There a Payoff from Having Diversity in Top Management?

There are many reasons companies with more diverse executive teams should outperform their peers: fielding a team of top executives with varied cultural backgrounds and life experiences can broaden a company's strategic perspective, for example.

Retail Container Traffic to Increase 3.2 Percent in April

Import cargo volume at the nation's major retail container ports is expected to increase 3.2 percent in April compared with the same month last year, and year-over-year gains should continue through the end of summer, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

Visibility and Agility in the Supply Chain

It's imperative today to build a pathway to agility in your enterprise, but how do you accomplish that? You can't be agile if you don't have control, says Dave Brooks, senior director, strategic business solutions, Software AG. And control comes with end-to-end visibility, not only in your company but in all levels of operations at each of your partners.

There Are Several Ways to Liquidate Your Slow-Moving Inventory

Slow-moving merchandise is one of the many nightmares an online retailer has to consider - and a problem that needs to be addressed. Non-moving inventory stresses both retailers' operations and budgets because it ties up both precious warehouse space and capital that can be used for other products or business expansion.

Why Automate Order Fulfillment in the Warehouse

Order picking is indisputably the most labor intensive job in the warehouse, says Brian Keiger, global IT sales leader-logistics, KUKA Systems. But with SKU proliferation and the retirement of baby boomers, there will be more and more automation.

The Three Pillars of Risk Management Can Protect Your Supply Chain

Managing supply chain risk requires the ability to effectively and continuously apply three pillars of risk mitigation. Similar to the three legs of a stool, these are of equal importance, and when combined create the foundation for a comprehensive risk-management strategy.

Here's Why Most Linear Barcode Coupons on Smartphones Just Don't Work

There has been enough hype about mobile shopping in general and mobile coupons in particular that you could easily be forgiven if you thought coupons and loyalty cards on mobile phones were a done deal, already available and in use today. The elephant in the room is that the bright clean crisp barcode image you see displayed on your smartphone's screen cannot be read by the majority of barcode scanners used in retail today.

Plan, Source, Make & Deliver Using the Theory of Constraints

Misalignments in the many linkages of the supply chain lead to variability in delivery performance or in demand, says Dale Houle, chief technology officer at AGI-Goldratt Institute. The theory of constraints can help nullify the effects of that variability.

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