When President Trump entered office in 2016, retail supply chain professionals were optimistic about trade policies under the new administration. After two years, however, retailers show growing concerns after Trump imposed a series of aluminum and steel tariffs on China, and more recently, on Canada, Mexico, and the European Union. While the North American […]
We’ve said it before – retail isn’t dead or dying, it’s evolving. Yes, store closures are coming fast and we’re already on track to surpass last year’s record, but the future of U.S. retail isn’t as dire as some would have you think. Some brave retailers are actually opening more stores as others struggle to […]
With NAFTA renegotiations, Brexit and other international trade impacts at the forefront of everyone’s minds, retailers are faced with a challenge to manage the flow of goods, information and money across borders. The industry can no longer rely on manual processes to manage their trade operations; the complicated nature of international logistics and the supply […]
It’s difficult to imagine what post-Brexit life will be like for global retailers – and even more difficult to imagine how they’ll get there. With fluctuating currencies, impending trade regulations and new customs requirements, organizations are doing their best to plan for how the move will affect their supply chains. While retailers haven’t hit […]
“But real adventures, I reflected, do not happen to people who remain at home: They must be sought abroad.” Irish novelist and poet James Joyce included this thought in a collection of short stories depicting early 20th century life in the city of Dublin, and the sentiment still holds true today. In recent […]
As Bamboo’s Rose’s resident tech geek, I love seeing how technologies like machine learning and artificial intelligence (AI) are changing and enhancing the retail industry. There are so many opportunities for retailers to leverage these technologies to improve efficiencies and innovation throughout the supply chain. While we could spend hours talking through the hypothetical […]
The reality is that no company ever has total control of its risk. However, that’s not to suggest that they are completely powerless either. Defining what level of risk is acceptable to your operation and remaining within these parameters, no matter the situation, will lead to fewer interruptions and breakdowns in processes — and a […]
As consumers increasingly put their money behind companies they perceive as sustainable, every industry is being pushed towards transparency. Nielsen recently reported that 66 percent of global consumers are willing to pay more for products from companies they perceive as sustainable, companies just need to show they can meet these expectations. Unfortunately, in the race […]
