Each year, the Global Footprint Network reports on Earth Overshoot Day, which is the day that humanity uses up what scientists consider to be a sustainable level of resources for the year. That day fell on August 2 this year, and with three months left to go in 2018, we’ve emitted more carbon than nature […]
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 […]
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 […]
In retailers’ quest for increased visibility and efficiency, digitization has been a godsend. Advancements like machine learning, automation and artificial intelligence have begun to seep into multiple facets of the supply chain, from sourcing to purchase management and every step in-between. As a result, it’s getting increasingly difficult to find an area of the […]
12 brands, 15 countries and 2,000 stores. ShopRite has turned over more than $12 billion in profit since 2016 and shows no signs of slowing down. With more than 880 global suppliers and over 25,000 unique articles imported each year, the company has an extremely complex supply chain that requires constant management and communication with […]
The retailer-trading partner relationship is…complicated. While it’s necessary to have trustworthy, scalable and collaborative partners, many retailers might not have the resources needed to fully manage and optimize their partnerships — and it’s costing them. The following outlines key areas for hidden costs associated with trading partners, and solutions to manage them. Inventory […]
Warmer weather, longer days, chirping birds – it’s starting to feel like springtime! Now’s the perfect time to revamp the retail backend to ensure your supply chain processes are as efficient as possible. More than ever, retailers need to simplify the backend to bring high quality products to market faster and more effectively to survive […]
From online shopping with free overnight shipping to department stores opening on holidays, the retail industry is all about convenience. Consumers increasingly expect an all-encompassing, efficient experience from the very first thought of a product they need or want until the moment they take it out of the package. More than ever, consumers want an […]
