Supply Chain

Triple Threat to Retail: Time to Close the Innovation Gap
February 9, 2018 at 1:51 pm

Traditional retailers are under tremendous pressure from online and other forces. But how bad is it? And what can retailers do to remain competitive? Formerly successful retailers like Borders, Aeropostale, RadioShack and Payless Shoes have gone bankrupt under the online onslaught. Just recently, the “category killer” Toys"R"Us filed for bankruptcy. While other retailers are keeping…

A New Model for a New Retail Supply Chain
February 2, 2018 at 11:26 am

My girlfriend recently tried to return a dress to a New York City department store. What should have been an easy process turned into a hassle for one reason: she had purchased the dress through the store’s website. We bounced back and forth on a wild goose chase from the checkout counter to the customer…

Wal-Mart to Fine Suppliers for Late Deliveries
January 31, 2018 at 1:27 pm

Wal-Mart will require suppliers to deliver more goods to warehouses exactly on time or face fines, another step in the retailer’s efforts to keep inventory low and shelves stocked as it battles with Amazon.com. More specifically, Wal-Mart executives plan to announce at an annual conference this week that large suppliers fulfill orders within a specified one- or two-day…

How Retailers Can Survive and Thrive in the Age of Amazon
January 12, 2018 at 9:10 am

Retail has become one of the most difficult industries in which to survive. Behemoths such as Amazon.com increasingly sweep weaker competitors off the map. So, how can retailers compete in the age of Amazon? Unfortunately, there's no “silver bullet” technology that can help here. The key is being able to adapt quickly and experiment with…

Best Buy's Distribution Centers Work 24/7 to Meet Holiday Rush
November 22, 2017 at 11:32 am

Best Buy has sent out special delivery trucks of nothing but TVs — hundreds of thousands of TVs — to its stores in recent days to be ready for Black Friday crowds. At the same time, its distribution centers are packed full of thousands more TVs stacked high, ready for the crush of online orders expected…

Amazon Launches Relay App to Improve Trucker Efficiency
November 20, 2017 at 11:39 am

Amazon.com has quietly launched an app designed to help delivery drivers get in and out of its warehouses faster, according to CNBC. The app, called Relay, debuted late last month and is available on Apple and Android devices. Drivers enter cargo information into the app, allowing them to check in with a QR code and…

From Cost Focus to True Value Creation: On the Road to Analytical Sourcing and Supply Chain
November 17, 2017 at 9:00 am

The 2017 Global Sourcing Reference report from Kurt Salmon, part of Accenture Strategy, highlights that retailers which shift production to alternate locations with cheaper labor costs are chasing a temporary fix to a bigger problem, as costs rise in sourcing regions globally. Instead, retailers must move away from a sourcing cost obsession and focus on reinventing their operating model to unlock trapped value in their supply chains. Technology innovation — across analytics, artificial intelligence, robotics, 3-D printing and other areas — will be the key enabler on this path forward, fostering better collaboration and visibility across the value chain while greatly improving product innovation, time to market, reliability, execution and quality.