by Edward Routh The pandemic caused widespread disruption across the global supply chain. The decades-old practice of “just-in-time” inventory, which emphasized supply chain efficiency above all…
Browsing: management
by Learie Hercules Logistics are becoming increasingly driven by technology. Among the most significant trends are automation powered by artificial intelligence and the Internet of Things…
Whether you are releasing a new product or launching into an entirely new retailer, the period leading up to the launch — and the first few…
by Eric Linxwiler Too many retailers are struggling to document the complete makeup of their finished products. A 2021 McKinsey survey found that about half of…
by Yana Persky A recent Global Benchmark report revealed that retail distributors experience an annual revenue loss in the range of seven percent to 28 percent…
Providing worker flexibility decreased Neiman Marcus’ turnover by 20 percent — proving schedule flexibility is a driver of success in the retail space. Furthermore, research has…
by Mark Hook When a small-to-medium sized merchant experiences rapid growth, its profit margins might go up, but its back office operations often go into meltdown.…
Technology plays a huge role in successfully running a business. Especially in today’s world where customer data is essential in order to personalize the shopping experience,…
by Mark Hook From ports clogged with containers and raw materials running low, to factories shutting down and truck drivers being in short supply, retailers have…
by Melissa Stivale As consumers become increasingly more confident shopping in-store again, it is vital for retailers to reexamine how to display merchandise in a way…