Big business could be saving millions of dollars per year - a full margin point or more - on their indirect spend: areas like IT, logistics, marketing, and energy that may not be a part of a business's core product, but have a big impact on the bottom line.
Tudespensa.com (Your Pantry), a Spanish online supermarket, delivers food, household cleaning supplies, toiletries and other products to customers throughout Spain, from its central warehouse located in Madrid. To ensure that the high volume of goods are delivered quickly, and at the scheduled time and place, its warehouse employs radio frequency identification to help it load ordered goods into the proper delivery vehicle and in the correct sequence, according to Jose Vicente Caballero, the logistics manager of DLR, a provider of controlled temperature-storage and order-picking services.
Robert Byrne, CEO of Terra Technology, discusses highlights of Terra's 2012 benchmarking study on forecasting, which is based on raw data collected from the major CPG companies that are Terra's customers. Byrne explains why forecast accuracy is moving in the wrong direction and what companies can do to correct this trend.
A survey by ShopRunner, which brings together a network of retailers to deliver shopping services, found that consumers are not concerned solely about free shipping on purchases, but free return shipping is increasingly at the forefront of their needs.
Global logistics and transportation operations are staggeringly complicated at a giant like Pfizer. The company and its many partners needed access to everybody's information in real time.
Global logistics and transportation operations are staggeringly complicated at a giant like Pfizer. The company and its many partners needed access to everybody's information in real time.
As I waited to pay for my groceries the other day, a manager instructed a novice bagger on the art of separating lighter items, like the eggs, from heavier ones, such as a 12-pack of canned dog food. Like to like, the boss said; that way stuff doesn't get crushed on the ride home.
Best Buy recently removed e-mail support from its web site, a move the company said was designed to improve response and to give customers the kind of interactions they seek. The problem with this change is twofold.
The last two years have brought an explosion of cloud-based Software as a Service (SaaS) provided in long-term subscription or on-demand models. Both new application providers and traditional enterprise software license firms have provided new versions of their software and services to ensure a market presence in these sectors of the technology market (though there are still a few hold-outs that sell only on-premise licenses).
The consumer of the future will be more mobile, social and self-sufficient, willing to share details on themselves and their preferences in exchange for highly personalized relationships with their favorite stores, according to a new IBM consumer survey. The study also found that consumers' willingness to advocate for a particular retailer is becoming multifaceted, with consumers looking for a flawless experience, whether it's when they're researching, purchasing, or receiving delivery.