The growth of e-commerce is transforming the last mile at a rapid rate. Start-ups such as Deliv, Roadie and Instacart, along with Amazon’s own logistics network build-out, have caused a shakeup in the traditional hub-and-spoke system that FedEx and UPS spent years building. As a result, the Big Two have become reactive by raising rates and increasing surcharges to maintain market position while investing in infrastructure to meet changing needs. -Paul Steiner, Vice President of Strategic Analysis, Spend Management Experts
Companies adopting an intelligent operations strategy to manage their supply chains will be in the best position to succeed in the future — if they have the right talent.
In 2012, a startup named Club W set out to help millennials find and buy decent wine on the internet. With bottles from a few boutique vintners, a slick web platform and a simple recommendation algorithm, the Los Angeles-based company had a propitious plan.
The Trump administration wants to overhaul the longstanding food stamp program, replacing it with a box of canned goods that it has likened to Blue Apron — a high-end meal kit service.
The world’s biggest container shipping line is trying to stop customers like Amazon.com Inc. and Alibaba Group Holding Ltd. from becoming competitors in just a few years’ time.
Digital disruptions continue to play an important role in the evolution of retail. The dot-com era of the 1990s begets the dot-com bubble that burst to create the dot-com collapse. By 2003 the few dot-com survivors began playing an important role in retail. By 2010 e-commerce had reached a level of significance creating the term multichannel retail, describing retailers who participate in stores and online. The field has evolved, and entered the era of New Retail. -Jim Tompkins, CEO, Tompkins International and MonarchFx
Omnichannel fulfillment has been increasingly adopted by big-box retailers and other outlets with large brick-and-mortar footprints. Online sales of large bulky items, such as furniture and kitchen appliances, are a rapidly growing segment as shown by the growth of white glove delivery companies such as XPO Logistics. Reliance on these last-mile delivery companies and the physical nature of bulk size items will push omnichannel fulfillment adoption at an increasing rate. -Paul D'Arrigo, Vice President of Information Technology, Spend Management Experts
Travel buyers should start talking to their travel management companies (TMCs) now about how changes to flight booking technologies could impact them, Red Bull’s head of procurement has said.