In a first in the athletic footwear and apparel space, Foot Locker has started a trial of same-day/next-day delivery at five stores in California, with plans to roll it out at its 1,300 locations across the U.S. and Canada should it prove a success. This includes all the company's brands: Foot Locker, Lady Foot Locker, Kids Foot Locker, Foot Action and Champs.
The trends favor a centralized inventory under one roof, but the question whether it is the most effective response to the challenges of multichannel distribution persists.
For two years, Google has quietly been developing autonomous flying vehicles that can be used to deliver packages for disaster relief or for commerce purposes, the company revealed.
US Foods plans to open a distribution center in Seabrook, N.H. to better serve its customers throughout New England.
The company currently services this customer base from its facility in Peabody, Mass., which has approximately 188,000 square feet. The new facility will offer more than 500,000 square feet of space, including additional dry and cold storage and fleet fueling and maintenance areas.
Chainalytics has taken over Sydney-based Logiworx, a partner since 2009 in several supply chain management projects in the Asia-Pacific region. With the acquisition, Chainalytics gains expertise in verticals such as mining, metals, oil and gas, as well as extending capacity in supply management and procurement of direct and indirect materials.
Analyst Insight: India has one of the world's fastest-growing economies. Based on the country's 12th Five-Year Plan, manufacturing in India is expected to grow at a healthy CAGR of 9.5 percent. However, according to a World Bank Survey, India ranks 46th in global trade logistics performance and 13th in GDP growth worldwide. Despite the generally positive economic outlook, estimates indicate that the country's inefficient supply chain results in an approximately $65bn loss per year.
- Neelam Singh, Senior Analyst, and Steve Banker, Service Director, Supply Chain Management, both of ARC Advisory Group