Indonesia is at the early stages of a period of strong economic growth, creating a wave of new middle-class and affluent consumers (MACs) that will grow in size and purchasing power through 2020, according to a report by The Boston Consulting Group.
Recent issues in the European food supply have resulted in supply chains making the news for all the wrong reasons. Consumers have been shocked at revelations that products labeled as beef also contained significant quantities of horsemeat, up to 100 percent in some cases. More than a month after the Food Safety Authority in Ireland published its findings of traces of horse DNA in burgers, we are still seeing daily announcements of new product withdrawals by retailers across Europe.
The total market for open short-range wireless (SRW) technology-based ICs, such as Bluetooth, Wi-Fi, ZigBee, NFC and GPS, is expected to reach almost 5 billion units in 2013 and grow to nearly 8 billion by 2018. This includes stand-alone wireless connectivity ICs, wireless connectivity combo ICs, and also platforms with integrated wireless connectivity.
Consumers are much more interested in free delivery and lower prices than in the same-day delivery of goods ordered online, according to a survey conducted by The Boston Consulting Group. Only 9 percent of the 1,500 U.S. consumers surveyed cited same-day delivery as a top factor that would improve their online shopping experience, while 74 percent cited free delivery and 50 percent cited lower prices.
Analyst Insight: As traditional retailers feel the sting of Amazon's long tail whip, e-commerce and retail are merging into omni-channel strategies. In the Connected Age everyone is always connected to everything, always on, and location based. Just as the power shifted from manufacturer to retailer, the power in the retail channel has now shifted to the consumer who can buy anything from anyone, anytime, from anywhere. You better know your customer and your market to succeed. - Rich Sherman, Supply Chain Discipline Expert at Trissential
Analyst Insight: Retail is in a dramatic transformative phase. Consumers' multichannel access and shopping and web commerce vs. in-store shopping have retailers experimenting with many new approaches and technologies. Multi-merged channel expectations put fulfillment front and center as a major concern - no more relegating supply chain to the backwaters of retail management!
- Ann Grackin, CEO, ChainLink Research
Analyst Insight: Supply chain has often been an afterthought for pharmaceutical manufacturers. The patent cliff, increasing reliance on generics, and price pressure from payers all create considerable margin pressures on pharma companies as well. This forces them to pay closer attention to operational efficiencies, including the supply chain. However, less noticed is the impact that evidence-based medicine and outcome-driven payment strategies have, compelling pharmaceutical manufacturers to more closely manage their entire end-to-end chain, especially on the downstream side. - Bill McBeath, Chief Research Officer, ChainLink Research
Analyst Insight: The pharmaceutical and bio-tech industry, as well as the medical device and medical product industries, are at a crossroads. This crossroads consists of industry identity and business channel markets determination - each of which will drive every company's future in the domestic and international marketplace as a single sector leader or multimarket healthcare provider for the coming decade. - Brian Hudock, Partner, Tompkins International
Arguing that "the line between stores and the internet is blurring so much," Macy's has become the first major publicly held retailer to stop reporting its e-commerce stats.
Although mail, express and logistics companies are benefiting from the growth of e-commerce in Europe, to date few service providers have developed the sophisticated services which e-retailers demand.