The technology-driven shift to omnichannel shopping is the most transformative change to hit retail in decades. Yet in a global survey of CEOs conducted by PwC, only 22 percent felt this monumental shift would impact their organizations. Are these retail CEOs missing the boat?
Specialty retailer Bed Bath and Beyond spent $68m in its recently completed first quarter, primarily for IT enhancements. "While we continue to review and prioritize our capital needs, we remain committed to making the required investments in our company to help position us for our long-term success," said CEO Steven Temares.
A long-standing challenge in the electronics supply chain is the management of so-called "excess" inventory. When an OEM or EMS provider orders too much product, it is often sold in the open market to distributors that are not franchised by component suppliers.
TNT Express has been awarded a contract for the provision of international and domestic delivery services to Germany's leading engine manufacturer, MTU Aero Engines.
Sometimes city governments issue zoning requirements prohibiting the construction of giant retail stores. The latest: Swansboro, North Carolina, where town residents are hotly debating an ordinance that, in effect, would ban construction of a Walmart.
A Nicaraguan committee approved a proposed route on Monday for a $40bn shipping channel across the Central American country that would compete with the Panama Canal.
As the economy improves, transportation companies that struggled through the recession face a new challenge: providing customers with enough capacity and infrastructure to meet growing demand, says Ron Grove, vice president of supply-chain consulting with TZA.
The latest news, analysis, services and systems regarding logistics and freight and their impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before through logistics solutions. New technologies that provide information during local and global shipments are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As transportation and distribution services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics and cargo solutions to power their supply chains.
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