The retail industry will lose an estimated $3.48bn to return fraud this holiday season, down from $3.73bn last year, according to the National Retail Federation's annual Return Fraud Survey, completed by loss prevention executives at 103 retail companies. Annual return fraud will cost retailers an estimated $14.37bn in 2011, up slightly from $13.66bn in 2010.
Richard J. Sherman, president of Gold & Domas Research and director of strategic development for CSCMP, summarizes the practical road map to supply chain transformation that he explores in depth in his new book.
Working closely with Haesaerts Intermodal and Procter & Gamble, Dow Chemical Co. implemented a multifaceted plan for significantly reducing its carbon footprint caused by the movement of a crucial chemical from France to Russia.
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.
The Prophesy division of Accellos Inc. is now including the Drive Axle mobile scanning application of Eleos Technologies, LLC in its Prophesy Dispatch suite of software for trucking and fleet management.
Jeff Metersky, vice president of the Sales, Inventory and Operations Planning Practice at Chainalytics, explains how a new approach to benchmarking can help companies improve their forecast accuracy and why even small improvements make a big difference.
If you're looking for more evidence of the bipolar nature of mobile shoppers, look no further. The Harris Poll people have what you need. In what should be called the NIMBY (Not In My Backyard) effect, some 66 percent of Americans polled said they expect mobile payments to eventually replace payment cards and even cash-but not their cards and cash.
Each year ChainLink Research conducts a survey to provide insights into the business challenges companies are confronting and what methods they may turn to-both human capital and technology-to address those challenges.
