Amazon.com Inc’s 20-percent hike in the cost of Prime membership should deliver more than $1bn in extra revenue this year and cover any “rational” hike in United States Postal Service delivery fees, Wall Street analysts said on Friday.
Supply chains are under tremendous pressure to perform better. The average consumer now spends considerable time researching the best prices for the products they want, they’re comfortable ordering online, and they expect swift delivery at a time that suits them.
When Bert Hooper brings on new workers at TechStyle Fashion Group’s 450,000 square-foot warehouse in Perris, California, he tells them, “If you know how to use a smartphone and you know how to use an app, you can do about any operation that we have in our facility.”
DHL and IBM have released a joint report on the development of artificial intelligence (A.I.) technology and its potential to change the logistics industry — noting that, in many ways, A.I. is already making profound changes to the retail environment, not all of which are positive.
Style trends are moving faster than ever in an age when a shopper can spot an outfit on Instagram and buy it with just a few clicks. That immediacy is prompting some in the fashion industry to experiment with a business model some are calling “click, buy and make.”
Decades ago, Bradley Jacobs studied math and piano (classical and jazz) at Bennington and Brown before dropping out to make money. Now the balding 61-year-old CEO of XPO Logistics invokes that background to explain how he's parlayed sequential roll-ups in the gritty businesses of garbage collection, heavy equipment rentals and delivering stuff into a $2.6bn net worth.
Selling apparel and other merchandise over the internet is difficult enough for retailers as it is. Now they want to make it even tougher on themselves.
The latest news, analysis, services and solutions regarding order fulfillment for warehousing and distribution. Today’s companies are moving goods across more suppliers, vendors and customers than ever before, and warehouses are critical points in the overall supply chain. New technologies in order fulfillment are transforming the way warehouses and distribution centers operate — allowing corporations to stay ahead of competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving supply-chain operations through their strategic use of order fulfillment solutions in the warehouse.
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