Analyst Insight: The retail industry might be the most impacted by digital disruptions, on top of the obvious turmoil retailers' face due to the rapid growth of e-commerce. Retailers also face all of the disruptions in the transportation industry, as retail has always been about moving merchandise from its point of origin into the hands of consumers. - Jim Tompkins, CEO, Tompkins International
Analyst Insight: Evolution is as much a part of businesses and industries as it was a part of Charles Darwin's observations in the Galapagos Islands. Retail in particular is undergoing fundamental changes that are having repercussions up and down the supply chain. How retailers approach these changes will determine the winners and losers within the retail industry. – Guy Courtin, VP, Industry and Solutions, GT Nexus
Analyst Insight: By understanding the true costs and potential benefits from improving their reverse logistics processes, retailers are developing strategies to recover as much value as possible from their returned goods. - Matt Ennis, vice president of business development and client solutions, Yusen Logistics (Americas) Inc.
Workers demanding better conditions and benefits have destroyed the production line of a Chinese-owned factory making clothes for Swedish fashion retailer Hennes & Mauritz, in one of the most violent labor disputes in Myanmar in years.
Adidas AG's new chief executive officer is doubling down on surging sales of casual sneaker lines like Stan Smith and Tubular to transform the German sportswear maker into a fast-fashion business and gain ground on larger rival Nike Inc.
Analyst Insight: Customer-focused initiatives are increasing the requirements placed on global supply chains, and companies are struggling to develop supply-chain organizations and capabilities with the speed, flexibility and cost control to meet these needs. There is opportunity for companies to drive greater efficiency, both internally and externally, through the use of emerging digital capabilities, advanced data analytics, and new collaboration models in their supply chains. – Andrew Prinz, associate partner, supply chain management, Infosys Consulting
Analyst Insight: Today, every business is a digital business. That means that every supply chain needs to be a digital supply network that unites not just physical flows but also talent, information and finance. This new breed of supply chains is more connected, intelligent, scalable and rapid than ever before and has the potential to help companies reap billions of dollars in new revenue and savings. – Gary Hanifan, managing director, Accenture Strategy, Operations Strategy
The latest supply-chain news, analysis, trends and tools for executives in the consumer packaged goods industry. Learn how consumer packaged goods companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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