Last year Target opened 124 stores across Canada, with disastrous consequences that are only just starting to be felt financially. Items were coming into the distribution centres sporadically and then piling up in storage, partly due to the barcodes not corresponding with the warehouse management system.
Wal-Mart Stores Inc. doesn't do things on a small scale. So when it moved to expand its global sustainability effort, the retailing giant acted true to form.
Throughout the logistics industry, food is one of the most demanding goods moved around the world. Statistics also show that it is also one of the most disposed products worldwide in relation to the produced quantity with 30 to 50 percent of food going to waste. The highest portion is on the consumers' side. But In the supply chain, a non-stop cold chain monitoring is the major instrument for food staying fresh and not rotting ahead of time. There are already several solutions in the field to collect data to monitor the cold chain. But most of these solutions are costly to install and to maintain and therefore only suitable for high-priced products such as pharmaceuticals. Wireless sensors that use the energy harvesting principle now overcome these challenges and open the door for a complete traceability of food at affordable costs.
The price of popular breakfast cereals is set to soar over the next 15 years as a result of climate change, argues a new report from Oxfam International.
Gartner Inc. has released the findings from its 10th annual Supply Chain Top 25, and for the seventh year in a row Apple has topped the list. McDonald's took second place, and Amazon came in third.
Rich Thompson, managing director with Jones Lang LaSalle, wonders whether retailers are prepared to satisfy the growth in demand that comes with a recovering economy and rising freight rates.
The latest supply-chain news, analysis, trends and tools for executives in the food and beverage industries. Learn how food and beverage 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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