Retailers and manufacturers are taking stock of their transportation costs and exploring alternatives as a capacity crunch in freight is driving up prices and causing shipping delays.
Challenge: Trading partners need to trust that inventory will arrive when scheduled — particularly during item promotions. Historically, location and arrival time was obtained via driver phone calls. But these projected arrival times didn’t consider traffic and weather conditions, and they were often too optimistic.
The International Monetary Fund is warning that U.S. President Donald Trump’s new import tariffs threaten to undermine the global trading system, prompt retaliation by other countries and damage the U.S. economy.
The age of the omnichannel is all about options. Customers buying online should be able to receive their purchases in any way they choose — at home, work, a designated retrieval point, or direct from the store. Or so goes the theory.
The European commission has said the “simply unacceptable” imposition of high tariffs by the U.S. on Spanish olives is already having a major effect on producers in southern Spain.
Consumer preferences are shifting. More and more, shoppers are favoring the convenience of online shopping over the in-store experience. As retail tilts more toward online sales, delivery becomes one of the few remaining face-to-face touch points with end customers.
Even after winter storms left East Coast harbors thick with ice, some of the country's top chefs and trendy restaurants were offering sushi-grade tuna supposedly pulled in fresh off the coast of New York.
U.S. agribusinesses are facing lingering inventory snafus and economic pain over farm chemicals and fertilizer, as a cold, wet spring that slowed crop plantings continues to cause ripple effects across the agricultural sector.
As online ordering and fresh food delivery expands around the globe, Google is angling for a stake. The Alphabet subsidiary announced a joint venture this week with French chain Carrefour, making it the first retailer in France to partner with Google.
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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