Business customers are now behaving much like consumers, with procurement professionals becoming accustomed to the “Amazon experience” they get when they order merchandise for the home.
All of the problems experienced in e-commerce sales during the pandemic are continuing, says Paul Ambruso, VP and general manager, mobile robotics, at Berkshire Grey. The challenges, however, are opportunities for technology vendors.
Over the past three years, retailers have been wrestling with product shortages and increasingly painful out-of-stock issues. More recently, however, they’ve been struggling with overstocks.
Companies make thousands of decisions a day about what to produce, where to put product and what to promote. But they often make those decisions based on very limited information.
Ten years on from the Rana Plaza factory collapse, governmental bodies around the globe are taking on more responsibility for worker safety and corporate due diligence. But it's not enough.
The complaint argued the companies issued a “lack of inspections” while also claiming the businesses violated labor rights, including the "lack of freedom of association.”
The new valuation puts the stake held by its chair and chief executive, Bernard Arnault, at $212bn – cementing his position as the world’s richest person.
The latest supply-chain news, analysis, trends and tools for executives in the retail industry — which comprises companies that operate physical or internet stores with diversified product lines. Learn how pharmaceutical and biotech 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.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.