Private-branded merchandise brings higher margins and brand recognition in the competitive world of retailing. But it also calls for greater control over the supply chain.
Low-cost labor is driving the stampede of manufacturers to China, but they must also consider the logistics implications of a longer supply chain and under-developed local infrastructure.
Retailers have been investing in supply chain technology for some time. Now they need to take it to the next level: the store. New technology advancements are making it possible for retailers to cut logistics costs significantly while dramatically improving customer service.
Over the past five years Best Buy Co. has developed a world-class supply chain that supports the company's position as one of the nation's top retailers, while saving millions of dollars in costs.
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.
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