Remove 2022 Remove Boston Remove Inventory Remove Security
article thumbnail

ToolsGroup-IHL Group 2022 Retail Inventory Study Shows Diminishing Customer Loyalty Due to Out-of-Stock Concerns

ToolsGroup

Improving inventory position can help retailers secure consumer loyalty and capture impulse spending. In July 2022, IHL and ToolsGroup surveyed U.S. Across other retail sectors, customers have increased their trust in inventory availability from 1-7%. Retailers can counter a staggering $1.9

article thumbnail

Global Study Reveals 52% of Vital Digital Supply Chain Transformation Efforts Hamstrung by Skills and Labor Crunch

ToolsGroup

With respondents’ top growth investment for 2022 being “increasing recruitment and training efforts”, this year’s study reveals the profound effect that current labor shortages are having on digital supply chain transformation. From January to March 2022, CSCMP and ToolsGroup surveyed more than 300 supply chain professionals around the world.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Trends 2023: Retail

Enterra Insights

Retail journalist Ben Unglesbee writes, “Hey retailers, it might be time to ditch your stores, move your inventory to the metaverse, replace your staff with robots, switch from cash to crypto and invest all your profits in some blockchains.”[2] ”[2] Hopefully, his tongue was firmly planted in his cheek when he wrote that.

Trends 130
article thumbnail

Supply Chain Matters This Week in Supply Chain Tech- March 5 2022 Edition

Supply Chain Matters

The Supply Chain Matters blog features our March 5, 2022 edition of This Week in Supply Chain Management Tech , a synopsis of noteworthy supply chain management focused technology news which we believe would be of specific interest to our global-based blog readership. RightHand Robotics Secures $66 Million in Series C Funding.

article thumbnail

Supply Visibility: More Important Than Ever. Yet Elusive.

Supply Chain Shaman

In 2004, I joined AMR Research, a Boston Analyst firm. Your wallet has a social security or a passport number. Driving manufacturing excellence without a clear definition of supply chain excellence throws the supply chain out of balance, decreasing customer service and increasing inventory and overall cost. Reflection.

article thumbnail

10 Ways IoT Can Improve Supply Chains

IQMS

in 2022, achieving a 10.7% Blockchain shows potential for increasing the speed, scale, and visibility of supply chains, eliminating counterfeit-goods transactions while also improving batching, routing and inventory control. The Supply Chain Management enterprise software market is growing from $12.2B in 2017 to $20.4B

article thumbnail

This Week in Logistics News (January 28 – February 3)

Logistics Viewpoints

As a Boston fan, Tom Brady forever changed my sports landscape. The Boston sports landscape shifted after that first Super Bowl and became the city of champions, with 12 total championships (6 by the Patriots, 4 by the Red Sox, and 1 each by the Celtics and Bruins). announced it had secured its largest investment to date.