Remove Books Remove Consumer Goods Remove Procurement Analytics Remove Transportation
article thumbnail

This Week in Logistics News (October 1 – 7)

Logistics Viewpoints

Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

article thumbnail

Infor’s Acquistion of GT Nexus: If I Had a Magic Wand

Supply Chain Shaman

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. Based on reporting from the Wall Street Journal, the company hired Morgan Stanley to shop the company and package it for sale in 2014 with an expected evaluation of 800M$. The largest was the purchase of Lawson in 2011 for 2B$. It is clear.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Shipping Containers and Supply Chain Snarls: Is There a Way Out?

Enterra Insights

Correspondent Bill Whitaker ( @BillWhitakerCBS ) reported, “Getting the goods from here to store shelves is proving to be a lot more daunting. He says it’s the antiquated booking system that’s gumming up the works. These boxes were called ‘Transporters.’ Now, it takes nine. ”[5].

article thumbnail

Does your supply chain hear the change coming?

Kinaxis

They were one of the early pioneers of voice recognition technology, and produced a device about the size of a small paperback book, that had an active vocabulary from 300 to 10,000 words. The rapid adoption of virtual personal assistants changes shopping habits, just as Uber changed transportation. Verbex had nothing to do with oil.

article thumbnail

Is Inventory Waste or an Asset?

Supply Chain Shaman

While forecast accuracy, if used well, can reduce safety stock, what I find in the study of the global multi-national is the rise of cycle stock due to increased item complexity, and the increase of in transit inventories due to longer freight lanes and longer cycles in ocean transportation.

article thumbnail

Empowered Consumers Require Omnichannel Strategies

Enterra Insights

” The quote finds its origins in Sir Francis Bacon’s book Meditationes Sacrae , which was published in 1597. Today, consumers are empowered with more knowledge about the products they buy than at any time in history. 4] Consumer “needs” include multiple ways of buying and receiving goods.

article thumbnail

Does your customer really need that product right now?

DELMIA Quintiq

This service is not limited to prepared food – you can order groceries, books and even a TV. The 2014 UPS Pulse of the Online Shopper study reports what truly affects shopper satisfaction: This presents new opportunities to retailers who are quick to offer what consumers want. The rise of the flex shopper. Here’s how it works.