Retailers worldwide lose a staggering $1.75tr annually due to the cost of overstocks, out-of-stocks and needless returns, according to research released from retail analyst firm IHL Group, commissioned by OrderDynamics, a Big Data prescriptive analytics software company.
Consumers often balk at the prospect of trading in old versions of equipment, while vendors do their best to encourage the move. Steve Brown, global product lifecycle manager with Hewlett-Packard Co., offers tips on how to manage trade-programs for old and out-of-warranty products.
Checkpoint Systems Inc. has developed new Slim and Whisper radio frequency identification (RFID) labels for the health, beauty and cosmetics categories.
Honeywell has developed the Dolphin 75e mobile computer, a handheld device allowing users to choose either the Windows Embedded 8.1 Handheld or Android 4.4 KitKat platforms.
Tyson Foods, one of the country's largest meat producers, said that it planned to eliminate the use of human antibiotics in its chicken production by 2017.
Scott Nitti, director of global operations and supply chain with Eastman Kodak Co., tells the story of the company's efforts to improve the agility and effectiveness of its supply chain in support of the production of digital cameras.
While the economy recovered and retailers grew more optimistic, 2014 was "the year of the POS breach," with many highly publicized attacks compromising millions of personal records. As a result, some of the largest and most popular retail brands were severely damaged.
Nick Finia, senior manager of energy management and infrastructure capital investment at The Walgreen Co., describes the company's aggressive efforts to achieve energy cost savings in its supply chain.