Ongoing innovation at Men's Wearhouse has led to the launch of its omni-channel inventory program, which gives customers visibility and access to all merchandise within the company's distribution center and its 900-plus retail locations from one location. Now, regardless of whether a customer is shopping in a single store or online, they can see all merchandise available to them throughout the company and pick up any item at the store of their choosing.
W&H Systems, an integrator of material-handling systems, has developed a version of its Shiraz warehouse-control system (WCS) that works on a smartwatch.
Research conducted by IDTechEx, and published in RFID Forecasts, Players and Opportunities 2014-2024, finds that the RFID market – including tags, readers, software and services for passive and active RFID – will grow from $7.88bn in 2013 to $9.2bn in 2014. IDTechEx expects that the RFID market will reach $30.2bn in 2024. Most growth is due to active RFID/RTLS systems, interrogators, and then tags, in terms of total money spent.
It looks as though we're in for a year of continued economic recovery and job growth, however gradual. That should be good news for ocean carriers - assuming they don't undermine their own success by flooding the market with capacity, then engaging in rampant discounting to fill it.
I'd like to propose a symbol for those huge new vessel-sharing alliances that will dominate the global container trades this year and beyond: a great big question mark.
Analyst Insight: Retailers are starting to use brick-and-mortar stores as distribution nodes, to connect demand with inventory in the most flexible and cost-effective way. Ship-from-store enables them to leverage their entire inventory for higher sales, better margins and improved service. It allows them to offer omnichannel customers access to a broader array of products, and helps to offset the impact of an imperfect forecast. - Adam Mullen, Apparel Industry Leader, Fortna Inc.