Fraud prevention technology provider Forter has published its 2017 Fraud Attack Index, in conjunction with the Merchant Risk Council (MRC). It detailed the rate at which e-commerce fraud attacks increased throughout traditional retail verticals and provided an in-depth look at the reasons behind the year-over-year changes.
Zebra Technologies' "Retail Vision Study," released this week, finds that the majority of retailers surveyed globally expect to embrace radio frequency identification and other Internet of Things (IoT) technologies, as well as use analytic data from those systems by 2021, as more shoppers move to online sales.
Analyst Insight: In a time of rapid political and economic change, uncertainty and tight budgets, R&D and education can often get short shrift. Perversely those are the times when the latest ideas are needed the most - especially for professionals wanting to learn and implement new techniques. – Kate Vitasek, faculty member, University of Tennessee's Haslam College of Business Administration
VF Corporation, whose brands include The North Face, Timberland, Wrangler and Lee, released its first-ever Forest Derived Materials Policy, which sets purchasing guidelines and commits the company and its suppliers to using sustainable forest materials and products.
Adidas AG's new chief executive officer is doubling down on surging sales of casual sneaker lines like Stan Smith and Tubular to transform the German sportswear maker into a fast-fashion business and gain ground on larger rival Nike Inc.
Analyst Insight: Today's supply-chain industry is currently dealing with a shortage of talent to fill critical positions. Unfortunately, many companies are also finding the skills in their current workforce lacking in order to manage today's complex business environment. In light of this, many universities are offering more educational opportunities to assist developing the talent base in the supply chain through online master's programs. – Karl Manrodt, professor of logistics and supply chain management, Georgia College, and Donnie Williams, assistant professor of logistics and supply chain management, Georgia College
It's been the same drill for years: Ocean carriers and shippers talking service, then fixating on price. Is this disconnect finally about to be disrupted?
Analyst Insight: The lines between consumer products and retail are more blurred than ever. But for large CPG companies, the challenge remains to create seamless, responsive supply networks optimized to sense demand and respond efficiently, whether shipping to a major retailer or an individual customer. The next five years will see increased adoption of digital technology, heightened M&A activity, and new competition from unexpected sources, all jockeying for a place in customers' homes. – Matt Gunn, manager of Industry Solutions, GT Nexus
Analyst Insight: As companies adjust their business strategy to the dynamically changing marketplace, many seek direction when investigating options for supply-chain improvement. With help from data insights obtained through supply-chain analysis, more companies are achieving greater flexibility for meeting demand by leveraging their supply chain as a competitive advantage. – John Richardson, vice president, Supply Chain Analytics, Transportation Insight