Value chain - Articles - Page 25

GlaxoSmithKline Goes to Once-a-Month Vendor Payment System

January 30, 2013

The Forum for Private Business, a British small business lobbying group, recently sought to publicly shame GlaxoSmithKline (GSK) after the drugmaker told suppliers it would pay invoices only once a month, rather than on a rolling basis as they come due.

Reducing Supply Chain Barriers Might Boost Global GDP Six Times More Than Ending Import Tariffs, Report Finds

January 29, 2013

World Economic Forum

Reducing supply chain barriers could increase global GDP and world trade much more than reducing all import tariffs, according to a new report released by the World Economic Forum in collaboration with Bain & Company and the World Bank.

With Ship-from-Store Initiative, Macy's Has '800 Fulfillment Centers'

January 24, 2013

MultiChannel Merchant

Back in the fall, Macy's spokesman Jim Sluzewski said his company would consider further expansion of its ship-from-store initiatives after it evaluates its 2012 holiday sales figures. The chain already expanded the project to more than 290 stores before the holiday season began.

Japanese Clothing Store Chain Uses RFID for Inventory Control and POS Information

January 24, 2013

RFID Journal

Tokyo-based retailer BEAMS Co. Ltd. has incorporated radio frequency identification technology at five B:MING Life Stores that it recently opened in Japan. The stores are employing RFID technology for both tracking inventory and improving efficiency at the point of sale.

Supermarkets Are Now Both Brick-and-Mortar and Virtual

January 22, 2013

Business Week

In one of the biggest flops of the dot-com era, Webvan went bust less than two years after its $375m initial public offering in 1999. That's because it built a warehouse and distribution system for products that are already available within three miles of most consumers, says Rich Tarrant, CEO of MyWebGrocer.

More Luxury Shoppers Use Mobile, But Prove Harder to Please Overall, Study Finds

January 21, 2013

ForeSee

Luxury shoppers are more likely to use mobile channels when shopping but are slightly less satisfied with e-commerce overall, according to the Luxury E-Retail Satisfaction Index released by customer experience analytics firm ForeSee.

Merging the Two Albertsons Chains Won't Be as Easy as Splitting Them Up in the First Place

January 21, 2013

Storefront Backtalk

Putting Albertsons back together again won't be as easy as it looks. The grocery chain was split in 2006 between Supervalu and private equity firm Cerberus Capital Management, with both chains using the same logo in different geographic regions. But on January 10, the two owners decided to reunite what will now be a 650-store chain in a complicated deal that leaves only one thing very clear: These money managers aren't thinking about IT when it comes to reassembling the chain.

U.K. Retailers Subsidize Same-Day Delivery

January 18, 2013

Storefront Backtalk

As retailers are still trying to work through their new-found infatuation with the idea of same-day deliveries, it's quickly becoming a love-hate relationship. Beyond Amazon's discovery that shoppers loved the concept of same-day but ended up not using it, it now seems that some U.K. retailers are willing to very heavily subsidize same-day delivery charges.

Shoppers Taking to Mobile Commerce More, But Not for Groceries at This Point, Survey Finds

January 16, 2013

Symphony EYC

Symphony EYC, a player in retail and distribution improvement software formerly known as Aldata, announced that its second U.S. holiday shopping survey has determined that in the United States shoppers want to use their mobile phones to make shopping easier, more personalized, and to have more control over inventory, but that purchasing groceries with a mobile is still in its infancy.

Restaurants to Back Off on Menu Price Hikes, Increase Group Purchasing

January 15, 2013

SpenDifference

Chain restaurants, battered by value-hungry customers and rising commodity prices, are showing little appetite for significant menu price increases, according to a new survey of industry executives conducted by SpenDifference, a supply chain co-op that helps restaurants save money.