Ken Hicks, Foot Locker chairman and CEO, took the reins of the retailer in 2007 as the United States was facing down its worst recession in decades. Under his leadership, the footwear and sports apparel company has managed to deliver 17 consecutive quarters of comparable store sales growth and its best-ever financial results for the 2013 fiscal year. Here, he speaks about the meaning of omnichannel.
The trade relationship between the United States and Africa, as well as the African Growth and Opportunity Act (AGOA) - which provides exporters duty-free access to the lucrative U.S. market - was recently put under the microscope at the U.S.-Sub Saharan Africa Trade and Economic Cooperation Forum, which coincided with President Barack Obama's U.S.-Africa Leaders Summit, both held in Washington last week.
The challenges of omnichannel distribution are perhaps the largest issues facing retailers today. Two senior consultants from Kurt Salmon identify solutions that can help retailers deal with omnichannel demands today and stay ahead of future changes.
Global companies increasingly view emerging markets not only as a source of supply but also as a source of sales. Clive Geldard, group vice president for retail and supply chain at Solving Efeso, discusses supply chain challenges that these markets present and steps companies can take to improve performance.
On September 30, 2014, supply chain education will take a major step into the digital age with the start of SCx, an online educational program developed by the MIT Center for Transportation & Logistics (MIT CTL) for thousands of professionals across the globe.
Big Heart Pet Brands is the parent company for many of the biggest selling pet foods, including Kibbles 'n Bits, Meow Mix, Milk Bone and 9Lives. Ryan Dimond, manager of supply chain optimization, discusses how Big Heart uses supply chain design to support its many brands and employs supply chain modeling to make better decisions.
Organizations need an agile supply network to be able to respond to unplanned events and continuing market volatility, says Jake Barr, CEO of BlueWorld Consulting. Barr explains what an agile supply network encompasses and outlines steps that companies can take to build agility into their supply chains.
When Kevin Smith and his partners started a solar energy firm in Santa Monica in 2008, they expected to sell their technology to advanced economies in Europe and the United States. But much of the action has been in a part of the world Smith initially wrote off: Africa.