For growing ecommerce companies, timeliness is next to godliness. According to the 2014 UPS Pulse of the Online Shopper survey, half of consumers have abandoned carts due to a lengthy delivery time or no delivery date provided on a retailer's website.
It's no secret that the apparel, accessory and lifestyle world has long led the way in driving digital innovation across the retail frontier. Considering early initiatives around the convergence of in-store and online channels, several apparel pioneers come to mind – Macy's, Bloomingdales, Nordstrom, Gap.
Shifting supply chains to become driven by IT means businesses can standardise their processes and become less likely to run out of stock, says Dominic Regan, EMEA director of supply chain applications at Oracle.
Every economy's ability to compete depends on a steady supply of human capital and talent. When that supply is inadequate, imbalances result, creating serious threats not only to the economy but also to social and political stability and future development. This impact, moreover, extends beyond borders.
As companies shift manufacturing back from Asia to the western hemisphere, they are increasingly looking at Mexico as an alternative for low-cost production. Matt Hamson, chief executive officer of Coronado Logistics Inc., outlines the country's pros and cons.
Coca-Cola and SeaWorld Parks & Entertainment expect SeaWorld's switch to PlantBottle plastic in its refillable cups to remove 35 metric tons of CO2 emissions annually, the companies say. The recyclable cup, using Coke's sustainable packaging technology, is now available in all SeaWorld and Busch Gardens parks across the U.S.