Specialty retailer Bed Bath and Beyond spent $68m in its recently completed first quarter, primarily for IT enhancements. "While we continue to review and prioritize our capital needs, we remain committed to making the required investments in our company to help position us for our long-term success," said CEO Steven Temares.
A long-standing challenge in the electronics supply chain is the management of so-called "excess" inventory. When an OEM or EMS provider orders too much product, it is often sold in the open market to distributors that are not franchised by component suppliers.
Convergence Systems Limited (CSL), a global provider of passive RFID products and active RTLS equipment, announced that a retail application of CSL RFID hardware has successfully reduced inventory time and increased sales for ISA Boutique, Hong Kong’s famous chain of boutique brand-name stores.
TNT Express has been awarded a contract for the provision of international and domestic delivery services to Germany's leading engine manufacturer, MTU Aero Engines.
As the economy improves, transportation companies that struggled through the recession face a new challenge: providing customers with enough capacity and infrastructure to meet growing demand, says Ron Grove, vice president of supply-chain consulting with TZA.
Wal-Mart Canada Corp. has purchased two privately held Canadian logistics firms that have acted as Wal-Mart service providers: trucking company Translogic Express Dedicated Inc. (TEDI) and distribution centre operator SCM.
The latest news, analysis, services and systems regarding logistics outsourcing and its impact on global supply chains. Today’s companies are transporting and delivering perishables and manufactured goods in a more timely and efficient manner than ever before using third party logistics providers (3PLs). New technologies that provide information during shipments are transforming the way companies work with these providers - and allowing them to stay ahead of the competition in their industries. As 3PL services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using logistics outsourcing solutions to power their supply chains.
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