Challenge: For a major luxury apparel retailer, missing and inaccurate data in its suppliers' Advance Ship Notices (ASN) caused shipment delays, lost time spent finding and correcting errors, and bad data polluting the retailer's ERP.
One year after Wal-Mart Stores Inc. bought Jet.com for $3.3bn, shoppers will get a glimpse of how it hopes to use the startup to battle Amazon.com Inc.
Ikea, the Swedish home goods retailer, says it has agreed to acquire TaskRabbit, a company known for, among other things, sending tool-wielding workers to rescue customers befuddled by build-it-yourself furniture kits.
Within hours of Toys "R" Us's bankruptcy filing last month, the maker of Max Tow Truck and Animal Babies Nursery sounded a financial alarm of its own: Jakks Pacific, the company said, expected to swing to a loss this year as a result of the mega-retailer's bankruptcy.
The U.K.'s Freight Transport Association (FTA) welcomed Prime Minister Teresa May's call last week for a transition period as a key priority for Brexit negotiations. But, as May's Tories grip on power continues to erode against an ascendant Labor party, the prime minister's pragmatic turn might be too little, too late, and the future of U.K.-E.U. trade remains unclear.
Nearly a year after an Indonesian court ordered a timber company to pay country's largest ever fine for deforestation, the government has been unable to collect the money, prompting campaigners to call for tougher sanctions against illegal loggers.
The International Union of Marine Insurance has called for better fire-fighting systems on board container ships, citing its concern that current provisions are insufficient given the growing size of container vessels and a recent spate of fires on board ships.
Procurement professionals need to be aware of the links between the poor employment practices linked to the gig economy and modern slavery, a European government official warns.