Its name suggests a narrow focus on office supplies, but United Stationers Inc. is far more than a wholesale distributor of copy paper, notebooks, pens and staplers. The $5bn-plus company also supplies janitorial and breakroom supplies, provides industrial equipment to the welding, oil field and building construction industries, and has a major - and increasing - focus on helping thousands of resellers sell online to their business end-customers.
Manufacturers are becoming more diverse in their product mixes and geographic reach. But they haven't necessarily responded with the kind of initiatives that drive total integration across the supply chain, says Ben Yokell, principal for demand planning with Chainalytics.
As the globalization, expansion and growing interconnectivity of supply chains make them more complex, businesses and their suppliers are faced with new challenges, with new opportunities for growth. Many top companies invest a vast amount of resources in innovation. This commitment to innovation drives growth as they compete to remain top manufacturers and service providers. However, many of these top companies are not reaching their full potential. Their businesses are innovating, growing, and developing, but many of their suppliers are not.
Replenish Bottling LLC has launched a sustainable product line that has the potential to change how many water-based consumer products are designed, manufactured and sold. The packaging technology can be found in a new line of concentrate household cleaning and personal care items sold under the CleanPath brand.
Those watching the 3D printing category can now look beyond office supply retailers. Target is now offering 3D printing for small decorative and gift items for the holidays.
Shrink, comprised of shoplifting, employee or supplier fraud and administrative errors, cost the global retail industry more than $128bn last year, $42bn in the US alone, according to the latest Global Retail Theft Barometer. This represents 1.29 percent of retail sales, on average.