Retail Supply Chain Insights Guest Contributors
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Why Grocers And Grocery Wholesalers Should Use EDI
11/20/2017
In the history of grocery operations, electronic data interchange (EDI) may have been one of the game changing developments in the last 30 years. Of course, we’re a little biased, but we’ve seen how EDI has greatly improved back office efficiency, helped operations reduce unnecessary staffing levels, helped reduce the number of errors and even cut down on late payments for suppliers.
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How Retailers Can Win Amazon Customers Back
11/14/2017
Amazon is currently dominating the online shopping experience, but here’s what retailers can do to keep customers loyal.
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How Retailers Can Prepare To Work With Large Suppliers
11/14/2017
Retailers who want to work with large suppliers like Nike, Adidas, or other international brands may have their work cut out for them before they even get started. For one thing, retailers of almost any size may find they’re the ones being told what to do to a degree.
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Finding Efficiencies In The Organic Supply Chain
11/14/2017
You can draw many conclusions from Amazon buying Whole Foods, and one of the more overlooked angles is how the deal solidified a long-developing trend: Organic products have finally gone mainstream. Amazon has already announced they plan to immediately lower prices on a selection of best-selling items, including organic produce, such as avocados and baby kale.
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Seven Recent Trends In Retail Demand Forecasting And Replenishment
11/14/2017
Most retailers are facing a shrinking operating “margin for error”. So it’s not surprising that many are looking for more accurate demand forecasting and intelligent stock replenishment. In a report entitled Market Guide for Retail Forecasting and Replenishment Solutions, Gartner analyst Mike Griswold spotlights seven recent trends in this area.
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CPG Firms Face Uncertainty At Every Turn In The Supply Chain
11/8/2017
For most Consumer Packaged Goods (CPG) firms and supply chain executives within them, we are operating in an age of great uncertainty amidst omni-channel fulfillment demands…..
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Customer Service Matters And Here's The Billion-Dollar Reason
11/7/2017
A regular customer steps into your store to get a particular brand of organic cereal that she’s been buying for the past year. Failing to locate the cereal at the usual shelf and anywhere else along the aisle, she scans the store for someone to help her. It’s noon – peak period for just about any retail outlet – yet there aren’t any store assistants around. She leaves in disappointment and heads to a competitor store down the block. Guess what – a single moment of customer frustration could cost you billions of dollars.
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Consumers Still Want To Make Purchases With Cash
11/6/2017
Cash is still one of Americans’ favorite methods of payment for purchases. While it scored behind debit cards in the September 2017 Cardtronics Health of Cash study, cash remains the most commonly used form of payment, with 91% of respondents saying they had used cash in person-to-person payments in the last six months. That’s an uptick from 89% a year earlier.
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Factors For A Successful EMV Implementation
11/6/2017
Retailers have been rolling out EMV, the technical standard for smart payment cards and terminals, but it hasn’t been a fast process. Adoption has lagged in part because U.S. retailers’ implementations have been anything but smooth and consistent. Authorizers are building and adding to EMV even as retailers are getting certified, and there are many players that need to get involved: The point-of-sale software provider, signature capture provider, authorizer and others are all specialized and focused on their niche, and all come from different organizations.
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3 Reasons To Consider A Cross-Border Marketplace Strategy
11/6/2017
A strong marketplace ecommerce strategy is especially important for brands that are entering new markets for the first time. Here are three reasons why.