Food e-commerce giant FreshDirect recently raised $189 million in an investment round led by J.P. Morgan Asset Management, in large part due to the company’s ability to manage its inventory right and to deliver on consumer demand for fresh food. “As demand for fresh ingredients delivered to your … [Read more...]
Target recently announced new, stricter rules for its suppliers in an effort to increase efficiency and reliability in its supply chain. The big box retailer has been plagued with supply chain snafus leading to empty shelves and missed sales. This has made it more difficult for Target to compete … [Read more...]
More small businesses are recognizing the power of the humble barcode, the decades-old technology that even retail giant Amazon uses to great effect in pushing thousands of items out to customers each day, to help bring order, clarity and savings to their business model. Unfortunately, some … [Read more...]
Traditional apparel companies in the United States are in trouble, and one big reason why is their slow adaption to the new world order of supply chain management. Put simply, many top brands are doing a terrible job of inventory control. [Tweet "Many top brands are doing a terrible job of … [Read more...]
We’ve all seen the barcode labels affixed to products with their parallel lines and mysterious digits or patterns made up of dots, squares and even hexagons. When these mysterious bars and lines are scanned by a barcode scanner or smartphone, useful data and information about the product is easily … [Read more...]
It’s holiday season, and one of the enduring images that returns to us around this time is that of Santa, a sleigh piled high with presents, hurtling across the country, and the world, to deliver gifts on Christmas. This classic tale raises some questions: How does he keep track of his inventory? … [Read more...]
How Santa Prepares for His Big Night with Barcodes He’s making a list, and checking it twice, gonna find out who’s naughty or nice. With millions of children to deliver toys to in one night, Santa sure does have a lot on his hands. While Santa’s elves and reindeer are a merry help for the old … [Read more...]
With the holidays less than two months away, retailers have already swapped out spooky masks, jack-o-lanterns, and candy corn for holly, garland, and ornaments for the upcoming holiday shopping season. This is the time you’ve trained for all year — Black Friday and the crazy busy shopping days … [Read more...]
How Walmart’s My Productivity app controls inventory Even giants can be brought down to their knees, as proven in Walmart’s mammoth fall in 2013 when $3 billion went down the drain, thanks to years of excess goods surging past sales. In the quarter ending on April 30 earlier this year, … [Read more...]
Visit any city and you’ll find, alongside pharmacies and big box chains and retail stores that specialize in a particular niche, the ubiquitous dollar store, selling seemingly every item under the sun for incredibly low prices. It’s one of the staples of the local and national economy. Now it's … [Read more...]
