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Inventory / Merchandising / Supply Chain

Supply chain challenges are mounting for many retailers, especially those operating in multiple regions of the country and abroad. Consumers expect to be able to order and purchase products via any channel, then have them delivered to their channel of choice – and quickly! New technologies are providing the ways and means for merchants to deliver on the promise of omnichannel excellence. Now retailers must find the best ways to implement new solutions to stay competitive.

Accenture To Acquire Kurt Salmon

Accenture has agreed to acquire global strategy consulting firm Kurt Salmon. Through the acquisition, Accenture will be able to expand its strategic capabilities in order to deliver end-to-end consulting services to top retailers and private equity firms.

Turkish Retailer Expands Omnichannel Capabilities

  • Published in News Briefs
Turkish apparel retailer DeFacto has built a significant physical footprint, with 357 stores in Turkey along with 60 locations in 12 other countries across the EMEA region. Now the brand is stepping up its omnichannel capabilities with the deployment of an order management system from OrderDynamics. DeFacto already is a de…
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SPAR Expands Footprint To Brazil With New Momentum Acquisition

Merchandising and retail services provider SPAR Group has acquired ownership of New Momentum and New Momentum Services from The Interpublic Group. The new venture, called SPAR Brazil, will provide merchandising, in-store promotion and other marketing and retail services to Brazil’s 26 states.

1010data Unveils Latest Enhancements To Consumer Insights Platform

1010data has released Consumer Insights Platform (CIP) 3.0, a collaboration solution designed to enable retailers and their suppliers to gain insight into the performance of key categories and products with SKU-level precision. CIP 3.0 includes numerous enhancements that build on previous iterations of the platform, such as:

Overstock.com Hires Walmart Exec For Demand Fulfillment Role

Vidya Jwala, most recently VP of Merchandising and Operations at Walmart, has been named Senior Vice President of Demand Fulfillment for Overstock.com. He will be responsible for overseeing sourcing, merchandising, supply chain and customer care businesses for the e-Commerce retailer. Prior to his stint at Walmart, Jwala held leadership positions at the Tractor Supply Company, Lowe's Companies and Jo-Ann Stores.

Supply Chain API Network Project44 Raises $10.5 Million

Project44, a supply chain visibility enterprise cloud platform, has procured a $10.5 million Series A funding round. The platform delivers an integrated SaaS network of web service APIs that are designed to facilitate real-time information flow and visibility between global supply chain partners, including retailers, suppliers and third-party logistics companies. Venture capital firms Emergence Capital and Chicago Ventures as well as Silicon Valley Bank led the funding. Project44 will use the investment to shift its focus into new transportation modes — including truckload shipping, last mile and intermodal freight — and address additional data intelligence and analytics opportunities for the global supply chain.

The Royal Group Integrates Shelfbucks Into POP Displays

  • Published in News Briefs
The Royal Group, a provider of design, manufacturing, fulfillment, warehousing and distribution solutions for retailers and CPG manufacturers, has partnered with Shelfbucks to implement the SmartDisplay platform into its point-of-purchase (POP) merchandising displays. The SmartDisplay platform provides measurable reports on when and where displays are installed within U.S. retail stores.…
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Planning For The End: Prioritizing Product Reuse And Recycling Can Help Your Business

Today’s retail landscape is characterized by a constant stream of product releases and innovation. Coupled with planned product obsolescence, this leaves the world with a massive amount of excess inventory and a growing stream of product waste. According to Sustainable Brands, the average American throws away 70 pounds of clothing each year. Importantly, the Wall Street Journal notes that product waste, particularly e-waste, not only ends up in U.S. landfills, but also in developing nations — creating a myriad of environmental and human health risks. Yet retailers are well positioned to be at the forefront of waste reduction — without sacrificing business growth — by focusing on the end of a product's life from the start. In fact, a smart sustainability strategy can positively impact the retailer and the environment at the same time. By prioritizing product reuse, retailers may find that they can cut costs, while ensuring high-quality products and increasing brand loyalty.

#RSP16 Webinar Series Delivers Strategy And Planning Insights

  • Published in Trend Watch
The #RSP16 Retail Strategy & Planning webinar series offers a concentrated burst of information, insights and best practices for retail decision-makers. Over four days, from Sept. 19-22, Retail TouchPoints will present seven webinars on some of the industry's hottest topics, including: • Using location data to boost business results; • Harnessing distributed analytics to drive revenue, CX and supply chain excellence; • Building an "advocate army"; and • Safeguarding your e-Commerce business from the ravages of data-scraping "bots".

6 Ways To Develop A Successful, Albeit Small, E-Commerce Team

In this exclusive article, Gabrielle Gallo, Head of E-Commerce for The Sak Brand Group, provides six tips for developing a productive and successful small business team.  It’s a common business complaint — “We don’t have enough resources.” If you’re like many e-Commerce managers, you may be faced with a small team or a tight budget. But that doesn’t mean that you can’t accomplish your goals.

The Survey Says…It’s Time to Close The Gap

It has been said that success in retail boils down to execution. One sure way to boost operational effectiveness is by ensuring you have a complete and accurate view of assets and available inventory at the store level. What is the cost of not knowing? Some retailers estimate that indirect spend cuts into 10% to 15% of their sales revenue. And it doesn’t take much to throw off your accuracy, either: everything from a simple spreadsheet error to new acquisitions, store closings and openings takes its toll on your data. That’s why now is the time to close the gap between what you think you know and what you absolutely need to know about your stores.

JDA Procures $570 Million Equity Investment, Avoids Sale To Honeywell

JDA Software has completed an agreement with Blackstone and its majority owner New Mountain Capital for the private equity firms to invest $570 million to finance a recapitalization of the company, which presently has approximately $2 billion in outstanding debt. The deal would entitle Blackstone to a 40% stake in the company, according to a report from the Wall Street Journal. Honeywell was reportedly in talks to purchase JDA outright, but this move seems to have averted that deal. The new funding will be used to fuel JDA’s product innovation and growth plans to deliver its next generation cloud-based supply chain and omnichannel retail solutions, including the JDA Retail.me platform. The new equity investment is expected to be completed by early Q4 2016, pending customary closing conditions.

Ready To Implement An Omnichannel Solution? Five Factors To Consider

Every retailer is grappling with the challenge of how best to create a seamless omnichannel presence. As the number of disparate, nonlinear touch points along the customer lifecycle journey continue to multiply, it’s up to brands to figure out how to effectively connect with their customers at each juncture.  Consumers have more choices than ever when it comes to how and when they access e-Commerce brands, and while most retailers understand that omnichannel is a necessity, it’s extremely difficult to have the proper architecture in place to gather, exchange and draw insight from various sources of raw data. Even the best omnichannel solutions in the world will prove useless without the proper organizational foundation in place. 

Scandit Rolls Out Mobile Data Capture Platform To Simplify App Management

Scandit has launched Scandit Flow, a mobile data capture development platform designed to support a wide variety of barcode-scanning-intensive workflows across the supply chain, including Proof of Delivery, Inventory Management and Asset Management. Flow uses Scandit’s barcode scanning technology, which provides high performance, speed and accuracy in a variety of adverse scanning conditions (e.g. damaged labels, blurry barcodes, glare or low light).
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