Shoplifting is at record levels ($115 billion from July 2008-June 2009) and this is causing supply chain problems, not only for the retailers, but also for consumer goods manufacturers.
The Centre for Retail Research (CRR) published its annual Global Retail Theft Barometer report on November 10th. CRR interviewed 1,069 large retailers with total revenue of $822 billion. A summary of the report is available at here. … Continue reading
Senator Max Baucus (D-Mont.) and the Finance Committee he chairs in the U.S. Senate have been in the spotlight the past few months over healthcare reform. But did you know that he and Senator Chuck Grassley (R‐IA) introduced a bill back in August to facilitate trade processes? The Customs Facilitation and Trade Enforcement Reauthorization Act of 2009 aims to rebalance the focus of U.S. Customs and Border Protection… Continue reading
The other day I received a package from Manhattan Associates (an ARC client) via Priority Mail. I had to use a knife to cut through the shipping tape, and when I opened the package there was a pretty little blue box, very Tiffany-like, inside with a white ribbon on it. I had to use scissors to cut the ribbon off, and after all that effort, when I finally opened the… Continue reading
Do you know how some couples need to take a break from each other, and then they get back together after some time, get married, and live happily ever after?
JDA and i2 (an ARC client) first announced their engagement in August 2008. Then as the financial market meltdown intensified, the wedding was called off in December, with JDA paying i2 a $20 million termination fee. Yesterday, after spending… Continue reading
At many companies, the vision statement is comprised of empty words. Not at IKEA, where the company has a clear vision and its various functions work together to support its distinctive value proposition.
IKEA, the world’s largest home furnishings retailer, has a vision of providing “well designed, functional home furnishings [at] prices so low that as many people as possible will be able to afford them.” But the… Continue reading
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