Cloud Computing Offers Obvious Advantages for Your Business. But Is Your Critical Data Protected as Well as Leveraged to Its Full Potential?
Cloud computing offers dynamic capabilities, such as flexible configurations, as well as ubiquitous user access from every geographic location and time zone. For core business activities such as transportation scheduling, warehouse management and point-of-sale (POS) data collection, cloud computing is ideally suited to manage extremely large data volumes and multiple collaborative relationships across the supply chain, seamlessly and invisibly.
Four Critical Strategies for Managing Assortments in Today's Omni-Channel, Customer-Centric Retail Environment
Today, more than ever, retailers' mission-critical objective is to gain a greater understanding of who their customers are, what they buy, how they shop and in which channels. They must also view assortments comprehensively across all functional aspects including planning, supply chain, pricing and visual merchandising.
To Achieve Maximum Profit, Retailers Must Focus on How Shoppers Define Value at Every Phase of the Product Lifecycle
Whether a product's lifecycle is two months or two years, there are three key phases of pricing that must be managed strategically in order to maximize ultimate profitability: everyday pricing, promotional pricing and markdown pricing. In order to apply pricing as a strategic tool, retailers cannot apply a one-size-fits-all pricing approach — but must apply the right price at exactly the right time in order to support shopper loyalty and long-term profitability.
Four Key Strategies for Achieving a Profitable-Agile Supply Chain
One of the fundamental goals of any enterprise is to deliver an adequate return on investment for its investors or owners. This goal is typically reflected in a return-on-investment equation such as return on assets (ROA), return on invested capital, or economic profit. Supply chain practitioners play a critical role in this process, as they manage the people, processes, metrics and technologies that support various aspects of the ROA equation. Yet, it has become increasingly difficult for companies to reliably deliver an adequate return in today's continuously changing business environment.
True Transportation Optimization Requires a Broader Perspective That Maximizes Service Across All Orders While Also Minimizing Costs
Retailers, manufacturers and other shippers find themselves in a difficult position these days. They operate global transportation networks composed of their own assets, as well as various tiers of third-party carriers, to serve customers around the world. They manage high levels of order volatility as consumer confidence continues to rise and fall. Increased competition forces them to keep costs as low as possible while still maximizing service levels.
The Rise of Tech-Savvy Shoppers Is Changing the Nature of the Online Grocery Channel
Five key strategies that industry stakeholders can leverage to successfully serve Generation C shoppers to achieve profitability and growth.
Hoteliers Leverage a Quantitative Approach to Drive Business Performance
To turn transparency from a threat into an opportunity, hotel operators must take a data-driven approach to identify and consider the right competitors at any given time. This requires putting aside gut-feel and preconceptions — and taking a more quantitative approach that measures customer responses to price changes, competitors' price changes, competitive attributes and recurring patterns like seasonal trends.
