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Amazon Adding Supply Chain Management Service for Sellers

Independent Retailer

As companies try to get tighter control over the flow of goods from factories to consumers, Amazon recently launched a supply-chain management service to its web services business. . Continued Supply Chain Disturbances. Related articles: Amazon to Increase Selling Fees in 2023.

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Purple Shares Ascend Following Coliseum Capital Management Acquisition Bid

Retail TouchPoints

Purple Innovation has confirmed that investment firm Coliseum Capital Management made an unsolicited, non-binding proposal to acquire all outstanding capital stock of the digitally native mattress company for $4.35 19, 2022, up from $2.79 16, 2022 — an increase of nearly 39%. per share on Sept. when markets opened Sept.

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Traceability is the Foundation of Supply Chain Due Diligence

Retail TouchPoints

Enacted last year, the German Supply Chain Act (LkSG) requires large companies operating in the country to establish preventative measures to prevent child labor, poor working conditions, and environmental abuses at all levels of their supply chain. It’s also a response to changing consumer behaviors.

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REI Appoints First Chief Supply Chain Officer to Support Growth Initiatives

Retail TouchPoints

REI Co-op has named Sylvia Wilks to the newly created role of SVP, Chief Supply Chain Officer, effective May 23, 2022. Wilks will be responsible for the strategic leadership of REI’s global supply chain, working with other leaders across the organization to develop its network and support the company’s growth.

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Purple Names Supply Chain Veteran as COO

Retail TouchPoints

Purple has appointed supply chain veteran Eric Haynor as its COO, effective June 6, 2022.

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Target Plans Short-Term Profit Margin Hit as it Right-Sizes Inventory for Future Growth

Retail TouchPoints

The changes are expected to ramp up Target’s operating margin to 6% in the second half of 2022, which is higher than the average fall seasonal performance in the years leading up to the pandemic. But right now consumers are still assuming that shelves will always be stocked with products, and retailers will see how far they can ride that.

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Can Nearshoring Prevent the Next Supply Chain Crisis?

Retail TouchPoints

“While we’ve returned to some sense of normalcy, the VUCA [volatile, uncertain, complex and ambiguous] proposition has become a reality,” said Dr. Thomas Goldsby, Professor and Chair in Logistics in the Supply Chain Management Department of the University of Tennessee. Retailers have to right-size consumer expectations.

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