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Crafting Effective Solutions For Retail Supply Chain Management

Retail Minded

Effectively managing a retail supply chain is essential for meeting customer demands and maintaining a competitive edge in the market. Tackling retail supply chain challenges is a blend of smart strategies and the right technologies.

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Blockchain in supply chain management: enhancing transparency

Retail Times

In today’s interconnected world, supply chain management plays a vital role in ensuring the smooth flow of goods and services from raw materials to the end consumers. To address these issues, the emergence of blockchain technology […] If you want more information Retail Times get in touch!

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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 per share on Sept. The news of the acquisition bid sent shares of Purple soaring to approximately $3.85 when markets opened Sept.

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How Enterprise Modernization and Artificial Intelligence are Charting a New Course for the Consumer Industry

Retail TouchPoints

The latest Consumer Price Index (CPI) data highlights a significant deceleration in inflation, now standing at half of last year’s peak. This moderating trend in inflation is an encouraging development, but it is not without its caveats, particularly within the dynamic and complex terrain of the retail and consumer goods industries.

Consumer 230
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Private Label’s Growth Could Be Lasting — if Retailers Listen to Consumers’ Sustainability Preferences

Retail TouchPoints

The Private Label Manufacturers Association reported that sales of private label consumer packaged goods soared 11% last year to nearly $230 billion. Sales of store brand products often rise during periods of economic hardship, and it’s clear that double-digit inflation has spurred consumers to turn to cheaper alternatives to save money.

Consumer 213
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Traceability is the Foundation of Supply Chain Due Diligence

Retail TouchPoints

It’s also a response to changing consumer behaviors. Today’s consumers are increasingly aware of the social and environmental footprint of their purchases, with 75% of U.S. consumers now saying they’re concerned about the environmental impact of products they buy.

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Canada’s New Supply Chain Bill Creates Obligations for Retailers

Retail TouchPoints

Meeting Bill S-211’s Requirements Complying with the law will pose considerable challenges, especially for brands and retailers that must navigate complex global supply chains of hundreds of suppliers. These platforms create a window into an enterprise’s entire supplier base, enabling the traceability that Bill S-211 requires.