How do you achieve an accurate forecast in retail? Enter ‘flowcastin’. By Penelope Ody
Browsing: Logistics & Supply Chain
Two of the three finalists in the Public Sector/ Not for Profit category, International Federation of the Red Cross (IFRC) and NHS Supply Chain, were old friends of the Awards.
As always there was a crowded field in the Retail and Distribution category, with finalists including Rexel Senate, Deutsche Woolworth, Mexx, Asda, and Sainsburys.
Rexel Senate has 95 UK branches wholesaling and distributing domestic and industrial elect
Interest in RFID has been preoccupied with stock keeping but signs of a more innovative approach are evolving.
Price deflation, globalisation, rising costs, increasing competition from online operations and supermarkets, and ever-more demanding consumers: it all adds up to an extremely tough trading environment for fashion retailers – but Europe offers significant
What will the supply chain of the future look like? How will risks in the supply chain be addressed? Will global sourcing continue unabated? Our ‘Supply Chain Vision Group’ offered their best predictions.
On October 4th the Belgian logistics associations VIB and ABCAL held their annual gala event to announce the winner of the Supply Chain Award – Project of the Year 2006.
Supply chain costs as a percentage of revenue are increasing for retailers. A new strategic approach is needed if costs are to be minimised and margins increased. So, what makes a winning retail supply chain?
Clothing retailers are turning to rapid response supply chains to deliver a cutting edge – leading to 50 per cent reduction in out-ofstocks and a three per cent improvement in margins. This, along with the rising importance of internet sales, is creating
Local sourcing is a relatively new challenge to the supply chains of retailers in the UK, but one which looks set to grow in significance.