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Supplier competition heats up as retailers focus on speed and precision

[fa icon="calendar'] May 18, 2018 3:00:00 AM / by Charles Mortemard posted in Industry News, Industry Challenges

 

Dive Brief:

    • Becoming a preferred supplier with top retailers is about to become a heated competition as supply chains accelerate and retailers increasingly focus on "speed and precision," a McKinsey&Company article reads.
    • Some retailers like Kroger and Walmart are already fining late shipments from suppliers, plus delivering smaller shipments faster, as retailers seek more control over inventory.
    • Suppliers that exceed retailers' expectations will "have the opportunity get ahead of their rivals by capturing market share in increasingly important online channels and securing preferred-supplier status with major customers," according to McKinsey.
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A Smart Retail Return Policy Is Much More Than Free Shipping

[fa icon="calendar'] May 15, 2018 3:00:00 AM / by Charles Mortemard posted in Industry News, Industry Challenges

Consumers hate to pay for product returns, so when mainstream media looks at retail returns, that tends to be their focus. 

A report by CNBC asks this question about retail return policies:

“How is it that, living in a world where marketers can track

 our moves online and off like never before, when they can build sophisticated models factoring in what we buy, what we read, what we like, how we sleep, and our favorite song, online retailers are still charging for return shipping when they could be making so much more if they didn't?”

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A new way to automatically build road maps from aerial images

[fa icon="calendar'] May 11, 2018 3:00:00 AM / by Charles Mortemard posted in Industry News, Industry Challenges

“RoadTracer” system from the Computer Science and Artificial Intelligence Laboratory could reduce workload for developers of apps like Google Maps.

Map apps may have changed our world, but they still haven’t mapped all of it yet. Specifically, mapping roads can be difficult and tedious: Even after taking aerial images, companies still have to spend many hours manually tracing out roads. As a result, even companies like Google haven’t yet gotten around to mapping the vast majority of the more than 20 million miles of roadsacross the globe.

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Retailers go the 'extra mile' as e-commerce costs grow

[fa icon="calendar'] May 8, 2018 3:00:00 AM / by Charles Mortemard posted in Industry News, Industry Challenges

Dive Brief:

  • E-commerce logistics costs in the U.S. reached $117.2 billion in 2017, according to a report consulting firm Armstrong & Associates (A&A) provided to Supply Chain Dive. E-commerce costs represent 6.9% of total U.S. logistics costs, an increase from 5.2% in 2016.
  • Amazon's introduction of Amazon Prime was the "turning point" for e-commerce logistics, A&A said in its report. With the promise of free two-day shipping, the online giant created a "new normal" for consumer deliveries.
  • A&A named three factors — delivery speed, delivery price and assortment — as the biggest factors that have transformed e-commerce logistics and created challenges for retailers
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The Carrefour network chose the Geoconcept tools to better grow on the Belgian market

[fa icon="calendar'] May 4, 2018 11:15:15 AM / by Charles Mortemard

The retail giant Carrefour has decided to rely on Geoconcept, the specialist of design and publishing of cartographic optimization solutions, to continue its growth in Belgium.

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Alibaba and Fonterra pilot blockchain technology in fight against food fraud

[fa icon="calendar'] May 4, 2018 3:00:00 AM / by Charles Mortemard posted in Industry News, Industry Challenges

Chinese e-commerce giant Alibaba has teamed up with Fonterra to trial its Food Trust Framework, an initiative that uses blockchain technology to track consumers food across its supply chain. 

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Retailers shift priorities to conquer the 'new battleground' of urban logistics

[fa icon="calendar'] May 1, 2018 3:00:00 AM / by Charles Mortemard posted in Industry News, Industry Challenges

Dive Brief:

  • Retailers are shifting their strategies to provide better service for consumers, with nearly half in a survey by Auburn University saying their supply chain management strategy is to balance cost and service. By contrast, only 8% said their strategic focus is to cut costs. 

To enhance service, retailers are focusing on urban markets. 80% surveyed said urban fulfillment is an area of growth, with one respondent describing urban logistics as "the new battleground."

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Webinar Route optimization APIs, May 10

[fa icon="calendar'] Apr 28, 2018 9:06:50 AM / by Cheli Zhao posted in Geoconcept News

Make YOUR solution a complete platform by integrating Geoptimization APIs!

Check-out how to your Apps can generate +30% sales activities while minimizing costs.

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Consumers demanding supply chain visibility and performance

[fa icon="calendar'] Apr 27, 2018 3:00:00 AM / by Charles Mortemard

According to a global survey, 78% of consumers want to receive updates on the status of their orders when purchasing goods, and they won't hesitate to switch brands if supply chain performance fails to meet their expectations. 

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The Carrefour network chose the Geoconcept tools to better grow on the Belgian market

[fa icon="calendar'] Apr 25, 2018 5:31:31 AM / by Charles Mortemard

The retail giant Carrefour has decided to rely on Geoconcept, the specialist of design and publishing of cartographic optimization solutions, to continue its growth in Belgium.

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