Just what is retail? I have had an intimate relationship with retailing for many years, and I am not sure that I really know the answer myself. I suppose that one might say at its most fundamental level, retailing is the process of establishing a connection with a consumer or end-user in order to facilitate [...]
When I was an undergraduate studying Economics and Mathematics at university in Canada, “beer games” had everything to do with chugging pint-sized glasses of alcoholic malted beverages as quickly as possible, and as frequently as possible, while minimizing the spillage of the precious amber liquid. Little did I know at that time that something called [...]
Most practitioners in 21st century sustainable supply chains know – or at least think we know – what is meant by the term “carbon footprint.” But measuring the carbon footprint of products, activities, processes and people is a highly complex endeavor. Of course, our goal ought to be to craft a methodology that is clear, [...]
The name of Dr. Eliyahu Goldratt will be familiar to many practitioners in the fields of Operations and Supply Chain Management. Author of the brilliant treatise The Goal, Goldratt articulated the famous Theory of Constraints philosophy of management. In this informative little 10-minute video, Dr. Goldratt explains the dangers of failing to think “globally” – [...]
My professional background is predominantly in retailing. I cannot begin to relate the number of times great ideas have met with failure due to the inability of different areas to communicate and work together as a team. Promotions are critical to the sales performance in many retailers. My son delivers newspapers to our neighbours that [...]
For businesses in London and throughout the United Kingdom, the Olympic Games promises to bring a bonanza of commercial activity that has never been enjoyed on the British Isles. The eyes of the world will be focused upon England. Beneath the veneer of the Games, however, life and commerce must go on. Goods need to [...]
The Retail Council of Canada (RCC) has presented its 2012 Excellence in Retailing Award for Technology to the LCBO (Liquor Control Board of Ontario) for its deployment of supply chain systems designed by QLogitek. This was one of 13 prestigious accolades conferred at last evening’s Excellence in Retail Awards Dinner including three Awards of Distinction and [...]
Module 5 of the excellent “What is Supply Chain Management” series, produced by ASU and the W. P. Carey School of Business, discusses the relevance of supply chain management to retail operations. The careers of many of my colleagues in the profession of supply chain management were forged in manufacturing. Indeed, it was the factory [...]
Just how powerful are National Brands? For retailers who have relied upon big brand names and consumer loyalty to a specific label, the sand seems to have shifted beneath their feet. And with ubiquitous outsourcing of production from traditional geographical areas upon which brand reputation was built, to offshore factories and assemblers, do brands still [...]
The European Supply Chain Excellence Awards were launched in 1997 as an initiative to recognise and reward organisations in Europe that demonstrate excellence in their supply chain operations. The 2012 Awards will be presented in London, England on November 6, 2012. The deadline for entries is June 8, 2012. For more information and to register [...]
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