Guest Column | By Keith Jelinek, Rick Maicki, Rich Vitaro, and Christopher Ventry; Berkeley Research Group
The continuing evolution of shoppers creates new demands on retailers that impact all aspects of the business, from stores to backstage operations to information technology and supply chain capabilities — including home delivery. The disruption continues to drive concern with investors, creditors, industry analysts, and — most of all — companies themselves.
In any data migration, business continuity comes first. When an organization doesn't give itself enough time and resources to complete the important upfront work, data optimization falls by the wayside in the need to get the system up and running.
A conversation with Greg Holder, Compliance Networks
Vendor compliance programs detect compliance problems and ultimately prevent them altogether, which has a critical impact on the supply chain. We connected with Greg Holder, CEO and founder of Compliance Networks, to learn more about how vendor compliance improves supply chain performance. Here's what he had to say.
In trying to keep up with the modern consumer, many fashion retailers have implemented multiple departmental solutions piecemeal, without fully considering the consequences of how these disparate systems will interact with each other. The result is a hodgepodge of processes that require significant resources to maintain. The inefficiencies and the demands they place on the organization leave retailers stuck in the past, inhibiting growth and innovation.
Guest Column | By Corali-Lopez Castro and Mindy Kubs, Kozyak Tropin & Throckmorton
If the past is any prediction of the future, we can expect future bankruptcy filings by those retail companies nearing maturity on significant debt obligations, while at the same time experiencing decreased profits caused by under-performing stores and an inadequate e-commerce platform.