Staples Canada is testing co-working spaces and digital-focused services such as web design and audio bars at two locations in Canada. CEO David Boone says Staples hopes to appeal to entrepreneurs and digital natives that want an easier shopping experience.
Transportation management systems save companies an average of 8% on freight costs, and those benefits could stretch even further with the incorporation of machine learning, writes Steve Banker, citing ARC Advisory Group data. With machine learning, transportation management systems could also offer advanced insights into on-time deliveries, he writes.
Every business should have a process in place for employees to tailor proposals depending on audience type, writes Nancy Duarte. Mid-level managers need details, senior executives want the bottom line right away, peers respond to commonly-shared verbiage and a company-wide proposal should emotionally connect employees with the outcome, she writes.
Amazon has been cutting some low-priced, low-margin goods and is working with manufacturers to change packaging as the company focuses more on boosting profits, sources said. Some goods like bottled water and other grocery items that sell for $15 or less are heavy and costly to ship.
AmerisourceBergen will spend $13 million to expand a distribution center in Louisville, Ky., which could create more than 130 jobs. The state Economic Development Finance Authority has given the company initial clearance for almost $1.4 million in incentives.
Some retailers are happy to dump items onto resellers who might place those products on Amazon or other platforms because the cost of returns can be prohibitive. "The process of reversing an online order has many steps and includes the cost of the delivery as well as the many touches -- each of which comes with a labor cost -- that move the item back into inventory," says CBRE executive David Egan.
An Autolist analysis of vehicle listings in 2018 suggests that Tesla's Model S and Model X have the highest resale value among large luxury sedans and SUVs.
A high rate of returns and a lack of entrants has made reverse logistics a high-margin, growing part of India's economy, according to this analysis. "Compared to the expectation during supply chain design, reverse logistics volumes have turned out to be higher for e-tailers," says Nishant Nishchal of A.T. Kearney.
Manufacturers can succeed in direct-to-consumer sales without damaging existing distributor relationships by offering products or services that support downstream partners or hook consumers in ways distributors can't ignore, write Ned Calder, Shahriar Parvarandeh and Michael Brady of Innosight. They also suggest reaching out to consumer segments that are underserved or ignored by most distributors.
Aerospace manufacturers such as Boeing and Airbus are using 3D printing to quickly and economically produce parts that were previously impossible with traditional manufacturing processes. The technology is also leading to lighter parts that reduce fuel consumption and emissions.
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