Consumers today want more information about the products they purchase, use and consume. Shoppers are going beyond the traditional value drivers of price, performance and convenience in the way they value and purchase brands. Emerging drivers such as health and social responsibility are also wrapped in consumer expectations of transparency. Adaptability is key to meet increased expectations of today's consumers. Download the report to find out more.
Grocery retailers face many challenging obstacles. With e-commerce shaking up the food retail landscape and consumers' desire for a more personalized shopping experience, retailers must shift their focus from the products they traditionally offer to other common goods consumers crave. Many retailers are now tapping the power of a rising tide within the consumer market to increase sales. Watch the video for more details.
To deal with the challenges of today's global economy, companies need to transform their supply chains into information-driven value chains. Join CHEP supply chain expert Charlene Sedgewick as she discusses changing processes to eliminate inefficient ordering in order to achieve reduced DC labor costs, improved dock capacity and on-shelf availability, all while generating a positive environmental impact. Listen to the recording or view the presentation.
Rapidly evolving consumer shopping behaviors are transforming the food retail landscape. Understanding the latest developments is a core tenet of food manufacturers' channel strategies. Explore the issues impacting the industry in an in-depth review of survey results from the FMI 2018 Food Retailing Industry Speaks report. Listen to the webinar or download the presentation.
Beacon Roofing Supply reported a nearly 47% year-over-year increase in sales to $6.42 billion and net income of $98.6 million for its fiscal 2018. Beacon's acquisition of Allied Building Products in 2017 contributed to the bolstered figures.
Manufacturers can build supportive partnerships with suppliers that lead to mutual gains by taking a less adversarial approach to supplier scorecards, writes Justin Stewart of Indian River Consulting Group. To achieve this, focus on a few metrics that are directly tied to performance.
Maintain a successful recycling program by staying up-to-date with standards, making sure data is permanently erased and entering a partnership characterized by trust, writes Brent Kelley, CEO of PowerON. Even companies with well-established environmental policies should continue trying to improve, Kelley writes.
Tesla has partnered with several outside firms including Adesa and Manheim to help inspect, recondition and resell used Tesla cars in a wholesale environment, say sources familiar with the arrangement. Such a plan would diverge from the company's typical practices, which have involved providing repairs through self-owned service centers and direct-to-consumer sales.
China has added 32 new products to its list of prohibited solid waste imports, effective Dec. 31. The products include auto parts, hardware, and stainless steel scrap.
Blockchain has the potential to reduce costs related to warranties, insurance claims and counterfeiting that end up being born by customers, writes Adam Yates of Apla.
"By putting its insurance processes on a blockchain, an [insurer] could reduce claims regulation costs by up 30 percent," he adds.
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