Amazon has launched the Amazon Professional Beauty Store, an online service that offers beauty products for professional stylists. Amazon is limiting professional-product sales to buyers with cosmetology, barber or other licenses.
Reverse logistics technology trails that of the rest of the retail cycle even though the handling of the post-sale process "can be the difference in their profit and loss for the year," says Michael Manzione, president and CEO of Rakuten Super Logistics. Technology areas to watch, according to this analysis, include visibility, repurposing existing tech for reverse logistics and advanced data analytics.
Refurbishment programs are most cost-effective when companies can avoid large lifetime orders and can save money compared with new parts, although industries have different approaches to the matter, write Ken Ueltzen & Mark Anderson of Cokeva. "It is making sure your policy meets the expectation of your customer that is important," they write.
Returns are more likely with online orders and a Business Insider Intelligence report looks at opportunities for businesses in the fast-growing reverse logistics market. "Sixty-four percent of shoppers stated they would be hesitant to shop at a retailer ever again if they found issues with the returns process," Ayoub Aouad writes.
Environmental goals, including water conservation and the promotion of a circular economy, were a priority for 3M, Ecolab and other chemical makers at the Circularity 19 conference in Minnesota. 3M, which has a new environmental performance policy in place, announced that it will source the plastic fibers used in two of its product lines from recycled materials.
Ford completed $1 billion in upgrades at its two Chicago plants, including new body and paint shops, a revamped cafeteria and break room, and improved parking security. The latest Ford Explorer, Lincoln Aviator and Police Interceptor Utility vehicles will be produced at the plants, where 500 jobs were added.
The 5G mobile broadband standard will affect everything from autonomous vehicles and drones to fleet management, according to the CSCMP 2019 State of Logistics report, compiled with A.T. Kearney and Penske. Its "seamless execution and unassisted operations will transform the business economics fundamentally in the industry," said report author and A.T. Kearney partner Michael Zimmerman.
Ship operators are expected to incur enormous costs as they transition to comply with new emissions standards and are expected to pass part of those expenses along to truckers, container operators and other goods transporters, writes Jonathan Saul, Lisa Baertlein and Martinne Geller. The writers call this the "biggest shakeup in decades" for shippers, and Cas Pouderoyen of global logistics company Agility said the changes "will undoubtedly force many exporters and importers to review their sourcing strategies and vendors."
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