Get Smart May 13, 2008
Posted by Meg Suggs in Actionable Intelligence, Supply Chain Visibility.add a comment
2008 has shaped up to be great year for movies thus far. In addition to the release of the recent blockbuster hit Iron Man, the highly anticipated Indiana Jones and the Kingdom of the Crystal Skull will be released May 22 and Edward Norton will do his best this coming June to convince us he’s a worthy Incredible Hulk. Another great movie to look forward to is Get Smart with none other than Steve Carrell. Maxwell Smart seems a suitable role to compliment his comedic talents, and who didn’t love this classic sitcom?
Doug Kern on the Rise of the White Hat Retailer May 6, 2008
Posted by Meg Suggs in Actionable Intelligence.Tags: Deduction Management, supply chain, Vendor Deductions, white hat retailers
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Doug Kern, Product Marketing Manager at Inovis, talks about vendor deductions and the rise of the white hat retailers.
Inflation and the Supply Chain May 5, 2008
Posted by mhattoninovis in Actionable Intelligence.Tags: AMR, GS1, logistics, rise of inflation, supply chain
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Image Source: http://edweb.sdsu.edu/
The rise of inflation is impacting businesses, especially on the supply chain side. Companies are finding the increase in commodity prices, like fuel and other raw materials, difficult to deal with and painfully impacting to the bottom line. The challenge is passing all, or at least some, of these increased costs along to the customer. You see, most products have a fairly elastic demand, meaning as the price for the product increases, demand decreases. So what are companies doing to offset cost inflation?
Well, according to a recent Supply & Demand Chain Executive article, some companies are indeed passing along the increase in costs to customers through effective price increases. In fact, 44% of companies are doing this through price increases, volume/quantity decreases, or promotion reductions.
Hangin’ with Shamu at VCF in Orlando April 21, 2008
Posted by Randal Stocker in Actionable Intelligence.Tags: AHMA conference, Chargeback Avoidance, chargeback issues, chargeback solutions, chargebacks, data synchronization, GTIN, MDM, VCF show, Vendor Compliance
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Got back from the VCF show in Orlando last week. As usual, when you are out of the office for a few days, it takes about a week to catch up, so that explains why I am a few days late in getting this post written.
As I talked about in this last post, industry shows like VCF are an excellent way to get ahead of the curve by knowing what new initiatives your customers and suppliers are working on, what the marketplace has to offer to address your current headaches and to gauge yourself against your competition. These shows offer a huge advantage.
