The word ‘”blockchain” has been buzzing around the supply chain and logistics space for the past several years. Recently, the concept of blockchain has emerged as a legitimate component in the supply chain world and there are many definite advantages of how blockchain can transform operations. Blockchain is a distributed database that holds records of digital data or events in a tamper-resistant and secure way. While many users may access, inspect, or add to the data, they cannot change or delete it. The original information stays put, leaving a permanent…
Fast fashion has rapidly evolved into a significant sector within the fashion industry and the majority of the credit goes to their supply chain. Let’s take a look at a few of the factors influencing this trend.
Zara, the well-known clothing retailer closely controls its supply chain while also keeping a significant portion of its production in-house. This allows for more flexibility in the quantity, frequency, and variety of new products being launched. Zara adapts couture designs, manufactures, distributes, and retails clothes within two weeks of the original design first appearing on…
Halfway through 2018, we are seeing a major evolution within the ecommerce world. While growth of in-store purchases is seeing minimal increases, ecommerce sales for small, medium and large business are growing at a rapid pace. In the first quarter of 2018, Walmart saw its ecommerce sales grow 33% percent. This was sparked by the growth in online grocery sales, a complete website re-design and strategic partnerships with brands like Lord & Taylor. Walmart continues to transform its online grocery business and re-outfitting its stores to adjust for…
Don’t look now, but the year is more than half over! The retail landscape is changing on a daily basis and there are several trends that are taking the industry by storm. Here is a list of the five trends that have had the most impact during the first half of 2018.
Multi-Channel shopping is here to stay. Omni-channel shoppers spend three times as much as customers who only spend time in a physical store. Click-and-collect shopping is becoming more popular as many customers prefer to spend less time in a…
Is Performance Team heading to a city near you? We are excited to share our upcoming conference travel schedule. We love having the opportunity to visit new cities while connecting and learning from some of the best minds in the supply chain industry.
Our first stop will be at the Retail Industry Leaders Association 2018 Retail Supply Chain Conference in Phoenix, Arizona from February 25-28, 2018. The Retail Supply Chain Conference is the only event of its kind — gathering top executives in retail supply chain to network and learn. This…