| 1/29/2008 |
Paula Rosenblum |
| What's the 'Perfect Order'? |
The “Perfect Order” has long been considered one that is received by a retailer on time, and with the correct ordered quantities. And it’s been a holy grail for retailers and vendors alike. It seems simple enough – send me what I asked for, when I ask for it, in the quantities I asked to receive. And if you don’t, I’ll probably punish you with a charge back, just as my customers will punish me for the out-of-stock that will result from an “imperfect order.” But delivering perfect orders consistently has been an elusive task.
Its components may have changed, but the Perfect Order remains a retail metric that matters. Are you scorecarding your suppliers on the frequency of these Perfect Orders? If not, why not?
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| keywords: Retail, IT, Merchants, Order Fulfillment, Out-of-Stocks |
| 1/22/2008 |
Steve Rowen |
| Merchandising 2008: A Question of Singularity |
Can today’s merchandising solutions account for singularities (such as economic downturn) better today than they could 20 years ago?
In essence, can the current generation of forecasting tools help retailers maximize their inventory turn even if the economy slumps?
(Please keep in mind, this discussion centers around those selling general merchandise and apparel, as food and fast-moving consumer goods retailers are in a position to alter inventory much quicker)
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| keywords: Retail, IT, Merchandising, Forecasting, Technology, Economy, Recession |
| 1/15/2008 |
Brian Kilcourse |
| Cooperation vs. Coercion |
Are retailers and their partners ready to really work together?
When RSR advises technology providers about working with retailers, we always point out that above all, retailers are great buyers. Although the line between the “art” and “science” of buying is constantly debated, the competency bar has been set so high by such companies such as Wal-Mart, Target, and Home Depot, that many retailers are seeking to merely even the playing field on the buy-side of their businesses. One thing that the above-mentioned retailers share in common, that other retailers should emulate, is that they take a collaborative rather than a coercive approach towards their wholesale and manufacturing partners, working with them to co-manage categories of merchandise for mutual benefit.
What stands in the way of these partners in the retail value chain from truly integrating their inter-corporate processes?
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| keywords: Collaboration, Retail Technology, IT, Home Depot, Target, Wal-Mart |
| 1/8/2008 |
Steve Rowen |
| What's Big for E-Commerce in 2008? |
The dust has settled on Holiday 2007 sales. And by all accounts, the year proved to fulfill predictions that e-commerce would hit record percentage of holiday sales (PR Newswire puts the total at 29.2 Billion, up 19 percent from just last year). But what can we learn for the New Year?
Will more retailers outsource their e-commerce activities? Will Private Label Merchandise dominate online sales? What do you see as big in '08?
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| keywords: Retail, Online Shopping, E-Commerce, Multi-Channel, Holiday Sales |
| 1/7/2008 |
Nikki Baird |
| A Mobile Shopping Scenario |
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| keywords: Mobile shopping, retail technology |
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