International Expansion in Retail (Infographic)

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Infographic provided by Patrick Thuot at http://storetraffic.com

 

“We are going to expand in to the U.S.!”

I heard this refrain many, many times.  The growth and success that a Retailer experiences as they expand in their original, domestic market inspires a level of confidence in the company’s ability to expand beyond it’s geographic borders.

But is it that easy? The road to international expansion in Retail has been successfully travelled but it is also lined with a lot of accidents and failures.

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Global Process Excellence (Part 4) – Introducing Lean In Retail … Start in the Backroom!

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The Retail company I had just joined was undergoing a massive transformation.  Fundamentally the new merchandising strategy was to curate a dramatically different set of products from that which was carried historically, but in addition to what was carried historically.

This meant that an enormous number of the business processes had to be transformed to support the new product set because management of the new merchandise required much different capabilities in all aspects of running a retail company.  Not only did this transformation require new capabilities but it also required  improvements to productivity and efficiency throughout the company.  And overall this meant a need for cultural change.

I decided that I would introduce Lean process improvement techniques to this company.

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Amazon by the Numbers! Time to find your place in an Amazon World! (Infographic)

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Guest blog content provided by Jeff Ashcroft, Vice President Business Development at Tangentia & IBM Futurist

 

Whether you love, hate or remain neutral on Amazon, one can only marvel and admire the numbers Amazon are already driving in 2017 which only appear to be accelerating.

The infographic from Fortna in this post from Jeff Ashcroft provides a startling picture of where Amazon is at currently and how by 2021 they’re expected to handle over half of online e-commerce transactions with Walmart now only at 5% and growing!

https://www.linkedin.com/pulse/time-find-your-place-amazon-world-jeff-ashcroft

 

Guest blog content provided by Jeff Ashcroft, Vice President Business Development at Tangentia & IBM Futurist.  Learn more about Tangentia at   http://www.tangentia.com

 

Check out   E-Commerce (Part 7) – Competing against Amazon? You Need A Blue Ocean Strategy!

#Amazon #ECommerce #B2C #Retail #SupplyChain

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E-Commerce (Part 3) – Get Ready for Holiday Now … Make It Boring (From A Supply Chain Perspective)!

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The 2016 Holiday season finished recently.  And the 2017 Holiday season may seem far away.  But in the area of E-Commerce Fulfillment it will be here before you know it.  Now is the time to begin implementing the improvements and strategies you need to make this coming Holiday season more successful than last year.

Having gone through the ups and downs and stresses of several Retail Holiday seasons myself, one January I gave this direction to my team.  For the upcoming Holiday our theme was that we were going to have a BORING Holiday season … from a Supply Chain perspective.

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What are the Supply Chain Impacts of Amazon’s Whole Foods Acquisition?

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Blog post provided by http://argentus.com.  Argentus is a boutique recruitment firm focused on Supply Chain and Procurement.

Big news out of the grocery retail world as Amazon has announced its acquisition of major organic foods retailer Whole Foods Market – for an eye-popping $13.7 billion sale price that doesn’t look so massive given Amazon’s $136 billion sales volume in 2016.

Analysts across the retail industry are talking about the huge implications of this sale for a retail industry that many say is in the middle of a major meltdown, in part owing to Amazon’s massive growth in the eCommerce space. This foray into the grocery business is a big challenge to companies like Target, Wal-Mart, and others, and also a sign that reports of brick and mortar retail’s demise might be greatly exaggerated.

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Is The Retail Industry Melting Down?

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Blog post provided by http://argentus.com.  Argentus is a boutique recruitment firm focused on Supply Chain and Procurement.

It doesn’t take a genius to see that the retail industry has changed over the past decade and a half. The arrival of Amazon and other eCommerce platforms on the scene has caused a sea change in the way people shop. Retailers have increasingly been forced to sink or swim based not on marketing or product differentiation – as in the past – but on the success of their Supply Chains and eCommerce operations. It’s kind of a wild west, and the most successful players being those who can harness Omnichannel distribution, and avoid excess inventory that will leave them in the dust.

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Omni-channel vs Multi-channel: How many E-Commerce Fulfillment Solutions do you have?

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“Omnichannel” is certainly the prevalent phrase in the E-Commerce arena.  The expectation in an Omnichannel world is that a customer can order what they want, when they want, on whatever device they want, and have it delivered how they want.

The physical delivery part of the Omnichannel expectation can be very elusive.  Many companies claim that they are Omnichannel service providers.  But are they really?

How many E-Commerce Fulfillment options are there?  And how many do you provide in your company?

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