Mikko Kärkkäinen, group CEO at supply chain solution provider, RELEX, says mastering big data and the supply chain is key to business success The UK’s retail supply chain managers know they’re holding too much stock but are worried that cutting
Like-for-like food sales at The Co-operative Group fell 1.1% in the first six months but the Group suffered a £559m loss overall a result of new write-downs in its troubled banking arm. Operating profit in food dipped to £117.4m In
Retailers must embrace online analytics to understand their big data, improve their forecasting and grow sales, claims Michael Feindt, founder of Blue Yonder, a leading provider of predictive analytics As consumer spending confidence falls, retail margins continue to decline, making today’s
DIY and home improvement retailer B&Q has launched a SAP Forecasting and Replenishment application, as part of its Project Clover supply chain transformation programme. The new application is designed to generate savings through stock reduction, improved product availability and better forecasting and
As Met Office figures confirm last month was the wettest April on record, global retail technology provider, Torex, says retailers can adapt to unexpected changes in weather with good merchandise planning systems. Charlotte Kula-Przezwanski, global enterprise practice lead, Torex, said:
Marks & Spencer is aiming to improve in-store availability and reduce end of season mark downs in non-food categories with investment in new software solutions from JDA. The retailer has licensed a number of JDA’s supply chain management solutions to
Retailers need to get closer to their customers to build loyalty, argues Aldata, a global leader in retail and distribution optimisation software. Fiona Briggs reports Retailers are playing a risky game, claims retail and distribution optimisation specialist Aldata. In a
