retail supply chain

Retail boss warns on supply chain, likens demand risk to ‘Big Short’

supply chain

Some quarterly calls by public companies are basically worthless, featuring analysts lobbing softball questions to CEOs who cherry-pick facts to pump their own stock.

And then there was Tuesday afternoon’s call hosted by Gary Friedman, CEO of luxury home furnishings brand RH (NYSE: RH), formerly known as Restoration Hardware.

Friedman — with what one analyst called “brutal honesty” — expounded upon supply chain woes, surging ocean freight rates, soaring inflation and a sudden plunge in consumer...

https://www.freightwaves.com/news/retail-boss-warns-on-supply-chain-compares-demand-risk-to-big-short

Honeywell: Aerospace company or retail powerhouse?

Honeywell proving it's not a one-trick pony with a growing presence in retail

When you think of Honeywell, chances are you’re conjuring up images of aerospace and defense technology, of products like jet engines, satellite communications systems and maybe even quantum computers. But over the years, the massive multinational conglomerate has quietly ventured into a decidedly different setting: retail.

In 2016, Honeywell (NASDAQ: HON) decided to split up its Automation and Control Solutions business into two new segments: Home and Building Technologies (HBT) and Safety and...

https://www.freightwaves.com/news/honeywell-aerospace-company-or-retail-powerhouse

FourKites, Narvar team up to increase visibility in retail supply chain

Narvar and FourKites announced on Wednesday a new partnership that will provide retailers with increased supply chain visibility of their goods from the first to last miles of transit.

The partnership enhances the customer experience, the companies said in a joint release, by allowing brands to gain better control over their shipments.

“The combination of FourKites’ data science breakthroughs and robust carrier network with Narvar’s last-mile solution will bring all of a retailer’s most valuable...

https://www.freightwaves.com/news/fourkites-narvar-team-up-to-increase-visibility-in-retail-supply-chain

Who wants to own a trucking company? Retailers are starting to line up

Retailers looking to buy trucking assets

BJ’s Wholesale Clubs. American Eagle Outfitters. Ashley Furniture. They are among a growing trend of retailers buying up transportation and logistics assets.

Over the last four decades, trucking capacity was generally plentiful and retailers were more than happy to outsource it, explained  Gary Petty, president of the National Private Truck Council (NPTC). Freight rates were low and there was no shortage of “bottom-feeder carriers” willing to haul items cheaply. 

“Companies could pick and choose...

https://www.freightwaves.com/news/supply-chain-crisis-drives-more-retailers-to-buy-logistics-and-trucking-firms

Industrial Internet of Things is remaking the retail supply chain

The traditional supply chain is slowly receiving a makeover, thanks to Industrial Internet of Things (IIoT) technologies that are bringing connectivity, and scalability, to more participants. For retailers, especially small and midsized ones, to remain engaged with the various moving parts of the supply chain and shifting consumer demands, that connectivity is becoming more important than ever.

“It is forever changed because people are buying anything and everything, and it is making it more...

https://www.freightwaves.com/news/industrial-internet-of-things-is-remaking-the-retail-supply-chain

Is 2022 the year of the retail reset? Deloitte thinks so

Deloitte's 2022 Retail Industry Outlook breaks down trends in retail supply chains and e-commerce for 2022

It’s a new year, but retailers face the same supply chain mess that they did in 2021. Freight and shipping volumes remain at record levels and rates are higher than they’ve ever been. But at the same time, over 1 million retail jobs remain unfilled, while consumers expect to buy and receive goods with more convenience than ever before.

According to the experts, all of these factors mean we’re reaching a singularity –– a retail reset, if you will. Pulling together insights from 50 retail...

https://www.freightwaves.com/news/is-2022-the-year-of-the-retail-reset-deloitte-thinks-so

The Future of Logistics is Flexible

The logistics industry is no stranger to disruption. However, the more common supply chain disruptions have been fairly predictable like seasonality, or short-lived like inclement weather and manufacturing issues. In contrast, nothing about COVID-19’s effect on the supply chain has been predictable.

Shippers experienced rollercoaster variability and unstable supply throughout the bulk of 2020 before buckling in for a yearlong peak in 2021. Consumer demands surged all year, and expectations...

https://www.freightwaves.com/news/the-future-of-logistics-is-flexible

Ulta Beauty partners with DoorDash on same-day delivery

DoorDash partners with Ulta Beauty on same-day delivery

Ulta Beauty, the United States’ third-largest beauty retailer by e-commerce sales, is now offering same-day delivery for select markets in partnership with DoorDash. The collaboration, announced by DoorDash on Tuesday, will enable the delivery of Ulta’s more than 25,000 products to customers in Atlanta, Boston, Chicago, Los Angeles, Houston and Boise, Idaho, with plans to add more cities in 2022.

The partnership will be facilitated through DoorDash Drive, the food delivery company’s white-label...

https://www.freightwaves.com/news/ulta-beauty-partners-with-doordash-on-same-day-delivery

GSCW keynote: Get used to supply chain disruption and embrace the future

In a keynote address that saluted the work of supply chain professionals, Ravi Dosanjh, head of strategic programming for Intel Corp. (NASDAQ: INTC), said participants need to understand the value they provide and ask the right questions to ensure a seamless experience for all.

“The right balance of capacity always plays a role and is critical to manage carefully, given the current environment. In my view, the question is, ‘How do we manage that capacity in an appropriate way?’” Dosanjh said...

https://www.freightwaves.com/news/gscw-keynote:-get-used-to-supply-chain-disruption-and-embrace-the-future

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