The equation of what it means to eat well is different for every consumer. For a few it remains a simple calculation of product cost plus the convenience of serving it. However, according FMI's US Grocery Shopper Trends 2018, the eat-well equation for most shoppers today involves a complex consideration of numerous factors, including the ethics of production methods; environmental impact of the package; and its contents, nutritional value and sense of taste discovery. Read more.
Evaluating the people, processes and technologies for omnichannel success is the focus of the FMI program at the upcoming Groceryshop event to be held October 28 to 31 in Las Vegas. If you are interested in bringing a team of operations, technology and marketing team members to the event, apply online for the Hosted Retailers & Brands Program, which provides you with travel reimbursement and curated meetings for your group.
The Joint Industry Unsaleables Leadership Team provides strategies and educational content to help the consumer packaged goods industry reduce unsaleables. The team has recently compiled five guiding principles that should frame any successful unsaleables management program. This webinar covers these principles and also discusses how a company can assess its level of organizational maturity in unsaleables management by benchmarking against industry best practices. Speakers include Mike Boersig, manager of supply chain solutions at CHEP, and Don Ilg, director of sales operations at The J.M. Smucker Co. Listen to the recording or check out the presentation.
Traceability plays a critical role in food safety and protecting our global food supply chain. This webinar discusses the role of the Global Food Traceability Center and some of the resources GFTC has available for the food industry to improve traceability and advance food safety. Listen to the recording, or watch the slides.
Staples launched advertising across TV, movies and digital Monday emphasizing the company's role as the go-to for parents shopping for school supplies. "Staples has a unique competitive advantage in that we specialize in school supplies all year-round, not just July through September," said executive Christine Mallon.
Massachusetts-based Takeoff Technologies has developed small fulfillment centers that would be placed inside grocery stores for easy order fulfillment and pickup.
Companies can use advanced analytics to improve pricing and help "outlaw" salespeople understand the value of meeting certain sales goals, John Gunderson writes. "With better analytics, your outlaws can keep the positive take-orders behavior while allowing you make some profit," he writes.
Social media is an opportunity to increase visibility and engage with customers supply chain firms can't afford to miss, writes Frank Cavallaro, founder and CEO of Fronetics Strategic Advisors. "Customers today are demanding value beyond the sale," he writes.
Blockchain can help the online fashion industry process returns and refund consumers faster thanks to its digital records and decentralized ledger of transactions, writes Alycia Gordan. The technology can also provide authentication for luxury brands, which helps with resales, Gordan adds.
Luxury Shoe Club serves as a platform for consumers to sell, buy and repair designer shoes. Experts estimate the pre-owned luxury shoe market could be worth $800 million each year.
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