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Shaping Future Supply Chains

Shaping Future Supply Chains

Supply chains face an evolution that will change how chief supply chain officers (CSCOs) operate, according to a Gartner report. The following trends will shape the supply chain’s future, the report says: 1. The rise of digital business. Many CSCOs struggle to create a holistic digital roadmap. At the same time, they face pressure from […]

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Macy’s Parades Digital Lead

Digitally mature retailers better reacted to COVID-19 disruptions, finds a study by tech company Incisiv. Based on performance along the customer journey, the study names the top North American apparel retailers in digital maturity: Overall 1. Macy’s 2. Kohl’s 3. Neiman Marcus 4. Target 5. Nordstrom 6. Ann Taylor 7. Chico’s 8. J.C. Penney Co. […]

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The Need for Shipping Speed

Consumers now make 58% of their purchases online since COVID-19 began compared to just 32% before the pandemic, and many will spend more for expedited shipping, says a LaserShip survey. The study reveals: Gen Z and millennials are more likely to shop at new retailers if expedited shipping is provided compared to older generations. 40% […]

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Easing E-Commerce Pain Points

Easing E-Commerce Pain Points

Although key logistics capabilities are needed to build and maintain successful e-commerce operations, few brands excel at them, according to a study from Geodis and Accenture Interactive. The study highlights: E-commerce acceleration: Brands estimate that e-commerce in 2020 will represent nearly half of their sales. Before COVID-19, companies were making 34% of their sales online. […]

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USMCA FAQ

USMCA FAQ

The United States-Mexico-Canada Agreement (USMCA) replaced the North American Free Trade Agreement to drive mutually beneficial trade among the three countries. Thomas Insights answers some key questions about the agreement. Why is a North American trade deal so important? Mexico and Canada are the United States’ biggest export market, supporting 12 million American jobs and […]

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What’s the Holiday Sales Scenario?

The holiday retail season will play out in one of two ways—a relatively stable year-over-year sales increase of 0% to 1%, or a jump of 2.5% to 3.5%—both of which are lower than prior years, according to Deloitte. Scenario one: Consumers experience growing anxiety about their health and finances. This reinforces the current high savings […]

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California Clears the Air

California Clears the Air

To help commercial providers invest in clean truck and infrastructure technology in an effort to improve the region’s air quality, the Mobile Source Air Pollution Reduction Review Committee (MSRC) and the Southern California Association of Governments created a new match-funding program for last-mile transportation. The project comes as e-commerce increases the frequency of truck deliveries. […]

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Consumers Set Their Sights on Visibility

With COVID-19 disrupting the traditional retail model and more consumers expecting to find, buy, and receive products wherever and however they desire, the need for retailers to optimize and elevate their supply chain capabilities is imperative for maintaining sales and brand loyalty, finds a survey by enVista. Other key findings in the survey include: 87% […]

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Serving Up Sustainability

Serving Up Sustainability

PepsiCo and General Mills plan to reduce their carbon footprint during the next 10 years, following similar initiatives by food manufacturing giants such as Kellogg’s and Smithfield Foods. New York-based PepsiCo, which owns Frito-Lay, Tropicana, and Quaker Oats, aims to use 100% renewable electricity across all its company-controlled operations by 2030 and across its franchise […]

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Warehouse Automation Prognosis

Warehouse Automation Prognosis

While revenue for the global warehouse automation market will likely decrease in 2020, order intake will grow significantly, according to Interact Analysis’ forecast. Other predictions in the report show: Market Growth Significant market growth in 2021 as project completion dates push from 2020 to 2021. Compound annual growth rate will increase by 11.9% in 2019-2024. […]

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