Articles

Inventory Management

Joey Rubinstein

Retail Inventory: Old Method, New Tricks

Toshifumi Suzuki led 7-Eleven Japan’s spectacular rise from small licensee to the highest-grossing retailer in Japan. At the heart of his strategy was a simple management framework called Tanpin Kanri. The idea is simple: Take an active, rather than reactive, approach to restocking shelves.

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Vertical Focus: Consumer Packaged Goods

Vertical Focus: Consumer Packaged Goods

Green Things Come in Small Packages The Sustainability Consortium, a global nonprofit focused on transforming the consumer goods industry, formed a new recycling coalition to address small-format packaging, which is commonly used in cosmetics and food supply chains. Small-format packaging consists of items such as beverage bottle caps, lip balms, travel-size shampoo bottles, and other […]

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Latest Fashion Trend? Sustainability

Latest Fashion Trend? Sustainability

Sustainability is more important than ever as fashion supply chains become more environmentally conscious, says a report from intelligence platform Edited. The biggest shift has been the number of products labeled "recycled" or "containing recycled materials" (see chart), which now account for 51% of sustainable products versus 29% in 2019. Highlights from the report reveal: […]

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Old Processes Impede New Inventory Strategies

Old Processes Impede New Inventory Strategies

Few businesses use new technologies to tackle supply chain issues caused by the pandemic due to tighter costs and dependence on legacy work processes, says a recent survey from intelligence platform Verusen. This results in lost revenue and increased inventory costs. Global supply chain executives responding to the survey cite poor data quality, siloed materials […]

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