Retail Systems Research recently released its Retail Supply Chain 2012: Globalization, Localization, and Cross-Channel, and the findings are pretty interesting. Here’s a snippet.
- Written by ec-bp Partner
- Category: Technology
2012 will be a watershed year for new business models worldwide. Three technologies will dominate the innovation scene and shape economies for decades to come. These three technologies are mobile computing, social media, and "big data for small decision support". All three while in high growth mode today will become paramount to existence for any business big or small, private or public, government or NGO. Underlying these 3 are 2 foundational pieces that enable everything - "Cloud Computing" & " Ecommerce".
There are plenty of best practices to implement as companies shore up their ecommerce strategies.
You always walk a fine line with one-offs. Do you accept the challenge, do the work, and watch the organization reap the rewards? Or do you push back and reserve your resources for addressing only opportunities with a broad impact? And what do you base your decision on, anyway?
When I was a young child, my father would take my siblings and me to the fast food restaurant. I didn’t like pickles, mustard or onions, so he ordered me a hamburger with ketchup only. I would then spend the next five to ten minutes waiting for this burger, since it was considered a special order. Now many years later when I order that same burger, it’s delivered with as many or few condiments you would like, with no extra wait time! So, as I view the eCommerce space and the possible ways to connect with customers, I’d ask in which scenario are you working?
You only hear from your 'customers' when something bad happens, your sales department complains about how long it takes to 'hook up' their customers on marketplace connections, and you're constantly given grief by the SAP team about inbound documents erroring out in the interface. Is that just the nature of the EDI beast, or are you doing something very wrong?
Your boss is asking you to do more with what you have. A big company project is kicking off that you need to support, but your ‘normal’ work isn’t going away. Or maybe there’s been a decision made to assign EDI team members to other IT work. Those are all valid reasons to consider outsourcing some or all of your EDI responsibilities. Are you ready to pull the trigger?
Price, product, placement, promotion. These four areas of concentration have long been held as essential elements in successfully marketing a product or service to the consuming public. Oftentimes simply referred to as the 4 P’s, each of these categories in and of itself are important factors in going to market.
Boyd Evert discusses auditing price information for suppliers while attending VCF Fall Conference.
Have you ever received a gift that was nice, but wasn’t exactly what you were hoping for? Or even worse, how about spending big bucks on a product and bringing it home only to discover it not only requires assembly but also accessories you didn’t even know you needed?