The good news is there’s more and more product data available for suppliers and retailers. The not-so-good news is that sharing that data has become overwhelming as economic conditions continue to be a challenge and industry growth is changing the way data sharing continues to grow.

The good news is there’s more and more product data available for suppliers and retailers. The not-so-good news is that sharing that data has become overwhelming as economic conditions continue to be a challenge and industry growth is changing the way data sharing continues to grow.

The world is changing, and consumers’ ability to get information and buy products from their mobile devices anywhere, anytime, is having a trickle down effect on the supply chain—they want their items delivered quickly and at a competitive price. So retailers now have to re-examine how they are sourcing their products and where to get them cheaper in order to bring something more to the table.