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2020 marks a new decade in supply chain management in which operations benefit from increased digitalization, customers benefit from higher levels of service and supply chain organizations benefit from greater diversity in the workforce.
The industrial racking system market is assessed to twofold its value, riding high on the surging sales of e-commerce products and warehouse expansion.
The global industrial racking system market is expected to grow at a CAGR of ~7% throughout from 2019-2029, according to a study by Persistence Market Research, New York.
Some predictions include higher demand for pet products, integration of the in-store and online shopping experience and non-traditional channel growth.
The global smart labels market is projected to record a CAGR of ~13% during the forecast period 2019-2029, according to a study released by Future Market Insights, Valley Cottage, N.Y.
Food Marketing Institute (FMI), Arlington, Va., and FitForCommerce, Short Hills, N.J., released what is said to be the industry's first exploration in how leading grocery retailers are meeting customer demands for digital and omnichannel shopping experiences.
The CPG industry is undergoing significant change, with consumer preferences shifting rapidly and retailers adapting in the face of heightened competition.
Most of the today’s growth in grocery spending is happening online, but the additional cost of assembling/fulfilling these orders makes the business less profitable than typical sales through the store.
Brick Meets Click, Barrington, Ill., completed an independent analysis to quantify the dollar impact to grocers of using a leading software-based fulfillment platform for online orders designed to reduce labor costs and drive higher sales.
Fear of falling behind omnichannel shoppers and fast-moving competitors is driving grocers to deploy new technology at a furious pace, according to the "2019 Grocery Tech Trends Study," released by RIS, Newark, N.J.
This rise is driven by more and more companies embracing marketplaces as a platform to facilitate online sales, expedite cross-border expansion, increase product range and improve logistics, costs and operations.
New analysis from iBe, a pan-European financial services advisory firm, found that online marketplaces could be worth as much as $7 trillion in sales by 2024.
With the acquisition of ownerIQ, retailer partners will have access to sets of data and promotions management tools to service and support new retail ad businesses at scale.
