Strategy Driven

JANUARY 24, 2020

There was a time when the entry of an online alternative in a market would scare the hell out of small offline retailers. The consumer behavior was changing and the prices were getting aggressively competing; it was not easy for small retailers to keep up with their online counterparts. Take Amazon for example.

Supply Chain 75

Supply Chain Retail Software Marketing 75

Harvard Business Review

MAY 31, 2017

Automating finance. This lets organizations reduce the amount of work outsourced to service centers and frees up finance staff to focus on strategic tasks. Smoother supply chains. Machine learning enables contextual analysis of logistics data to predict and mitigate supply chain risks.

Process 11

Process Company Supply Chain Software 11

Harvard Business Review

DECEMBER 7, 2017

Among other things, there is growing demand from both retail and institutional investors to align their capital with better environmental and social outcomes, and more resources going into index fund or quasi-indexing products. The longer the time horizon, the more appealing many aspects of ESG, as mentioned above.

Supply Chain 8

Supply Chain Asset Management Chemicals Long-term 8

Harvard Business Review

SEPTEMBER 13, 2012

An impatient marketing or finance manager would, on the sly, secure some extra budget money and hire a contractor to build a little database that tracked mailing addresses or top-line financials. In the upper left quadrant are the multi-year rollouts, like large Enterprise Resource Planning or supply chain modernization endeavors.

Supply Chain 15

Supply Chain CIO Budgeting Project 15

Harvard Business Review

JUNE 26, 2013

With the swipe of a credit card, the customer support team can move to Zendesk or Desk.com; the HR team lives on Workday; the business intelligence group moves to GoodData or Domo; the finance team logs into Netsuite; the marketing department orbits around Marketo and Salesforce''s marketing cloud.

Supply Chain 8

Supply Chain Competitive Advantage Information Technology How To 8

Harvard Business Review

DECEMBER 6, 2010

Today, the guild mentality persists within companies, where functions such as marketing, sales, finance, IT, human resources and R&D all have their own area of special expertise. It can rapidly build demand, which reinforces the relationship with retail grocers. But Frito-Lay stocks its own products.

Operations 13

Operations Competitive Advantage Supply Chain Retail 13

Harvard Business Review

APRIL 30, 2015

These are the dry cleaners, restaurants, car repair operations, and local retailers that are part of the fabric of our daily lives. An important but less well-documented type is comprised of an estimated 1 million small businesses that are part of commercial and government supply chains (referred to as suppliers).

Supply Chain 8

Supply Chain Rivkin Venture Capitalist Policies 8

Harvard Business Review

APRIL 1, 2016

Right behind it are media, finance, and professional services, all of which have far more sophisticated digital capabilities than the rest of the economy. Burberry, for example, has set the bar among retailers by seamlessly integrating social media and immersive experiences into its physical stores.

Industry 8

Industry Benchmarking Supply Chain Health Care 8

Harvard Business Review

NOVEMBER 11, 2013

It’s easy to see what I’m talking about by observing changes in Chinese retail, the industry currently most affected by e-commerce. Traditional retailers must guess how much demand the market will create for their goods. Overestimating creates excess stock which must be sold later, while underestimating leaves customers unsatisfied.

Retail 8

Retail Supply Chain PR Learning-by-Doing 8

Harvard Business Review

FEBRUARY 29, 2012

You might simply Pinterest the elements you liked, including information about your space or noise limitations ("One-bedroom apartment on busy street in New York," or "suburban space that needs stuff protected from little kids"), and then have a retailer give you a personalized, optimal configuration. Big Isn't Enough.

Porter 16

Porter Mass Marketing Supply Chain Retail 16

Harvard Business Review

FEBRUARY 9, 2011

They do this by building consumer P&Ls through cross-functional teams across marketing, sales, supply chain and finance, much like some companies have built account and product P&Ls. A great example of this comes from a major electronics retailer which identified Diva consumers via the 'wedding ring' technique.

P&L 14

P&L Supply Chain Retail Price 14

Harvard Business Review

SEPTEMBER 29, 2016

Amazon has only a handful of brick-and-mortar stores, Uber doesn’t manage a fleet of cars, and Ebay doesn’t manage a supply chain. In the lower left are builders, which include industries such as utilities, energy, transportation, and retail. This is quite a shift. Thus, they have low PPE but high multiples.

Company 8

Company Intangible Assets Business Model Supply Chain 8

Harvard Business Review

APRIL 25, 2014

As his firm grew, he undervalued and underpaid the executives who ran the supply chain and finance departments. Then Costco came knocking on Dave’s doors to supply its warehouse clubs, but Dave’s had to turn the giant retailer down. million in financing for a new 50,000-square-foot bakery, which opened in 2008.

Operations 8

Operations Company Supply Chain Short-term 8

Harvard Business Review

SEPTEMBER 9, 2014

Pricing pressure is more intense in retail, less so in areas like top-branded luxury goods or highly differentiated machinery. Madhavan: For many years, CEOs and executives have focused on improving the bottom line through cost cutting, finding efficiencies in operations and the supply chain.

Price 10

Price Productivity Products Simon 10

Harvard Business Review

APRIL 11, 2017

How can we finance fleets through leasing and/or mobility securitization? What will our retail footprint be? Retail and consumer business. How does the confluence of autonomy, sharing, and electrification change the fuel mix in automotive applications?

Automotive 8

Automotive Transportation Health Care Maturity 8

Harvard Business Review

JANUARY 12, 2018

This would represent between 10% and 15% of total retail financial assets under management. Companies in every industry can benefit from making more data and algorithm-based decisions in areas of internal operations and finance. It seems only logical that they would extend into corporate strategy and finance. will grow to U.S.

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

JANUARY 19, 2016

Many leaders arrive into the C-suite having grown up in functions like Marketing or Finance and lean too heavily on instincts and cognitive biases shaped by their ascent within those disciplines. When all their well-intentioned, but separate, solutions showed up at retail, customer satisfaction never improved.

Execution 8

Execution Supply Chain Analysis Learning-by-Doing 8

Harvard Business Review

NOVEMBER 30, 2018

Both of those leaders are now CEOs — one of a $10 billion retail chain and another of a specialty eyewear company. Functional experiences help make you great at something, i.e. marketing, supply chain, R&D. They allow you to prove that you’re highly competent at what you do.

Career 8

Career Chief Financial Officer Supply Chain Chief Information Officer 8

Harvard Business Review

JANUARY 27, 2017

His group’s data science, procurement, and supply chain teams crafted algorithmic ensembles that, by all measures and simulations, would save hundreds of millions. At one American retailer, an autonomous ensemble of algorithms replaced the entire merchandising department. Yes, that’s exactly what it meant.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Strategy Driven

DECEMBER 25, 2019

Finance and business executives often joke that the word blockchain placed at the end of the company name is enough to increase the share price of any entity at least twofold. Supply Chain Management. Many people are using the world blockchain these days. So much so that the phrase has become a buzzword.

Technology 13

Technology Supply Chain Document Participative 13

Harvard Business Review

SEPTEMBER 1, 2017

A new paper by economists Jan De Loecker and Jan Eeckhout argues that the problem isn’t confined to finance, or even large international corporations. Over the next several decades, that economy was replaced by one of big-box retailers and global supply chains. Those giant retailers brought even lower prices.

Supply Chain 8

Supply Chain Retail Price Trends 8

Harvard Business Review

FEBRUARY 19, 2015

The computer, software, telecoms, music, broadcast, publishing, photography, retail, and consumer electronics industries certainly believe so. Apple demonstrably understands design, UX, and global supply chain alignment in ways few organizations ever have. Traditional retailers smirked and cried “niche!”

Automotive 8

Automotive Supply Chain Disruptive Innovation Retail 8

Harvard Business Review

AUGUST 23, 2011

In industries that compete in the international economy (what economists call the tradable sector), the emergence of global supply chains for physical goods caused lower-value manufacturing jobs to migrate from the U.S. Half of this job growth came in health care, government, retail, and construction. to emerging economies.

Supply Chain 12

Supply Chain Health Care Globalization Trends 12

Harvard Business Review

DECEMBER 16, 2010

obscures the tectonic economic shift in global retail. Digital coupons aren't just "smart," they can be "brilliant" — linked to recommendation engines, GPS, supply chains, etc. Think of them as part of the global supply chain. WWWabs go mainstream worldwide next year. That's Quite A Coup, Onward Group!

Innovation 15

Innovation Supply Chain Business Simulation Advertising 15

Harvard Business Review

SEPTEMBER 6, 2013

Lululemon, the upscale retailer of yoga clothing, is doing great. For years, the creative side of the company was the top priority, leaving things like finance, IT, and HR to suffer (yes, they tried to run their operations on spreadsheets). The authors also say Lululemon should probably pay more attention to its supply chain.

Supply Chain 8

Supply Chain Company Crisis Crisis Management 8

Harvard Business Review

FEBRUARY 8, 2013

Business units come and go, but finance, HR, IT, marketing, legal, and R&D are forever. for example, set up a unit like this in the early 1980s; merchandising, IT, and supply chain worked together to develop the company's celebrated direct-store-delivery capability, enabled by handheld devices that Frito-Lay developed itself.

Supply Chain 8

Supply Chain Real Estate Short-term Merchandising 8

Harvard Business Review

NOVEMBER 24, 2015

Stakeholders ranging from your supply chains to customers that walk into retail storefronts increasingly prefer to do business with companies that pursue cost-effective sustainability. Utility bills in major markets have been consistently increasing faster than inflation and are forecasted to continue to do so.

Management 8

Management Payback Period Energy Supply Chain 8

Harvard Business Review

JUNE 15, 2015

Liberate and accelerate data by creating a data supply chain built on a hybrid technology environment — a data service platform combined with emerging big data technologies. • Machine learning and cognitive computing.

Strategy 8

Strategy Supply Chain Technology Banking 8

Harvard Business Review

MARCH 22, 2017

It’s time for them to rethink their supply-chain strategies. Adjusting to new economic realities as well as political and economic uncertainties will require making their supply chains much more resilient. There are three reasons a rethink is due: East Asia’s shrinking cost advantage. presidential election.

Supply Chain 9

Supply Chain Chemicals Uncertainty Policies 9

Harvard Business Review

NOVEMBER 3, 2014

Over a century ago retail and advertising pioneer John Wanamaker said, “Half the money I spend on advertising is wasted; the trouble is I don’t know which half.” Today smart marketers do know which half isn’t working. So it can be complicated. There are no silver bullets, and it’s a poor marketer who blames their tools.

Technology 8

Technology Marketing Company CRM 8

Harvard Business Review

NOVEMBER 3, 2014

Over a century ago retail and advertising pioneer John Wanamaker said, “Half the money I spend on advertising is wasted; the trouble is I don’t know which half.” Today smart marketers do know which half isn’t working. So it can be complicated. There are no silver bullets, and it’s a poor marketer who blames their tools.

Technology 8

Technology Marketing Company CRM 8

Harvard Business Review

JUNE 20, 2017

While consumer spending has proven resilient, with same-store retail sales rising 6% YOY in April , most multinational corporations are developing contingency plans to mitigate risks to their businesses and reassessing the country’s role in their global market portfolio and supply chains. Renegotiating NAFTA.

Supply Chain 8

Supply Chain Depreciation Uncertainty Marketing 8

Harvard Business Review

APRIL 3, 2017

If that displaced 20% of the 250 million cars Americans own, consumers would save $150 billion, $3,000 for every car displaced, and 1 million jobs would disappear in the automotive related industries — manufacturing, insurance, finance, etc. If jobs decline in the auto industry, jobs vanish in the automobile supply chain.

Retail 9

Retail Automotive Supply Chain Proposal 9

Harvard Business Review

FEBRUARY 22, 2012

employees can be 25 percent or greater of total workforce; its supply chain of third parties is vital. Yet, the imperatives of offshore facilities and employees are — and will remain — central to American companies' international competitiveness. A company's foreign sales can approach or exceed 50 percent; its non-U.S.

Offshoring 13

Offshoring Outsourcing Supply Chain Globalization 13

Harvard Business Review

FEBRUARY 12, 2018

BlackRock is a giant, too, and finance is another industry where a small number of big players dominate. Big retailers and textile firms can make supply chains greener, safer, and less corrupt. Big firms face different incentives, for a few reasons.

CEO 10

CEO Short-term Long-term Aggregate Demand 10