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Traceability is the Foundation of Supply Chain Due Diligence

Retail TouchPoints

In December 2023, the European Parliament and the European Council reached a provisional agreement on the Corporate Sustainability Due Diligence Directive (CSDDD), a sweeping law that mandates companies to actively monitor and rectify any human rights and environmental risks within their global supply chains.

Supplies 282
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With Supply Chain Still in Flux, Executives Focus on Sustainability, Automation

Retail TouchPoints

For almost as long as retail has existed, the supply chain has contentedly operated behind the curtain. But that all changed with the COVID pandemic, the ripple effects of which brought supply chains into the spotlight. Now the supply chain is a top consideration not just for retail executives but consumers as well.

Supplies 328
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Tractor Supply Increases Long-Term Growth Target to 3,000 Stores

Retail TouchPoints

Rural lifestyle retailer Tractor Supply is revving up its growth plans with a new long-term target of eventually operating 3,000 stores in the U.S. — The retailer currently has 2,200 locations and will open approximately 70 new stores this year, said John Ordus, Tractor Supply’s EVP and Chief Stores Officer on the company’s Q2 earnings call.

Supplies 240
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Z Gallerie Files for Bankruptcy Again, Looks for Buyer 

Retail TouchPoints

Z Gallerie has filed for bankruptcy due to “severe liquidity constraints” resulting from “underperforming retail stores, adverse macroeconomic trends and industry-specific headwinds,” according to documents filed by the retailer. It has received a $1.1 million line of credit to maintain operations during the bankruptcy process.

Document 233
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The Essential Guide to Shopify ERP Integration [2024]

Groove

ERP systems integrate supply chain, sales, finance, procurement, manufacturing and other processes into one place. It also allows for personalized marketing and better customer service. Provide training and documentation to your team. What is enterprise resource planning (ERP)? Test the integration.

Shopify 393
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Five ways eprocurement can revolutionize supply chain management

GetElastic

As businesses seek to optimize their supply chains and find cost savings in the procurement process, eProcurement platforms have been widely adopted. Increased Supply Chain Visibility. Increased Supply Chain Visibility.

Supplies 143
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AI Isn’t Going Anywhere: How Retailers Plan to Deploy the Tech in 2024

Retail TouchPoints

Within the larger global market, McKinsey estimates that the retail and CPG sectors have the most to gain from AI , with potential to harness the tech and drive huge improvements in operational efficiency as well as the customer and employee experience. With all that in mind, it seems clear that AI is set to have another big year in 2024.

Retail 306