Supply Chain
Top stories summarized by our editors
8/16/2018

Demand for IT is growing globally, particularly in Asia, says Tech Data CEO Richard Hume. Artificial intelligence and analytics are among the hot technologies that will continue to gain importance over the next decade, he says.

8/15/2018

Kroger will launch online sales in China via a storefront on Alibaba Group's Tmall Global marketplace, the company said. The site, set to launch today, will begin with private-label products, including Kroger's organic Simple Truth brand, and dietary supplements.

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Kroger, Alibaba Group, Tmall Global
8/15/2018

Wajax posted second-quarter earnings of $9.3 million on sales of $291.2 million, with both up from a year earlier. Three key segments of Wajax reported year-over-year increases in revenue.

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Wajax
8/15/2018

Advance Auto Parts posted second-quarter profit of $117.84 million on revenue of $2.33 billion, both increasing from the year prior. The company also named Jeffrey Shepherd as chief financial officer.

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RTT News, Seeking Alpha
8/15/2018

With returns setting back the US retail industry $351 billion each year, companies can minimize that cost by clearly explaining returns policies to consumers and defining all exceptions, such as final-sale items, writes Chargebacks911's David DeCorte. Retailers can also encourage sales by offering financial incentives for customers who accept store credit when making returns.

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Business 2 Community
8/15/2018

EBay India is no longer operating, with local owner Flipkart preparing a platform where consumers can buy and sell refurbished goods. EBay India customers will be able to file for refunds until Aug. 30, and product warranties will remain in effect.

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eBay, Flipkart
8/15/2018

Distributed order management systems can help manage consumer trends such as "buy online, return in store," experts say. Having the right system allows a company to step back, look at its operations and gradually add functionality, says Charles Dimov of OrderDynamics.

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DC Velocity online
8/15/2018

The cost of quality is more than part of doing business; it's an area of operations that should be continuously monitored and improved, writes Paul Critchley, president of New England Lean Consulting.

8/15/2018

The path to operational excellence is never-ending and begins with a company culture vested in problem-solving and continuous improvement, writes AspenTech executive Robert Golightly. "By adopting lean techniques, maintenance and operations has an opportunity to change from a reactive cost center to a proactive partner in driving increased asset performance and efficiency," Golightly writes.

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IndustryWeek
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Robert Golightly
8/15/2018

Artificial intelligence is a must for cybersecurity teams monitoring industrial internet of things devices, writes Christopher Morales, head of security analytics at Vectra. AI, he writes, enables teams to make the most of limited resources in detecting and responding to attacks.

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IndustryWeek
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AI, Vectra