The Role of Procurement in Fashion Apparel

Laura Schmidt Blog, Retail 0 Comments

Through the eyes of apparel CEOs, procurement can often be mistaken as a support function, where materials are obtained at the highest possible quality and margins. This preconception will inevitably change with the coming of profound disruptions within nearshoring, and through up and coming initiatives like the circular value chain.  With today’s fashion market being heavily affected by influencers, demand spikes in the latest apparel products are largely affected by what …

My Computer Just Had a Good Idea

Steven Sargent Artificial Intelligence, Blog, Technology 0 Comments

Creativity is the final bastion of what it is to be human, the one thing that machines are not going to be able to do, and therefore our jobs are safe provided they require creative input.  A new book out this month by Marcus du Sautoy, The Creativity Code, discusses to what extent computers can be programmed to invent and …

GSCOP – What’s the fuss all about?

Simon Latham Blog, Retail

This week, the Co-op has been found guilty of breaching the Grocery Supply Code of Practice (GSCOP) and ordered to pay £1.3m in costs and £650k back to affected suppliers. So what does this mean for you? If you supply your products to any of the following retailers or work for one of these retailers and deal with suppliers… read …

Will 'One Below' succeed as a new discounter?

Will ‘One Below’ succeed as a new discounter?

Pro Ganguly Blog, Retail

A new discount retailer opened its doors recently on UK high streets. The chain, known as ‘One Below’ initially opened four stores in Leeds, South Shields and Doncaster. All four sites were previously occupied by the failed discount retailer Poundworld but the link with Poundworld doesn’t just end there. One Below is the brainchild of father and son team Chris …

Oil and Gas Insights Spring 2019

Oil and Gas Insights Spring 2019

4C Associates Newsletters, Oil&Gas

Welcome to the Spring edition of 4C Associates’ quarterly Oil & Gas sector update. With oil majors publishing their first set of quarterly results of 2019 (reporting Q4 2018), it has demonstrated that after years of fighting to gain control of costs, the industry’s ‘big-guns’ can finally get back to generating significant cash flows. Still, the question surrounding the long-term …

The 9 traits of successful business transformations in Retail

The 9 traits of successful business transformations in Retail

Emanuel Modrovic Blog, Retail

The Retail sector is going through profound, fundamental and on-going change. High street shops are closing at an accelerating rate while fierce online competition is squeezing already tight margins. Many retailers are responding by restructuring and transforming their businesses in different ways, but with such complex programmes there are many things that can go wrong. Here at 4C, we have …

Know your stuff – retail is detail

Simon Latham Blog, Retail

I was pleased to see a significant number of major retailers (including Tesco, M&S, ASDA & Sainsbury’s) and the BRC come out publicly expressing their concern about a “no deal” Brexit, citing significant disruption in the supply chain and a somewhat depleted choice of fresh foods for customers. As an avid Twitter user, I particularly enjoyed reading the many diverse …

3 reasons why Private Label should be top on all retailers’ agenda

3 reasons why Private Label should be top on all retailers’ agenda

Rosanna Collins Blog, Retail

2018 was not a great year for the retail industry. Increasing costs and diminishing footfall resulted in shrinking profits. However, there are numerous ways that retailers can look to improve their profitability in 2019 to reduce mounting pressure. Creating innovative private label ranges is one sustainable way to reduce costs whilst getting more customers into shops. From past experiences working …

Machine learning for people in a hurry

Machine learning for people in a hurry

Vlad Brincoveanu Artificial Intelligence, Blog, Technology

To put it very simply, machine learning can be described as a way of algorithms using vast amount of data to find patterns. What makes it special? It can learn and self-improve. It sounds straight out of a Sci-Fi movie, but it’s true. It runs the world and most of us use it every day without even knowing. It powers …