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 …

The sustainable sourcing of food-it’s all about the tiers!

The sustainable sourcing of food – it’s all about the tiers

Dan White Blog, FMCG, Supply Chain

What does it actually mean? Sustainable sourcing is generally used to describe a holistic approach to a procurement exercise, focusing not only on commercial factors, but also the environmental and societal impact of what we plan to do. To some organisations, sustainable sourcing is dealt with by the publication of a CSR policy on the company website, to others it …

Do we need an Amazon bank?

Do we need an Amazon bank?

Milan Panchmatia Blog, Retail

My personal and family shopping habits have changed over recent years, and like many we spend an unreasonably large proportion of our money shopping with Amazon. At Christmas time the procession of delivery vans clog up our street and whilst we don’t ‘tip’ the milkman anymore at Christmas I can see a time when we will do so with the …

Attracting and retaining procurement talent

Attracting and retaining procurement talent

Milan Panchmatia Blog, Procurement

From risk management, to fostering innovation and refining supply chains, procurement professionals have arguably never been as valued as they are today. Despite this, there remains much to be done for the function to secure its position at the board table. Procurement as a career path is still in its infancy compared to other more established functions, such as accounting …

How did we run out of fried chicken? 5 lessons on switching suppliers, freshly served by KFC

How did we run out of fried chicken? 5 lessons on switching suppliers, freshly served by KFC

Adam Strauchold Blog, Retail, Supply Chain

Over the last week we have been witnessing a crisis at KFC in the UK. In case you have not heard, KFC is suffering a failure of delivery of chicken to their 900 restaurants, as a result of a new logistics supplier failure (DHL and QSL). Images of empty chicken shops and lorries queueing outside a depot, where crates of …

Night deliveries in London: Olympic Games from 2012 as best practice

Night deliveries in London: Olympic Games from 2012 as best practice

Laura Schmidt Blog, Supply Chain

The most common time frame for accidents in London is the rush hour from 7-10am and 6-8pm. Especially hauliers are involved in accidents due to the size of their vehicles and their restricted view. Due to the London Council it is not allowed for Lorries to enter certain roads in and around London before 7am in the morning. For drivers, …

Procurement in the omnichannel era

Procurement in the omnichannel era

Gopal Iyer Blog, Retail

Businesses today are undergoing massive changes as a result of three enablers: Globalisation, Technology and Supply Chain. This trend is most evident in the retail industry where globalisation has allowed products to be designed for global taste and be produced at the lowest cost; and supply chain fundamentals have supported businesses with flow of goods, information and money. Technology, on …

Improving supply chain due diligence in private equity

Improving supply chain due diligence in private equity

Jeremy Smith Blog, Private Equity

Be honest, how rigorous is your operational due diligence at bid phase? It seems that the reality is that the business mantra of ‘plan for the worst and hope for the best’ seems to be one that is conveniently overlooked when assessing pricing decisions in a market where a 15% acquisition success rate is viewed favourably and risks feel like …