Invoicing & Payment,
Spend Analysis & Benchmarking,
Supplier Relationship Management,
B2B Social Media: Online Supply Communities, Open Innovation, SM B2B Marketing, SM Customer Driven Support
Industry Groups: Construction, Defence & Aerospace, Education, Financial Services, Healthcare, Manufacturing & Automotive, Public Sector, Resources, Retail & CPG/FMCG, Utilities
Categories / Commodities: Business Travel, Capital Equipment, Construction & Building, Electronic & High Tech, Fuels & Lubricants, Managed Print Services, Marketing & Advertising, Metals & Minerals, Office Suppliers, Services Procurement, Transport & Logistics
Procurement People: Careers, Leadership, People on the move, Talent Management
Articles in category: Retail & CPG/FMCG
Retailers should put their own checks in place when sourcing from other countries and not blame governments for a lack of regulation, says Tesco’s group director of ethical trading.
According to Giles Bolton: “It is not impossible if you are a responsible retailer - regardless to what else is going on in the industry - to make sure you are sourcing responsibly.”
He added companies should not blame governments for not doing enough in terms of regulation. “If you want to trade from that country the responsible thing to do is to make sure that you have your own systems in ...(Read Full Article)
Australian retailer David Jones has agreed to a takeover by Woolworths that values the company at US$1.9bn. Woolworths [JSE:WHL] has offered R21.4bn to acquire the entire issued share capital of Australian retailer David Jones for AUS$4.00 per share. The offer represents a 25.4% premium to the closing David Jones share price on April 8 2014.(Read Full Article)
The David Jones board of directors has unanimously recommended that its shareholders vote in favour of the transaction. The combination of Woolworths and David Jones will create a retailer with revenue of over R51bn from 1 151 stores ...
A recent report by Spectrum Insight used social media to analyse the “winners and losers” of the festive season according to social media feedback. The results demonstrated that getting logistics – the ‘home stretch’ of the retail buying process – wrong, can prove even more disastrous for retail brands than errors at the beginning of the process.
Retailers that outsource their logistics seemingly have little control over the treatment of their parcels once they leave the warehouse, yet it is the retailer’s brand that bears the brunt of the damage resulting from late, lost or damaged goods.(Read Full Article)
Zara, owned by the Spanish giant retailer, Inditex, is opening a new store in Cresta, Johannesburg. This move confirms ATKearney’s report last week on its 2014 Retail Development Index in Africa. While countries such as Ethiopia, Kenya and Rwanda are attracting more local retail development, South Africa is being sought out by international retailers.
In the report, South Africa was described as the most established retail market on the continent. It also has more consumer spending power, after retail sales increased by an average of 3 percent a year between 2005 and 2012.
Underdeveloped supply chains in Africa differ widely across countries and are a major challenge for retailers looking to move into the continent.
That’s according to Bart van Dijk, partner at AT Kearney and co-author of the African Retail Development Index, a new study designed to help retailers determine where and how to best enter Sub-Saharan Africa’s growing retail market. Rwanda, Nigeria, Namibia, Tanzania, and Gabon occupied the top five positions on the index.
“There are wide differences in infrastructure and supply chain development across African countries,” said Dijk(Read Full Article)
South African retailer Shoprite on Thursday opened its first outlet in northern Nigeria, as part of an aggressive expansion drive and defying wider concerns about security in the region.
The store in Kano Ä the north's largest city and main commercial hub Äis situated in the new $110-million (80-million-euro) Ado Bayero Mall that has taken three years to construct and claims to be Nigeria's biggest.
Hundreds of upper and middle class Nigerians thronged the mall as it opened its doors. Private security guards searched vehicles for weapons and explosives and armed police kept watch on shoppers(Read Full Article)
Tesco, the world's third-largest retailer, expects to source more clothes from Ethiopia, but wants the nascent industry there to uphold high ethical standards as global chains seek to prevent factory disasters like those seen in Bangladesh.
"Ethiopia is a very exciting potential country to grow a supply chain but needs to grow up to be a well regulated, ethical new industry," Giles Bolton, ethical trading director at Tesco, told the Retail Week Live conference on Wednesday.(Read Full Article)
Hope and a brighter future are on the horizon for the clothing and textile industry. In a national executive committee meeting of the Southern African Clothing and Textile Workers’ Union (Sactwu) last week, it was revealed that the industry continued to stabilise with a slowdown in job losses.
The union said the number of jobs lost had declined by 66 percent between a 12-month period in 2010 and the corresponding period in 2013.
Wal-Mart Stores, famed for its low prices, has stumbled in the one major market where consumers say price is less of a driver in their buying decisions: China.
There, consumers say they want food that is safe and authentic, and, after 17 years, Wal-Mart is changing its approach, closing some big-box stores that never quite caught on with locals. Instead, it's focusing on private-label products and imports, putting its stamp on quality and safety.
“We're closing some stores because we got enamoured with growth,” said Raymond Bracy, head of corporate affairs at Walmart China. “We're not going ...(Read Full Article)
A major downside to online shopping as opposed to shopping in store is the delay between ordering and receiving purchases. In a physical store, the customers can see the items they wish to buy, choose them and then take them away home with them. On the other hand, for online purchases, the delay between order and delivery may dissuade customers from buying items. The major online retailer, Amazon, has been worrying about this potential barrier to online sales for a while.(Read Full Article)
As a slowdown in emerging markets takes the shine off shares in consumer goods makers such as Nestle, Unilever, Danone and Procter & Gamble, hungry investors have been sampling more of the companies that supply them.
Scent and flavour makers such as Symrise, Givaudan and International Flavours & Fragrances (IFF), and food ingredient names such as Glanbia and Kerry Group are attractive, analysts say, because they are more resistant to weak consumer spending and benefit from health and wellness trends forcing so many brands to modify their products.(Read Full Article)
The world's top mobile infrastructure supplier Ericsson is betting that the fast-growing African mobile broadband market will remain dominated by 3G services over the next years as the newest 4G smartphones remain too expensive for local consumers.(Read Full Article)
Africa's rapid telecoms expansion has come to symbolise the continent's economic growth, with the World Bank estimating a 10% increase in broadband coverage could add 1.4 percentage points to economic output.
In a world of shopping centres, high street retailers and an abundance of online options, the consumer has unhindered exposure to the best deals on that much-desired TV or this season’s dress. Not only this, the consumer is no longer faced with the lack of a size 10 dress, as the floor manager will reveal her iPad, providing multiple options of where you can purchase the dress today, or giving you the option to take delivery at home tomorrow.(Read Full Article)
As part of our Expert Insight series, Supply Chain Nation recently sat down with Gordon Wade, chief executive officer and director of best practices for the Category Management Association. In Part I of our conversation with Gordon, he discuss the key markets shifts that are increasing complexity in the supply chain – and that retailers and manufacturers must address in 2014.(Read Full Article)
Despite variable economic conditions, the natural personal care market continues to see strong growth, posting a healthy 10.6% increase globally to reach USD 29.5 billion at the manufacturers' level in 2013. Brazil and particularly China are the fastest-growing natural personal care markets, with sales in China increasing nearly 24% in 2013 and slowly challenging the United States' global market share, according to recently published Natural Personal Care: Global Market Brief by worldwide consulting and research firm Kline & Company.
Growth within mature markets, driven by the large number of brands present in the regions competing on products, price, and ...(Read Full Article)
Don’t yawn. This is a life-and-death issue for small businesses. Anyone who has worked in or around a supplier to a big consumer company—to a supermarket chain, for example—knows the value of information on shoppers’ preferences. If a supplier can use consumer data to shape its offerings and marketing strategies, it has a significantly better chance of survival than its data-deprived competitors.(Read Full Article)
Shrink, comprised of shoplifting, employee or supplier fraud, organized retail crime and administrative errors, cost the retail industry more than $112 billion globally last year, according to the 2012-2013 Global Retail Theft Barometer, and represented 1.4 percent of retail sales, on average.(Read Full Article)
The study, underwritten by an independent grant from Checkpoint Systems, Inc., was undertaken in 2013 by Euromonitor International, and was based upon in-depth phone and written survey interviews conducted in 16 countries among retailers covering 160,000 stores representing $1.5 trillion in sales in 2012. The cost of shrink to U.S. shoppers averaged $300 per ...
The head of procurement at Bayer Healthcare is aiming to double the proportion of spending carried out through e-auctions. Richard Spoor, head of procurement at the pharmaceutical multinational, told the ProcureCon Europe conference in Amsterdam last week there was a 12-fold increase in the volume of spend through e-auctions in 2012 compared with 2011. This amounted to “hundreds of millions of euros” and around five per cent of procurement spend, but Spoor wants to go further.(Read Full Article)
WOOLWORTHS is pioneering a new method of farming that sets out to help the farmers grow quality produce while protecting the environment, preserving natural resources and reducing dependence on synthetic fertilisers, herbicides and pesticides — all without adding anything to the price that the consumer pays.
Between 88% and 92% of the Cape Town-based chain’s fresh produce is grown locally, and its policy is to import only when it cannot obtain produce in SA.(Read Full Article)
The government’s intention to impose a total control on the advertising of alcohol products has sparked a lot of commentary, with the liquor industry preaching a rhetoric that seems to suggest that the government’s plan is not in the best interest of the economy and jobs.
In the main, the Industry Association for Responsible Alcohol Use (ARA), an umbrella body for the liquor industry, along with those who are responsible for advertising alcohol products have asked the government to weigh health concerns associated with alcohol abuse against apparent “economic implications”.
ARA roped in experts and appeared before Parliament ...
Thirteen US-based franchise companies on Friday ended a two-day trade mission to Johannesburg during which the firms had looked to connect with appropriate local candidates that could develop franchises in the South African market. The mission, organised collaboratively by the US Embassy’s Commercial Service and the International Franchise Association, which represents 1 300 US franchise companies, identified the energy, infrastructure development and consumer goods markets as those offering the greatest opportunities for the establishment of new franchise partnerships.(Read Full Article)
JSE-listed Clover said on Wednesday that it would not renew several agreements with Danone Southern Africa when the contracts end in December 2014, enabling the branded consumer goods and beverages group to pursue other opportunities. The company’s exit from the agreements would enable it to shed certain legacy restrictions that were limiting its scope for new product development and further principal distribution prospects, CEO Johann Vorster said.(Read Full Article)
Acquisition of stake in Africa’s biggest fast-food chain outside SA gives Famous Brands its first direct stake in Nigerian market. Famous Brands CEO Kevin Hedderwick said the deal "catapults (the group) to a completely different level" in Nigeria, where it has been trading for 11 years through master license and franchise agreements. Famous Brands is buying 49% of UAC Restaurants, the wholly owned subsidiary of diversified conglomerate UAC of Nigeria that houses Mr Bigg’s.(Read Full Article)
Wal-Mart Stores Inc. said yesterday that it will require its suppliers to phase out 10 hazardous chemicals from personal-care products, cosmetics and cleaning products in its stores. It also will require the suppliers to disclose chemicals in those products. Wal-Mart said that beginning in January, it will monitor progress on the high-priority chemical reduction, restriction and elimination and will begin to publicly report on the progress in January 2016.
.(Read Full Article)