The Promise of Circulytics

Circular Economy Measurements In the last few weeks, we’ve covered a lot of information about the circular economy. Before we move on, let’s take a few short paragraphs to recap the essentials. The circular economy is a model that separates economic growth from the consumption of finite resources. It creates something called restorative flow, where raw materials, components, and products are all reused at the highest level of utility, while minimizing pollution and waste. The […]

Where Retail Waste Begins

Where Retail Waste Begins: Production Welcome back. As promised, I’ve started my examination into retail and the Circular Economy. This update, on retail waste, is the first of many different subjects we’ll explore. But before diving in, you may want to spend some time rekindling your “circular” knowledge. If that’s the case, I’d suggest you visit the first-rate Ellen MacArthur Foundation website, which is my first stop whenever I do research. You can also check […]

How You Can Seize the Future

How You Can Seize the Future In my last four articles, we’ve taken a look at the key trends shaping the future of retail, and therefore, sourcing. We’ve seen how customers are now expecting more personalization, more speed, and more transparency in their retail experience, mostly due to the rise of Direct-to-Consumer (DTC) companies that use data to power the business. We’ve also discovered how these same trends are driving innovation in sourcing, from new […]

Just-in-Time Manufacturing

Just-in-Time Manufacturing What’s one of the most exciting trends in sourcing? Well, for me, it’s how some companies are using just-in-time manufacturing to produce their goods and usher in a new era of inventory management. Let’s see what’s happening. Wanted: Inventory Management for the Digital Age Take a look at last quarter’s earnings calls, and you’ll feel like you’re reading the retail version of A Tale of Two Cities. For some retailers, it was the […]

Advancing the Cause of Sustainability (and Digitizing It, Too)

Advancing the Cause of Sustainability (and Digitizing It, Too) In my last post, we saw how digital platforms, such as Inspectorio, are changing the way that retailers, brands, and suppliers approach quality control and compliance. In this post, we’ll discover how technology is transforming sustainability, which continues to be of increasing importance to today’s consumer. The Challenges of Sustainability Efforts Sustainability initiatives are complex. They require many different people, from many different disciplines, doing a […]