Retail focused analyst coverage

April 9th, 2008 at 07:09am David Bush - Iasta

If you are in procurement and in the retail industry, you have benefited from a large focus of attention recently. Aberdeen has released a new report, Business Intelligence in Retail: A Best-in-Class Roadmap for Performance Improvement, which deals with improvement on spend under management. And AMR, is having a retail research bonanza in 2008, with the most recent, Sourcing Revs Up Retailers, recently coming out.

These are great reports for the specific industry mentioned. In particular, AMR describes the differences of the retail environment for sourcing:

  • Sourcing scale—A retailer often designs and sources tens of thousands of new products or SKUs every year, with sourcing changes across multiple seasons adding to the complexity.
  • Consumer centric—Consumer-driven sales place significant demands on the sourcing process, especially in the area of quality assurance and social responsibility.
  • Process and systems complexity—Retail sourcing processes and systems tend to be more complex than those found in other sourcing environments.

They mention that this industry is moving into integrated PLM, product design, visibility and collaboration and vendors need to support this functionality. I see this transformation taking a long time, as many retailers are still trying to get a handle on these parts one at a time. However, the point is valid and most companies should be looking long term for advanced, integrated technology.

Entry Filed under: Analysts/Research, General, Supply Management Best Practices, Technology / SaaS

Leave a Comment

hidden

*
To prove you're a person (not a spam script), type the security word shown in the picture. Click on the picture to hear an audio file of the word.
Click to hear an audio file of the anti-spam word

Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Trackback this post  |  Subscribe to the comments via RSS Feed



The e-Sourcing Handbook

The e-Sourcing Handbook is a modern guide to supply and spend management success.

New Supply Chain Agenda: The 5 Steps That Drive Real Value

Turn your supply chain into a competitive weapon that produces unprecedented economic profit for your firm.
RSS   Twitter

Affiliates

Paladin Associates
TPI
Disanto and Associates
eSourcing Wiki
EnglishFrancaisDeutschItalianoEspanolPortugeseJapanese
KoreanChineseArabicRussianFinnishPolishSwedish

Certifications

Next Level Purchasing

CURRENT VIEWERS

2010 SDC Executive Pros To Know

2008 Pros To Know

2009 Pros To Know

2007 Pros To Know

2005 Pros To Know

2009 SDC Executive 100

2008 SDC Executive 100

2007 SDC Executive 100

2006 SDC Executive 100

2005 SDC Executive 100

2004 SDC Executive 100