Thalheimer out as Sharper Image CEO
For Sharper Image shareholders, enough was finally enough. On Sept. 25, following 18 months of shrinking sales and profits, Sharper Image Corp. founder
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Thalheimer Out as Sharper Image CEO
Following 18 months of shrinking sales and profits, Sharper Image Corp. founder Richard Thalheimer, the merchandising visionary who made high-end gadgetry accessible to the masses, was replaced as chairman/CEO
21st ANNUAL MULTICHANNEL MERCHANT AWARDS
We’ve said it before, but it bears repeating: The Annual Multichannel Merchant Awards aren’t a beauty contest. That’s as true this year as it has been
Sizing + Storage + Velocity = Inventory Slotting Success
The purpose of profiling, or slotting, your inventory is more than just making sure that heavy items are not located in the back of the warehouse or on the highest shelf. It
Six Ways to “Replenish” Replenishment
Here are some tips to consider when reviewing your replenishment operation
Beyond RFID
When it comes to the supply chain, radio frequency identification (RFID) has been hogging the spotlight. But while RFID tags have received plenty of buzz
Running Out of Room?
A growing company running an undersize, suboptimal warehouse needs to embrace growth and resist the temptation to simply throw labor at the problem. There are already a plethora of pressures being put on the warehouse by the on-demand environment that has facilitated SKU proliferation, value-added services, and more customization. On the flip side, the procurement department is buying in bulk for cost savings, creating rising congestion, inefficiencies, and safety issues. As a result, accuracy and productivity levels decline. In the end, adding labor alone will simply increase labor costs and congestion with little to no productivity increases.
Dull Performance Shakes Up Sharper Image
To cut expenses, San Francisco-based Sharper Image Corp. has reduced its corporate work force by 20% and its retail work force by 12%,
25 Ways to Lower Inventory Costs
Inventory policies drive two types of costs: operating expenses and working capital requirements. The latest “Logistics Cost and Service Report” by Establish/Herbert W. Davis and Co. indicates that while total logistics costs as a percent of sales are falling, and most individual companies have succeeded in reducing inventory levels; total logistics costs per hundredweight are increasing, as are inventory costs as a percent of total logistics cost.
What’s in storage
There is nothing more frustrating for a distribution manager than walking by dust-shrouded pallets in a prime picking zone. The overly optimistic merchant