Technology and Logistics Archive
Wells’ Dairy Selects System for Vendor-Managed Inventory
LE MARS, Iowa — Wells’ Dairy here has selected Prescient Applied Intelligence, West Chester, Pa., to power the vendor-managed inventory (VMI) program that manages the replenishment of its retail partners’ inventory levels, Prescient announced yesterday. ...
Retailers Wrongly Think Shrink Is Worse for Competitors: Survey
CAMBRIDGE, Mass. — Most major retailers wrongly perceive that shrink is a bigger problem for their competitors than for their own organizations, according to a new research report from the Loss Prevention Research Council. ...
Breaking Point
There will always be unsaleables products that are taken out of distribution because of damage, expiration or discontinuation. But will there always be...
House Task Force to Hold Hearing This Week on Interchange Fees
WASHINGTON — The House Judiciary Committee’s Antitrust Task Force plans to hold a hearing on Thursday dealing the business practices of Visa and MasterCard, including their methods for setting the interchange rates that retailers pay on each credit and debit transaction. ...
Tanimura & Antle Reduces Pallet Damage With New Tool
SALINAS, Calif. — Produce grower Tanimura & Antle here is partnering with Chep, Orlando, Fla., on a new pallet protection tool that reduces product and pallet damage, Chep announced yesterday....
Former Sen. Frist to Speak at NACDS Pharmacy Technology Conference
ALEXANDRIA, Va. — The National Association of Chain Drug Stores reported yesterday that former U.S. Sen. William Frist will speak at the NACDS Pharmacy & Technology Conference, Sunday, Aug. 11, in Boston. ...
GMA/FMI Unsaleables Benchmark Report to Skip 2007
WASHINGTON — The Grocery Manufacturers Association has decided to issue the industry benchmark report for unsaleables every other year rather than annually, according to Stephen Sibert, the GMA’s senior vice president, industry affairs....
Wal-Mart to Access Consumer Tracking Data from NPD
BENTONVILLE, Ark. — Wal-Mart Stores here and The NPD Group, Port Washington, N.Y., announced that NPD will provide Wal-Mart and Sam’s Club with consumer tracking data....
Data Security Compliance Takes 12-18 Months, Says Survey
BOSTON — The average time to meet the PCI DSS (Payment Card Industry Data Security Standard) requirements was consistently estimated at between 12 and 18 months, independent of whether or not compliance had already been reported, according to a new report from Aberdeen Group here....
Chicago, Mass. Independents Adopt Price Optimization
CHICAGO — Potash Bros., a two-store independent here, and Crosby’s Markets, with six stores in Massachusetts, are among the 13 new independent retailers using “RAPS” price optimization software from Revionics, Sacramento, Calif., Revionics announced yesterday. ...
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