Retail

Retail in transition: How AI can pave the way to cost savings
Retail

Retail in transition: How AI can pave the way to cost savings

Retailers face rising cost pressures, yet inefficiencies in procurement and operations continue to erode margins. While direct procurement has been optimized, indirect spend—often 10-15% of total revenue—remains a hidden opportunity for savings. AI-p...

Innovative e-commerce packaging: your sustainability blueprint
Retail

Innovative e-commerce packaging: your sustainability blueprint

E-commerce has reshaped how consumers shop, but behind the convenience lies a critical challenge—packaging. No longer just a necessity, it’s a strategic advantage. As online retail grows, brands must balance cost, sustainability, and customer experie...

Top 5 trends in consumer procurement & supply chain for 2...
Retail

Top 5 trends in consumer procurement & supply chain for 2...

Supply chains in the consumer sector face unprecedented pressure—rising costs, shifting consumer expectations, and the demand for sustainability are reshaping the game.

Is nearshoring a suitable strategy for your fashion brand?
Retail

Is nearshoring a suitable strategy for your fashion brand?

Fashion brands are increasingly relocating their manufacturing operations from Asia to North Africa and regions closer to their primary markets.

Food supply at risk: 48% more extreme weather events in Europe
Retail

Food supply at risk: 48% more extreme weather events in Europe

The number of extreme weather events in Europe (including the UK) has increased by 48% to 16,956 in 2023/24 (year-end February 6)*, up from 11,442 in 2021/22, adding to the volatility of food prices says supply chain experts Inverto, part of Boston C...

UK Food and Drink Insolvencies surge 108% to 287 in a Year
Retail

UK Food and Drink Insolvencies surge 108% to 287 in a Year

The number of food and drink manufacturing companies entering insolvency has increased by 108% to 287 in the year to the end of June 2023, compared to 138 the previous year says international procurement and supply chain management consultancy Invert...

Due diligence laws: Impact on FMCG procurement
Retail

Due diligence laws: Impact on FMCG procurement

Consumer companies face the dual challenge of adapting to the Due Diligence Directive while navigating an increasingly complex market: inflation has been a critical issue, while consumer spending habits have dampened.