No theme this week. We’re just reading a bunch of interesting articles, and we think you should be reading them too.
Supplier Information Management
We talk a lot about customer data, product data, sales data–things that articulate the performance of the front end of the business. All that is important, don’t get me wrong. But, the back end of the business is often over looked. This article dives into how important it is to maintain clean supplier data, so that you can manage the incoming side of the supply chain.
I love this article, because it takes a hugely optimistic perspective for the small, independent retailer’s future. It’s so easy to get caught up in saying “I’ll never beat Amazon.” This article explains how you independent retailers will compete and that the future is made up mostly of smaller retailers serving specific niches.
This article is a little less “doom and gloom” than the headlines suggests. It’s about how FANG (Facebook, Amazon, Netflix, Google) has changed the business environment. It’s wise to understand these macro changes, so that you can strategize how you will use them to your advantage. This is a good place to start.