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1 day ago8 best supplier management software platforms for 2026
Effective supplier management is crucial for business success, especially in a volatile environment with increasing third-party risks.
Chef Robotics has recently reached a remarkable milestone by completing 100 million servings in production, underscoring the company's commitment to innovation and the importance of automation in food manufacturing.
Whole Foods shelves sit empty after a data breach shut down its wholesale distributor. Meat packers working for JBS Foods are paralyzed as an $11 million ransomware attack takes out their processing facilities. Some 2.2 million workers at Stop & Shop and Hannaford have their personal data exposed as the result of a cyberattack on parent company Ahold Delhaize USA. These scenarios, straight from a William Gibson novel, are becoming increasingly common in supply chains across the world.
Retail point-of-sale systems today offer a wide range of options for peripherals and hardware. Their technical specifications play a major role in selection, and big retailers often choose multiple vendors to reduce a single point of failure. This gives them an advantage to negotiate price or support as well. Technically, these peripherals also require updating with new models and may have new feature sets. This necessitates the redevelopment of point-of-sale applications, increasing development costs.
From a meteorological perspective, the winter storm sweeping across the country this weekend is a supply chain disruption in its own right: A high-pressure system from the north is smashing into a low-pressure system from the south, belting large swaths of the US with heavy snow, sleet, and freezing rain. While the snarl in the upper atmosphere could trickle down to the real supply chain on the ground, some retailers are taking steps to anticipate the impact of the storm and position their products accordingly.
Efficient business practices boost bottom lines, and finding the right balance begins with using the right productivity software tools. For entrepreneurs and small-business owners, time spent searching or navigating different tools could be better spent growing your company. Having the right productivity software in place isn't just convenient, it's essential for operational efficiency. The challenge many entrepreneurs face is balancing software costs with functionality.
Designed specifically for loads with length or irregular shape, cantilever systems are widely used across manufacturing, builders' merchants, and industrial storage environments. What is cantilever racking? Cantilever racking consists of vertical columns with horizontal arms extending outwards to support loads. Unlike pallet racking, there are no front uprights or obstructions, which makes loading and unloading long items safer and more efficient. This open design allows materials to be handled by forklift, side loader, or manually, depending on the application.
The technology underpinning retail operations is under scrutiny in 2026 as fashion executives look to streamline systems with the aim to unlock efficiency, cut costs and meet consumer expectations for speed and personalisation in the shopping journey. At the retail event Lightspeed Edge on 12 January, Lightspeed - the unified point-of-sale (POS) and payments platform for SMEs such as Apricot Lane Boutique and Neal's Yard Remedies - convened industry leaders to explore the strategic imperative for integrated technology ecosystems over siloed systems.
Nine in ten retailers globally are planning to raise their spending on artificial intelligence (AI) to optimise their e-commerce operations over the next 12 to 24 months, with online delivery execution a key area of focus. A total of 38% of European retailers identify speed, tracking and proactive communication around the delivery process as areas where AI can deliver the greatest impact.
Statistics from the 2025 holiday shopping season clearly show that AI is playing a huge role in how people shop. But new research from retail payment platform Adyen found that many consumers are ready for AI to become their personal shopper. Just over half-51%-said they're open to letting AI take over the entire shopping process, including making final purchases. Millennials are the most willing to let agents do their shopping, with nearly three in five saying they are ready for such a shift.
Surveys suggest customers want to use AI for shopping and to see AI tools from retailers. In a CI&T survey conducted in 2025, 58% of 1,040 U.S. consumers said retailers should use AI to improve the shopping experience, and almost 75% said they were already using AI tools at least occasionally in their path to purchase. In a separate survey from Gartner last March, 56% of millennials said they would be willing to let AI handle or assist with some of their shopping tasks.
Given that ParkerBrand had allocated greater resources to paid media, higher performance objectives were set for 2019. Overall, the goal was to grow revenue rapidly over a short period of time whilst maintaining the return on ad spend (ROAS) to remain profitable. This translated into the following objectives: Achieve a minimum of 10:1 ROAS "Grow revenue as much as possible" from a year-on-year perspective
Markup is how much you add to your cost to get your selling price. If something costs $10 and you sell it for $15 , you added $5. That's a 50 percent markup on your cost. Where people get confused is that markup isn't the same as margin, even though the terms get used interchangeably all the time. Margin measures profit as a percentage of the selling price, and markup measures it based on your costs. Same dollar, different percentages.