The US is likely past the worst of its supply-chain nightmare. But recent improvements haven’t been enough to cool inflation, and the latest data suggests prices will keep soaring for the rest of the year. The country’s inflation problem is a two-pronged issue. The shipping delays and port bottlenecks of late 2021 left businesses with...

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Summary.   Brands spend billions of dollars a year on lavish efforts to establish and maintain a social media presence. But do those campaigns actually increase revenue? New research provides an answer to this question, which has vexed marketers ever since social media burst upon the scene. In a series of experiments, the researchers tested four increasingly...

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The boardroom has become the one place in business where executives don’t need to worry about being too old. While aging directors bring years of experience and stability to the table, their lingering for longer than expected means there are fewer board seats available to younger candidates. These may be candidates who are experienced in the...

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The Thanksgiving Day feast is barely digested – yet there is still a week or so of leftovers remaining.  I remember, as a child growing-up in Endicott, New York, always marveling at the variety of dishes that could be made from the remnants.  With so many leftovers from every dish served during the prior day’s...

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I grew up in Endicott, New York.  Its claim to fame is being the birthplace of International Business Machines Corporation (IBM).  In the mid-60’s through the mid-80’s, Washington Avenue (the main retail district) – also known simply as “The Ave” – was a-buzz with retail activities from family-owned retailers such as Burt’s (a department store) and Kline’s (a...

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“RFID wszechobecna w Ameryce”, published in the February 2011 issue of Eurologistics Magazine – in Polish. Download PDF “RFID; Ubiquitous in America – and coming soon to the EU” – the article in English. Download PDF

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When I was a child, I remember the prices on products at the store were merely stickers with a currency value on them.  Sometimes, there were several stickers – one on top of the other – and you could see if the price had changed upwards or downwards. And when I was 19 (in 1982 for...

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I have been reading countless articles, and listening to as many newscasts, that all forecast a dismal Holiday season for retailers. And it seems that every retailer is warning their investors to prepare for the worst: lower overall sales, lower margins, lower same-store sales, etc… The news is grim, as customers reportedly tighten their purse-strings...

This post Question: How do I Increase My Sales in a Down Economy? Answer: Sell. appeared first on Operational Excellence Society.