Earlier this week, RILA made an exciting announcement about the featured speakers confirmed to present at the 2018 Retail Supply Chain Conference in Phoenix, February 25–28. The educational content and the caliber and quality of speakers that make up the agenda are a large part of what makes the event the best-in-class, must-attend event for retail supply chain executives. Register now and prepare to gain insights to answer questions like:
What are the most valuable leadership lessons of the retail industry's top executives?
Kohl's Chief Operating Officer Sona Chawla will open the conference with firsthand insights on becoming a best-in-class omnichannel retailer, navigating today's fulfillment landscape, meeting the customer where she is and the supply chain of the future. The top supply chain executive from The Home Depot, Walgreen, and Walmart, will present their unique approaches to the complex challenges facing retail supply chains today.
What do the latest technologies transforming retail logistics mean for my supply chain?
From drones to AI to self-driving trucks, we have several sessions planned featuring leaders in supply chain solutions and retail technology to help you stay up-to-date on the innovations just around the corner. We'll have leaders from Google Express, IBM, DHL, and more discussing how these technologies are revolutionizing the way retailers deliver products to consumers.
How are America's largest retailers accelerating their own supply chains?
Hear directly from supply chain pros from Walmart, Five Below, PUMA North America, and more as they share how their companies are approaching supply chain management in the digital age. They'll cover everything from network design to fulfillment strategies to growth strategies, and more.
How will the current political and economic climate affect your supply chain?
Forbes Publisher, Editor-at-Large, and Global Futurist Rich Karlgaard will lead a session on the U.S. and global economic outlook for 2018, focused on the rapid evolution of technology and how it will continue to alter the business landscape. Additional sessions will focus on the ongoing NAFTA renegotiations and their effects on retail operations throughout the continent, President Trump's trade policies and their impacts on global value chains, and, as infrastructure continues to become a hot button issue in Washington, we've added a diverse panel of the Executive Directors from West Coast, Gulf Coast, and East Coast ports to discuss the latest developments and key issues facing our ports today.
Where do I find "big picture" inspiration?
Retail Prophet Doug Stephens will give an amazing tour of the future, where the retail experience as we know it will be radically transformed. As we consider ways to navigate that change, Jake Woods, co-founder and president of Team Rubicon, will draw upon lessons learned in working with veteran volunteers responding to catastrophic eventsto provide a framework for becoming a better leader and building more agile organizations. Activist and Author Elizabeth Smart sharing her incredible story of perseverance in the face of unimaginable adversity.
Have more questions? See a speaker or session that interests you? Explore the agenda and register now for the 2018 Retail Supply Chain Conference. We can't wait to welcome you to Phoenix!
While most businesses conceptually understand the financial and environmental value in investing in energy efficiency projects, successfully proposing and greenlighting new energy projects internally can still be a challenge. Retail energy managers must navigate internal competition for funds, short- and long-term budget cycles, and cross-departmental buy-in as they seek to move projects forward.
The new Workflow and Approval Process Guide, prepared by RILA and the Institute for Market Transformation (IMT), helps retail energy professionals think more strategically about the project proposal and budgeting process. It is the latest in a suite of financing resources produced through RILA's cooperative agreement award from the Department of Energy (DOE). From getting buy-in from all affected departments to aligning the project's objectives with the company's public goals, this guide considers the many factors that impact the approval process for energy projects and provides thoughtful insights on how to navigate them.
Using a graphic flow chart, the guide walks through the three phases of a successful energy project proposal, highlighting key questions to ask along the way and identifying common pitfalls that could slow or stop projects. The chart is designed to prepare energy managers for the final step in project approval: presenting to finance and senior management.
Use this flow chart to ensure your process yields a comprehensive project proposal.
In addition to the above flow chart, the guide includes an implementation model case study featuring Food Lion, detailing how the grocery chain's comprehensive approach to energy project planning helps them integrate energy efficiency into larger company goals like customer service and cost saving.
The model highlights how Food Lion already successfully applies many of the Guide's leading practices for project proposals, to help key stakeholders recognize the value of energy management to the company's long and short-term goals.
Access the full Workflow and Approval Guide, including a full-scale flow chart pictured above, here. To learn more about RILA's energy management program and its similar resources, please contact Erin Hiatt, RILA's director of energy, sustainability, and research.
It's no secret that retailers have long been advocates for tax reform. The industry is a significant economic driver in the US, supporting over 42 million jobs, yet the industry pays among the highest effective tax rates of all sectors, at 35 percent.
That's why, when Congress set its sights on tax reform earlier this year, retailers rejoiced. If you've been following the news, you know that over the last few weeks, both House and Senate leadership have introduced bills aimed at fixing our broken tax code. The House passed their bill last week and the Senate is expected to vote on their version of the plan in the coming weeks. After 31 years, it appears comprehensive tax reform that closes harmful loopholes, lowers rates, and puts money back in the pockets of consumers is finally within reach.
The industry is focused on getting comprehensive tax reform across the finish line, and as the association for the nation's largest retail brands, RILA is committed to doing our part to make sure reform reflects the needs of businesses and our customers.
Last week, we hosted a tele-town hall with one of the most important leaders in the debate, Treasury Secretary Steven Mnuchin. RILA member companies and partners from across the country, including state retail associations and small businesses, joined to learn more about the proposals and their impact on individuals and businesses.
Mnuchin explained how the Trump Administration views tax reform as critical to economic growth and is optimistic in the aggressive timeline laid out for passage by the House and Senate. In walking through the objectives behind the Administration's push for tax reform and details in the current proposals, Mnuchin was enthusiastic about the potential for job growth, increased investments from the business community, and more money in the pockets of consumers. The Secretary emphasized the role of retailers in the economy, namely as job creators, and thanked the industry for their support throughout the tax reform process.
Earlier in the week, RILA Senior Executive Vice President of Public Affairs Brian Dodge sat down with radio and TV stations across the country to discuss why enacting comprehensive tax reform now is so important for the retail industry and consumers.
A few of Dodge's interviews can be seen via the following links:
RILA will continue to stay engaged in the tax reform debate in the coming weeks and remain optimistic about passage before the new year. For more information, visit rila.org/tax.
By every meteorological measure, 2017 has been one of the worst hurricane seasons on record — and it's not over yet. As of mid-October, this year ranks as the 7th most active Atlantic hurricane season in recorded history.
In dollar terms, the damage has been staggering. Moody's Analytics predicts Hurricanes Harvey and Irma alone will cost between $150 and $200 billion in combined property damage, likely making 2017 the second costliest hurricane season after 2005 when Katrina devastated New Orleans.
While the storms dominated all media channels during the height of their activity, there is relatively little coverage now, just over 60 days after Hurricane Harvey first hit the southern coast of Texas. But the reality is that thousands of families lost everything they owned and are still displaced with their lives having changed completely over the course of a few days. The challenge is that once the media has cycled to the next breaking stories, the disaster-impacted regions are often forgotten. But those communities will be on a journey to recovery for months, if not years.
Good360 takes a holistic, long-term view of disaster recovery and, with its partners, is prepared to support impacted communities through every stage of a disaster, from early response to long-term rebuilding. The string of massively destructive storms led us to engage our network of private, public, and nonprofit partnerships like never before. Within a few short weeks, we reached out to numerous corporate partners and secured commitments for tens of millions of dollars in critically needed goods. From Houston to Miami to San Juan, Puerto Rico, we have met with dozens of nonprofit organizations to assess the immediate damage and to understand what will be needed for the long-term recovery.
As an organization, we have had to stay nimble and come up with creative and collaborative solutions to respond to ever-changing conditions on the ground. However, our core principle remains the same: to get the right goods to the right people at the right time.
A number of RILA members have already committed to help us with this goal by pledging support for the long-term recovery needs of hurricane-impacted regions through their partnerships with Good360. Throughout this tumultuous hurricane season, they have responded with a level of urgency, seriousness, and generosity that underscores their commitment to being leaders in corporate social responsibility.
- We collaborated with Rooms to Go to outfit 100 apartments for displaced hurricane survivors in Houston. The effort was part of the company's hurricane-related pledge to provide $2 million in funding and 2,000 rooms worth of furniture.
- American Eagle Outfitters announced it was donating $200,000 to Good360 for hurricane response efforts, tweeting that the "rain in Texas may have stopped, but the work is just beginning". The company also encouraged customers to make their own donations.
- Crate and Barrel committed furniture for the long-term recovery efforts and encouraged both employee and customer donations via a dedicated landing page.
- Nike pledged multiple truckloads of clothing to be made available to individuals in impacted areas over time as needs are identified.
- CVS Health donated two truckloads of water, snacks, and basic toiletries for survivors in Puerto Rico. They also shipped needed personal items to survivors in the Northern California wild fires.
- VF/Wrangler is working with Good360 and Cotton Inc. to direct insulation made from donated cotton apparel to long-term recovery projects in Texas. The program is part of the Blue Jeans Go Green initiative.
- Regis Corporation shipped over $100,000 in personal care products to survivors in Houston. These were used in shelters across the impacted area.
- The Home Depot shipped several truckloads of needed generators, tarps and other equipment and tools through Good360 to support efforts in Florida, USVI and Puerto Rico.
- Levi's committed 2 truckloads of highly needed socks and underwear; one to survivors of Irma and one in support of survivors of Harvey.
- Gap, Inc. committed 1 truckload of socks and underwear in support of survivors of Harvey.
- Target donated a significant amount of pillows to Good360 earlier in the year, some of which we pre-positioned for future disasters and have been able to distribute quickly when needs have been identified.
These corporate partnerships illustrate what's possible when we are able to creatively and collaboratively mobilize our private, public and nonprofit networks. Our unique position as an expert connector between corporations and nonprofits enables us to take the lead on disaster recovery efforts in ways that might not be possible for other nonprofits or even federal agencies. By working together to address needs in a thoughtful and purposeful way, we are collectively driving the long-term recovery of these communities.
This is a guest blog post by Good360
Cognitive computing. Prescriptive Analytics. Omnichannel Distribution Strategies. These are just a few of the topics retail supply chain leaders discussed last week at RILA's Supply Chain Leaders Council meeting, sponsored by IBM and CN.
The group met on the campus of MIT's Sloan School of Management and began discussions around the future of the retail industry, specifically the latest advancements in supply chain management processes and technology. As retailers enter and embrace the age of (R)Tech, conversations around cutting-edge technology and innovation are increasingly converging with conversations about long-standing retail operations, including supply chain.
The agenda for this annual meeting of top retail supply chain executives focused heavily on the technology transforming the logistics game, and for the first time, included an innovation showcase, during which retailers heard from four early-stage startups working to disrupt supply chains via advanced analytics, robotics, sensors, and more.
Attendees heard from a wide variety of speakers throughout the two-day meeting, including experts from MIT's MITx MicroMasters in SCM, Leaders for Global Operations, and MIT Megacity Logistics Lab. Representatives from these MIT initiatives shared how they're solving for common challenges in the retail supply chain with things like data analytics, product design, omnichannel strategies, and more.
To explore more how these technologies can and will transform supply chains, the group heard two retail case studies. Profitect's Guy Yehiav and Ascena Retail Groups Nate Wortman shared how prescriptive analytics simplifies supply chains by improving on time shipments, promotional success, and overall customer service. In the second case study, Big Lots Stores' SVP for Transportation and Distribution Services Carlos Rodriguez shared how the retailer's Inbound Transportation and Optimization and Smoothing project connects timing of purchase orders, vendor capabilities, and low cost mode utilization of transportation and D.C. inbound logistics.
In addition, Christopher Davin, vice president & lead client partner at IBM paired up with Jeff Ziegler, senior director, solutions strategy at JDA to discuss the potential for Artificial Intelligence to disrupt supply chains by finding new conclusions in existing enterprise data and cloud knowledge.
To learn more about RILA's community of retail supply chain professionals or this meeting in particular, please reach out to Lisa LaBruno.
Day two of the 2017 NAEM EHS & Sustainability Management Forum was a huge success! Check out our recap below for highlights and pictures from today's sessions.
Click the button below to access.
Be sure to follow us on Twitter @RetailCRC to stay up-to-date on all the latest retail environmental compliance news.
Thank you to all the retailers who are here with us at the 2017 NAEM EHS & Sustainability Management Forum. The event is off to a great start, and we're excited about all of the engaging content to come in the next few days.
Each day, we'll share key takeaways, top tweets, photos, and videos to help you recap your conference experience.
Learn more about the EHS & Sustainability Forum and RILA's partnership with NAEM here.
Day 2 Recap
Day three of the 2017 Retail Law Conference was a huge success! Check out our day three recap to see all the highlights from the conference and our afternoon of innovation at the Accenture Customer Innovation Network.
We look forward to seeing everyone next year, October 10-12, 2018 in Austin, Texas.
[ Day 1 Recap ] [ Day 2 Recap ]
To learn more about the conference, visit us online at www.rila.org/rlaw
Day two of the 2017 Retail Law Conference was packed with exceptional content and networking. Check out our day two recap to see some of the highlights.
Follow us on Twitter @RILAtweets
throughout the week for live updates from all of the sessions, and use #RLAW
to share your favorite moments from the conference with us!
Thank you to all who helped us kick-off the 2017 Retail Law Conference.
Each day we'll share key takeaways, top tweets, photos and videos to help you recap the conference hightlights, hot topics buzzed about & new challenges retailers face.
Follow us on Twitter @RILAtweets
throughout the week for live updates from all of the sessions, and use #RLAW
to share your favorite moments from the conference with us!