3 Reasons Why Retailers Should Pay More Attention to Their Backroom

Thanks to just-in-time inventory management practices, speed of delivery and readily available product distribution, the backroom of your typical retailer has steadily shrunk over the last decade.  This is true for clothiers, fast food, and most other retailers looking to maximize profits and utilize the space to effectively support front end marketing strategies.

4 Reasons “The Maker Movement” Will Redefine Traditional Manufacturing in the U.S.

My Dad and I met for lunch recently, and he showed me plans for a custom potting bench he had already designed and built for my mother.  Before I get too far, I should say that it is a beautiful piece and received rave reviews from the ladies at bridge club (nice work Pop).  He wants to market the product online and was looking for pointers from a trusted Xennial on website design, marketing and distribution so he could determine whether or not a larger market existed for the beloved potting bench (i.e. beyond bridge club).  I don't know where my Dad's project will land, but it got me thinking about how DIY could revolutionize our idea of traditional manufacturing.

Blockchain 101: Supply Chain Risks and Rewards

Despite the hype, Blockchain is not a "silver bullet" answer to all the problems supply chain faces today.  Instead, I think the value of Blockchain will be fully realized after a cumulative progression of new technologies and market disruptions (e.g. 3D printing, AI, big data, IoT) lay a more stable foundation for Blockchain to gain acceptance.  This …

LUXLOCK: The Internet of Product (IoP) and “The Barbell Effect” in Action.

Earlier this year, I made some predictions in Innovate or Die: 5 Omni-channel Strategies Amazon is Trying to Outrun.  As a part of those predictions, I talked a little bit about the "barbell effect" and how there would be a dichotomy between luxury/high-end, customized, boutique firms that offered a unique customer experience for a premium and hyper-local/convenience …

NARCOS vs. Apple: Two Addictive Products and Supply Chain Similarities (Legal or Not)

It has been said that smartphone devices are designed to provide a level of gratification on par with drug use or gambling, which piqued my interest.  After doing some basic research I quickly realized there are some interesting parallels between a Fortune 100 supply chain and a drug cartel. The success of the iPhone would …