Logistics and Retail Management: Insights Into Current Practice and Trends from Leading Experts

Endorsed by the Institute of Logistics and Transport
As educators involved in the teaching of logistics and the supply chain, particularly in the context of retailing, we find it increasingly hard to get over to students how much things have changed in the retail supply chain, and also how many challenges remain. Many approaches and results are taken for granted, and it is assumed that supply chains have always been at the forefront of retail innovation and have always delivered the goods. Nothing of course could be further from the truth.
For a long time, the supply of products into retail outlets was controlled by manufacturers and was very much a hit or miss affair. Consumers had to put up with the product they found (or did not find) on the shelves, and retailers and manufacturers operated in something of an efficiency vacuum. This situation has now been transformed. Retailers have recognized the need to have more involvement in supply chains and noted that benefits can be achieved in both service levels and cost reduction. Massive efforts have been made to reorganize and reprioritize activities in moving products from production to consumption. Notwithstanding the major strides made, some challenges remain.