Shrinkflation Risks Consumer Blowback
Consumers are not so dumb that they fail to see when they are getting less product for their money. It’s called “shrinkflation.” The Merriam-Webster Dictionary notes, “Shrinkflation is the practice of reducing
In this blog, we discuss cognitive computing and other technologies with a focus on supply chain management and innovation. Other topics of discussion include digital enterprise transformation, marketing, the Internet of Things, and smart cities. Our goal is to advance the public discussion about how cognitive computing and other advanced technologies affect the world in which we live.
Bradd C. Hayes is the active editor of this blog.
Consumers are not so dumb that they fail to see when they are getting less product for their money. It’s called “shrinkflation.” The Merriam-Webster Dictionary notes, “Shrinkflation is the practice of reducing
The world’s oceans have been a vital part of global trade since humans first launched ships from shore. Today, nearly 90 per cent of global trade is carried by sea-going vessels. As
Recent events remind us how big the world is and how vital ocean supply lines are for the global economy. Nearly 90 per cent of global trade is carried by sea-going vessels.
Everyone is happy when things go as planned. Unfortunately, in a world characterized by volatility, uncertainty, complexity, and ambiguity, things seldom go as planned. That’s the main reason why supply chain experts
Anyone who follows U.S. politics knows there is a wide divide between Democrats and Republicans when it comes to green energy. Some of these differences can be explained by the fact that
The world has changed so dramatically that EY analysts Matthew Burton and Joost Vreeswijk assert global supply chains need to undergo a great reset.[1] According to Burton and Vreeswijk, there are five
What comes to mind when you hear the word “reset”? According to the Oxford Dictionary, reset means to “set again or differently.” When it comes to the so-called “supply chain reset,” setting
The late business guru Peter F. Drucker once stated, “Whenever you see a successful business, someone once made a courageous decision.” For years, business consultants have encouraged businesses to become data-driven. They
Every day seems to bring with it a new headline about growing political tensions. Geopolitical concerns motivated Les Williams and Andres Franzetti, Co-founders of Risk Cooperative, to ask, “How will current tensions
Everyone knows, during the holiday season, that the Christmas tree is the undisputed king of festive greenery. Nevertheless, walk into any store selling live or artificial plants during the holiday season and
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