ModusLink Sees Changes in Retail Evolution Impact as Holiday Approaches
ModusLink has an interesting point of view on what is actually happening in the evolution of retail, and it sees the relationship between stores and their suppliers changing fundamentally. Those changes have become particularly evident as the holiday season approaches. Today, most product sold at major retail chains, outside of food, is sourced overseas, and ModusLink supports the global supply chain with the communications and other technology it manages. Lorcan Sheehan, ModusLink senior vp of marketing, noted in an email interview that critical changes include the growth of vanilla products and the capacity to drive goods into the market promptly when demand calls. Vanilla products are those that are created conceptually and developed with the notion that retailers will have…
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