December 27, 2005

The Need for Lean Retailers

Bill Waddell of Evolving Excellence writes about the need for Lean Retailers. This is a highly relevant article given this week is Boxing Day/Week. Here's a couple of quotes:

"Stuck in their outdated business model, with a simple minded economic model, they all scour the globe looking for a supplier they can wring a few cents out of on the purchase price, then send the product in staggering quantities through the most bloated and wasteful supply chains."


" But somewhere out there is the Toyota of retailing, who will very soon emerge from the fog. They will be the retailer who studies Home Depot and Lowes, and the one to learn manufacturing best. They will understand the Internet better. It is too economically sound to not happen."

Wow! Waddell almost delivers a "manifesto" for the future of retailing. Here's a link to the article called
Lean Manufacturing Needs Lead Retailers.

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