Interview conducted by: Lynn Fosse, Senior Editor, CEOCFO Magazine, Published – October 7, 2019 Mr. Fields, what is the focus at Park City Group, today? Mr Fields: Our primary mission is to help retailers and their suppliers do a better job for ...
Despite some high-profile supplier departures and a belief among at least some in the industry that stores might be better served dealing with fewer suppliers, consumer shopping trends portend a continued increase in direct-store delivery as a means ...
Consumers have made it clear that they are looking for more local and specialty products in their neighborhood supermarkets. This is the most recent, and perhaps most pronounced, phase in the evolution of consumer tastes and preferences, a trend that...
“When retailers allow a supplier to do direct store deliveries to their stores, they have made a deal with the Devil.” So says Randy Fields, the CEO of the Park City Group, and the former Chairman of Mrs. Fields Cookies. As a former retail executive ...
Inventories have ballooned nearly three-fold over the last two decades as localization has been embraced to protect market share and profitability. Yet, localization just might hasten the death of certain banners unless steps are taken to control the...
Consumers have made it clear that they are looking for more local and specialty products in their supermarkets. This is the most recent – and perhaps most pronounced – phase in the evolution of consumer tastes and preferences. It is a trend that star...
“Pizza is all about bringing people together, and ReposiTrak helps us to partner with only the best suppliers because they have the largest compliance network.”
Retailers have more tools at their disposal than ever before to help ensure their shoppers’ safety. Supply chain compliance management has long been a term that strikes dread into grocers, imparting images of stacks of paperwork coupled with the nagging fear of a preventable foodborne-illness outbreak.
Tightening regulations have introduced loftier compliance burdens to global supply chains, made even more complex and challenging as companies do business with thousands of vendors across borders. This is true for any industry, but perhaps even more so in the food retail space, where regulations can be as much about public health and safety as they are about money laundering and fraud.