-
The Home Depot builds physical omnichannel infrastructure
The Home Depot is building physical infrastructure to support online operations. The home improvement giant is officially opening the third of three facilities designed to support its online business, IT transformation and overall interconnected retail strategy.
The new 1.6 million-sq.-ft. facility is located in Troy Township, Ohioand is expected to eventually employ 500 workers. Home Depot is opening the center as online sales continue to grow and currently account for 5% of total revenues.
-
Study: Retailers sense need for improved demand planning
Key forecasting metrics have remained essentially flat for five years, but one emerging technology offers retailers the chance for improvement. According to the sixth annual Forecasting Benchmark Study from supply chain software provider Terra Technology, companies using sensing demand systems consistently double overall forecast value-add and reduce error by 37%.

