Why Collaboration Is The Next Big Business Opportunity: Analysis
With Brexit looming on the horizon, UK-based retailers and suppliers are increasingly having to think on their feet. Greater collaboration, as espoused by ECR, can offer a helping hand. ESM reports. This article first appeared in ESM Issue 2 2018.
W hile retail is generally considered to be in a constant period of flux, UK-based retailers and suppliers have had to deal with more challenges than most – a collapse in the value of Sterling, a drop in consumer sentiment, and the ‘known unknowns’ presented by the forthcoming Brexit.
Collaboration has long been identified as a means to drive efficiency and instigate growth in the retail sector, arguably now more than ever, according to Wendy Manning, vice president of customer logistics at Coca-Cola Enterprises, and Paul Dunne, supply chain director at Boots. The duo are the co-chairs of ECR UK, which in turn is managed by education and training charity IGD.
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