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Stock impact report

Why Consumer Demand For Faster Shipping Will Force Supply Chains To Change Strategies [Forbes]

JC PENNEY (JCP) 
Last jc penney earnings: 2/27 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.jcpenney.com
Company Research Source: Forbes
Why Consumer Demand For Faster Shipping Will Force Supply Chains To Change Strategies While industries may be close to hitting the peak of what their supply chains can do, there is another, very different solution to getting products into consumers’ hands. Getty FedEx did something special for the holidays—they offered late-night pickups to ensure same-day shipping and two-day delivery. It would be a stretch to say this news was unexpected or shocking. It was really just the next logical step in meeting the increasingly time-sensitive demands of online consumers. Amazon changed the game with free two-day delivery, and now more retailers—both physical and online—are scurrying to keep up. Of course, that puts pressure on companies like FedEx or UPS to deliver. And of course, they’ll do just about anything they can, including extending hours during periods of high volume, to make sure customers get their goods on time. It’s a cycle that shows no signs of slowing. While industries may be Show less Read more
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