18 Dec , 2018
Amazon recently made the news by publicly announcing that it is targeting hard to sell items, so called Can’t Realize a Profit (CRaP) for removal from its all-powerful sales channel. Such items are believed to be those that have a low revenue for the cost to ship.
7-11, activity based accounting, Aldi, Amazon, Costco, costs, CRaP, Dash Button, department store, energy costs, featured, fixed costs, Grocery Store, gum, HVAC, labor cost, marginal revenue, Montgomery Ward, profit, Real Estate, Retail, Sears, Shipp, shipping costs, Trader Joe's, warehousing, Whole Foods
Russell Walker helps companies develop strategies to manage Risk and harness value through Analytics and Big Data.
As Clinical Professor at the Kellogg School of Management of Northwestern University, and former Associate Director of the Zell Center for Risk Research, Russell Walker has developed and taught leading executive programs on Big Data and Analytics, Strategic Data-Driven Marketing, Enterprise Risk, Operational Risk, and Global Leadership.