Pcdata Inc.

Pcdata USA Reflects on Why Target Exited Canada with 5 Billion Dollar Loss

 

East Granby, CT -- (SBWIRE) -- 05/18/2015 -- Sponsored by Pcdata USA, this week's Picking Perfection reflected upon Target's announcement to completely exit the Canadian market after it opened more than 133 stores and employed more than 17,600 people in 2013. This not necessarily indicative of a trend. Paul Noel, SVP at Ivalua discussed the ongoing supply chain issues Target has faced since entering the Canadian market and how that resulted in the retail giant being forced to close all of its Canada stores. Target spent the equivalent of more than $4 billion setting up its Canadian operations, which now are closing, encompassing 133 stores and 17,600 employees, and endured $2.5 billion in losses there over the past two years. But the effort was undermined by a series of errors—from poor store locations to bad pricing decisions—and Target recently determined that the red ink couldn't be stopped for another six years.

Other retailers can learn from Target's mistakes when trying to manage a supply chain abroad.

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Picking Perfection brings important and interesting information to those in the material handling, warehousing, distribution, and manufacturing sectors. From best practices to industry data, this weekly communique reports on trend data, process improvement, and technology evaluations about picking, packing, shipping and profitability.

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About Pcdata USA
Pcdata USA's Pick-to-light systems are part of a lean process, offering shorter throughput, fewer errors, and significant cost savings; the results: increase customer satisfaction, increase ability to supply products, and process transparency. Traditional picking methods are one of highest expenses when operating a warehouse. Pcdata USA lowers that cost through leading edge Pick-to-light systems. Unlike implementation products, the easy installation solution is resulting in huge product growth throughout North America.

Pcdata USA is a global logistics systems leader for supply chain automation. Pcdata USA was recently named a Finalist for the 2015 MHI Innovation Award for Best New Product: Smart Glass AR (Augmented Reality). Pcdata USA was also recently recognized with the 2014 Best of East Granby Award in the Professional Services category by the East Granby Award Program. Pcdata USA offers affordable out-of-the-box warehouse optimization solutions. Contact Pcdata USA at 855-844-1086.

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Pcdata USA
http://www.pcdatausa.com
Antonio Rodrigues
Senior Manager
sales@pcdatainc.com
732-991-5974