World Wide Web Wednesday #5

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Whether you need some lunch time reads or something to get you past hump day, we’ve curated five links we think you’ll enjoy!

How does the iPhone stack up against your daily coffee?

iPhone X, pronounced “iPhone 10”, will be up for sale on Friday, November 3. Unsurprisingly, a hefty price tag is attached to this phone – the 64GB configuration alone will set you back $999. The latest iPhone might seem like a big investment, but how does it stack up against your daily coffee habit?

A store with no inventory

Nordstrom, an American chain of luxury department stores, is announcing an interesting concept for their new store – a store without inventory. Are stores adopting this strategy to address competition from e-retailers?

Embracing RFID tech for your channels

Businesses can do amazing things with RFID technology. Retail omnichannel processes have been put to the test in recent years. Convenience options such as buy online and pick up in store put additional pressure on overburdened store processes and staff. What are some things retailers should consider when planning to implement RFID to improve their omnichannel readiness?

Want to be rich? Don’t copy Bill Gates.

The superstars are ones who are the most skilled or talented, right? This idea is flawed. As this article in the BBC explores, exceptional performances tend to occur in exceptional circumstances. Top performers are often the luckiest people, who have benefited from being at the right place and right time.

Goodbye Geoffrey

This week, we say goodbye to one of the largest toy store chains, Toys R Us. They recently filed for bankruptcy protection, weighed down by a heavy debt totalling more than $5 billion. They are the latest casualty of the pressures facing brick-and-mortar stores.

More about the author:

Melanie - Unleashed Software
Melanie

Article by Melanie Chan in collaboration with our team of Unleashed Software inventory and business specialists. Melanie has been writing about inventory management for the past three years. When not writing about inventory management, you can find her eating her way through Auckland.

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