Dec 12, 2009

Did “Holiday Shopping” just revive the supply chain?

 

Here’s an interesting agglomeration of statistics from the recent shopping frenzy we’ve seen in the United States. As per several varying estimates, more than 195 million shoppers went out to shop and ended up spending more than $41.2 Billion. That is in fact more than last year albeit with a lesser spend per person.

Here’s an interesting set of graphs that caught my attention. These are primarily of the retail sector and are from the Mint Blog. Check these out and see if they signify a turnaround to you!!

BlackFriday2_R6

And by the time you get to digesting that, here’s a totally different set of statistics from Cortera’s Supply Chain index. The website contemplates why they are seeing these surprisingly good results at this point of time in particular.

12-2-2009-cortera-supply-chain-index-NOV-09

Here’s an excerpt from a Businesswire article about the same.

Data from the prior month (Cortera’s October 2009 Supply Chain Index) had revealed a slowing of payments consistent with a seasonal pattern seen over the past couple of years (2007 and 2008), as manufacturers, suppliers and retailers take on additional trade credit related debt in advance of the holiday shopping season. However, in the past, such seasonal delinquencies often continued over several consecutive months, continuing throughout the holiday season and typically returning to normal levels in January, as the cash received from sales flowed back through the supply chain. The latest data represents the fifth time in the last six months that the Cortera SCI has revealed improving cash flow conditions throughout the supply chain, though the SCI remains 20 percent higher than pre-recession levels of two years ago.

Source: BusinessWire Article

 

I’m not saying anything – but if you put two and two together, seems like consumer spending in the holiday season was just the boost the economy (more importantly supply chains) needed.

Dec 12, 2009

Did “Holiday Shopping” just revive the supply chain?

 

Here’s an interesting agglomeration of statistics from the recent shopping frenzy we’ve seen in the United States. As per several varying estimates, more than 195 million shoppers went out to shop and ended up spending more than $41.2 Billion. That is in fact more than last year albeit with a lesser spend per person.

Here’s an interesting set of graphs that caught my attention. These are primarily of the retail sector and are from the Mint Blog. Check these out and see if they signify a turnaround to you!!

BlackFriday2_R6

And by the time you get to digesting that, here’s a totally different set of statistics from Cortera’s Supply Chain index. The website contemplates why they are seeing these surprisingly good results at this point of time in particular.

12-2-2009-cortera-supply-chain-index-NOV-09

Here’s an excerpt from a Businesswire article about the same.

Data from the prior month (Cortera’s October 2009 Supply Chain Index) had revealed a slowing of payments consistent with a seasonal pattern seen over the past couple of years (2007 and 2008), as manufacturers, suppliers and retailers take on additional trade credit related debt in advance of the holiday shopping season. However, in the past, such seasonal delinquencies often continued over several consecutive months, continuing throughout the holiday season and typically returning to normal levels in January, as the cash received from sales flowed back through the supply chain. The latest data represents the fifth time in the last six months that the Cortera SCI has revealed improving cash flow conditions throughout the supply chain, though the SCI remains 20 percent higher than pre-recession levels of two years ago.

Source: BusinessWire Article

 

I’m not saying anything – but if you put two and two together, seems like consumer spending in the holiday season was just the boost the economy (more importantly supply chains) needed.