Canadian Tire Corp. opens cloud-computing center and digital hub
Toronto — Canadian Tire Corp. announced that it will open the ‘Canadian Tire Cloud Computing Centre’ in Winnipeg, Manitoba, in the fall of 2013. The 28,000-sq.-ft. site will house a digital content warehouse, application lab, testing lab and high performance data centre. It will serve as the core digital hub for the Canadian Tire Family of Companies.
The new facility will provide the company – which includes Canadian Tire Retail, Mark’s, Sport Chek, Sports Experts, National Sports, Atmosphere, Partsource, Gas+ and Financial Services – with 20-times more computing power and 10-times more network bandwidth than its existing technology infrastructure. The Canadian Tire Cloud Computing Centre will be used to host the company’s new ‘App Factory,’ where advanced digital solutions will be developed.
"The Centre is a foundational piece to the digital work we’re implementing across the Family of Companies,” said Eugene Roman, chief technology officer, Canadian Tire Corporation. “As retail evolves into e-tail, the centre will accelerate this revolution. The applications we are developing will power improvements to back-end operations as well as enhance the customers’ in-store shopping experience and turbo-charge their interaction with our brands online."
Tractor Supply Co. increases dividend
BRENTWOOD, Tenn. — Tractor Supply Company, the largest retail farm and ranch store chain in the United States, has announced that its board increased the company’s quarterly cash dividend 30% to $0.26 per share.
"We are pleased to announce the board’s decision to increase our quarterly cash dividend for the third consecutive year. Our dividend program, initiated in 2010, is a key component of our balanced capital allocation strategy, combined with capital investments and share repurchases. These programs are designed to drive shareholder value. This 30% dividend increase reflects our board’s continued confidence in the Tractor Supply business model and our team’s ability to execute the company’s long-term growth strategy," said president and CEO Greg Sandfort.
Tractor Supply Company operates 1,197 stores in 45 states. The company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers. The company also serves the maintenance needs of those who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located in towns outlying major metropolitan markets and in rural communities. The company carries equine, pet and small animal products, including items necessary for their health, care, growth and containment; hardware, truck, towing and tool products; seasonal products, including lawn and garden items, power equipment, gifts and toys; maintenance products for agricultural and rural use; and work/recreational clothing and footwear.
No comments found
Kimberly-Clark migrates to new suppy chain platform
CINCINNATI, Ohio — Kimberly-Clark has completed the migration of its North American Vendor Managed Inventory program to the Datalliance VMI platform, on which it will manage its consumer brands for 15 retail partners.
"We selected Datalliance due to their flexibility to understand the needs of Kimberly-Clark and our customers," said Liz Neuman, Kimberly-Clark director of consumer supply chain solutions. "The transition to Datalliance went smoothly due to on-going dialogue and their willingness to customize applications. We are seeing increased analyst efficiency due to the tool’s ease of use, which has resulted in the ability to leverage data to make better decisions."
"We are excited to have Kimberly-Clark as a customer. They are very experienced with VMI and their insights have helped our on-going efforts to develop new capabilities that support the evolving role of VMI in both consumer and industrial markets," added Carl Hall, Datalliance president and CEO.
Kimberly-Clark is recognized for excellence in supply chain management. They were named as part of Gartner’s 2012 Supply Chain 25 — a prestigious list of the top 25 companies across all industries that best demonstrate leadership in applying demand-driven principles to drive business results. They were listed as the number 7 top company in the Consumer Products industry.
Kimberly-Clark’s brands include Kleenex, Scott, Huggies, Pull-Ups, Kotex and Depend.
Datalliance is a leading provider of collaborative commerce services, and the world’s largest independent VMI service provider. Delivered via the Internet using the ‘Software as a Service’ (SaaS) model, Datalliance solutions aim to make it easy for suppliers and their customers to establish sales and inventory management relationships that fully align business objectives, improve collaboration and streamline supply chain operations.
No comments found