Target has hired an Amazon alumnus to reform its supply chain.
According to the Wall Street Journal:
Target is racing to modernize its supply chain operations to handle all these jobs as it addresses problems that cropped up during the transition. In recent quarters, Target has struggled with inventory shortfalls as it tried to cater to online and in-store shoppers at the same time...
To help address the new challenges, Target on Monday hired retail supply chain veteranArthur Valdez as its chief supply chain and logistics officer. Mr. Valdez, who spent 16 years at Seattle-based Amazon.com Inc., will join the retailer March 28. He is the most senior hire that Target has made from the online retailer, which formerly ran Target’s Web operations for a decade until 2011.
He joins Target amid top-down reviews of its supply chain and a separate project designed to transform grocery operations, where there are even more problems to fix. The future look of its supply chain is expected to be one of the areas Target executives will discuss on Wednesday during an annual meeting with Wall Street analysts.
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