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Scoop.it!
Mining for data can be hard work, but can be very beneficial for online retailers to stay competitive. You can look for competitor prices, but even better, you can look for competitors pricing structures to be able to have an edge against the competition. A useful tool, too, is to do a SWOT analysis to compare yourself to your competition 
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Scoop.it!
Retailers and clothing manufacturers have agreed to sign up to the Bangladesh Fire and Safety Act, which it is hoped will improve conditions for workers in the country's garment and textile factories. Via EcoVadis
EcoVadis's comment,
May 31, 2013 12:27 AM
Too bad Walmart chose to act on its own on this. Isn't collaboration a win win situation to solve such complex issues?
Amelia's comment,
May 31, 2013 6:48 AM
Yes, it is bad, some of fashion retailers also chose not to sign. I think they believe that their own way will be much more effective than signing that pact..
EcoVadis's comment,
June 1, 2013 8:33 PM
Indeed.... Meanwhile, we know that collaboration decreases costs (e.g. shared audit) and can be very effective (e.g. Joint Audit Cooperation in the telco industry, or EcoVadis-led Together for Sustainability (TfS) initiative)...
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