Retail TouchPoints

AUGUST 18, 2020

Organizations would do well to identify secondary suppliers that can help mitigate risks in their supply chain. However, in the context of supply chain management and procurement, business leaders should prepare for three challenges in particular. Where Risk Scenarios Fail. Preparing For Post-Pandemic Challenges.

Supply Chain Management 264

Supply Chain Management Management Returns Fulfillment 264

Retail TouchPoints

NOVEMBER 18, 2021

Americans spent more money online during the 2020 holiday season than previously, with revenues growing 32% year-over-year and exceeding $188.2 Furthermore, a global supply chain crisis and labor shortages are likely to limit the ability to keep stores stocked throughout the fall holiday shopping season and spur increased consumer demand.

Supply Chain Management 264

Supply Chain Management Fulfillment Shipping Consumer 264

Inside Retail

JANUARY 9, 2022

In 2020 and 2021, empty shelves were due to spikes in demand, as shoppers responded to lockdowns by buying more toilet paper, pasta and other consumables. This disrupted the usual rhythms of predictable supply chains. Apart from the first wave in March 2020, shortages were localised. A self-fulfilling crisis.

Supermarket 246

Supermarket Supply Chain Management Fulfillment Wholesale 246

Retail TouchPoints

JULY 30, 2020

According to McKinsey , the value of excess inventory from spring/summer 2020 collections is a staggering $154.5 Aligning supply and demand is more important than ever. This includes regional positioning of inventory for e-Commerce fulfillment, retail store transfers, and direct-to-store shipments straight from overseas factories.

Payment Services 312

Payment Services Supply Chain Management Fashion Shipping 312

Retail TouchPoints

JULY 22, 2021

logistics market generated just under $1 trillion in economic value during 2020, according to data from Statista — making it an extremely tempting market for a company with existing expertise in transportation and logistics technology. The overall U.S.

Supply Chain Management 306

Supply Chain Management Management Marketing ATS 306

Retail TouchPoints

MAY 30, 2022

According to Canada Post , 46% of shoppers made a return in 2020, compared to only 37% in 2019, which equates to nearly $430 billion worth of merchandise winding back into warehouses. Circling back into the feedback loop, manual supply chain management can contribute to product inaccuracies, thus further heightening the levels of returns.

Returns 328

Returns Fashion Supply Chain Management Shopping 328

Inside Retail

OCTOBER 19, 2021

As global apparel revenues plummeted almost 20 per cent in 2020, e-commerce has emerged as the silver lining of the fashion industry’s challenging year. E-commerce fashion sales are expected to grow almost 39 per cent between 2020 and 2023. What can retailers do to make the most of this opportunity?

Merchant Services 147

Merchant Services Fashion Payment Services Checkout 147

Retail TouchPoints

MAY 26, 2022

Dr. Thomas Goldsby , Professor and Chair in Logistics in the Supply Chain Management Department of the University of Tennessee , revealed some of the less obvious reasons for rising prices, the virtues and limitations of “nearshoring” via domestic supply chains and the prospects for supply chain improvements during holiday 2022 and into 2023.

Promotions 290

Promotions Supply Chain Management Consumer Shipping 290

Inside Retail

AUGUST 27, 2023

Expanding reach Since launching in Singapore in 2020, Hydragun is now expanding into markets that are more developed in terms of the fitness, health and wellness category, namely Hong Kong, South Korea and Australia. He said the platform will be key in helping Hydragun achieve its goal of reaching 1 million households by 2025.

Supply Chain Management 130

Supply Chain Management Consumer Fulfillment Marketing 130

Retail Next

FEBRUARY 11, 2020

The rise of e-commerce has encouraged businesses to rethink how they communicate with consumers and manage their supply chains. Here are some of the most significant retail shipping trends to look for in 2020. The factoring company sends money to cover the order invoice and fulfill the fleet’s monetary needs.

Shipping 59

Shipping Drop-Shipping Payment Services Supply Chain Management 59

Inside Retail

NOVEMBER 28, 2022

Following in the footsteps of Instagram, which launched its shop in 2020, TikTok has entered the competitive space with its new shop function, enabling merchants, brands and creators to showcase and sell products directly to over 1 billion users through in-feed videos, LIVEs, and the ‘product showcase’ tab. Higher customer expectations .

Social Commerce 130

Social Commerce Merchant Services Payment Services Fulfillment 130

Independent Retailer

AUGUST 1, 2022

Having insufficient stock to fulfill demand results in missed sales, causes reputational damage, and sends customers to competitors. Businesses that employ data-led solutions to streamline supply chain efficiency will reap rewards. AI and machine learning will increasingly play a role in supply chain management.

Inventory Management 96

Inventory Management Management Inventory Turnover Supply Chain Management 96

Retalon

JULY 30, 2019

Retail fulfillment is defined as the process of receiving, packaging, and delivering an order to the customer. A large portion of a retailer’s business activity—and their success—hinges on effective and efficient fulfillment strategies and processes. Retail Fulfillment Strategy Examples. 2. Third-party fulfillment (3PL).

Fulfillment 32

Fulfillment Drop-Shipping Shipping Supply Chain Management 32

365 Retail

MARCH 29, 2022

Paul Taylor, chief operating officer at international fulfilment services provider fulfilmentcrowd, looks at how e-commerce retailers can effectively scale-up, so that demand doesn’t outpace supply. . This remains up on February 2020 when, prior to COVID-19 impacting the UK, the proportion of online sales stood at 19.8%. .

Fulfillment 59

Fulfillment Inventory Management Supply Chain Management Management 59

Retalon

JULY 30, 2019

Retail fulfillment is defined as the process of receiving, packaging, and delivering an order to the customer. A large portion of a retailer’s business activity—and their success—hinges on effective and efficient fulfillment strategies and processes. Delivering convenience (Retail Fulfillment Strategy Examples).

Fulfillment 32

Fulfillment Drop-Shipping Shipping Supply Chain Management 32

365 Retail

JANUARY 17, 2024

Paul Taylor, chief operating officer at international fulfilment services provider fulfilmentcrowd, looks at how e-commerce retailers can effectively scale-up, so that demand doesn’t outpace supply. This remains up on February 2020 when, prior to COVID-19 impacting the UK, the proportion of online sales stood at 19.8%.

Shipping 52

Shipping Inventory Management Fulfillment Supply Chain Management 52

Retail Geek

MAY 6, 2024

A comparison is drawn between Amazon’s strategies and those of rivals like Walmart and Target, who are adapting their product offerings to match evolving consumer preferences, offering a comprehensive view of the dynamic retail and supply chain management sphere. Like we mailed like $6 trillion in economic stimulus.

Merchant Services 69

Merchant Services Consumer Drop-Shipping ATS 69

Retail TouchPoints

OCTOBER 20, 2021

20, revealed that out-of-stock product messages have jumped 172% this holiday season compared to the pre-pandemic period (January 2020). Earlier investments in synchronized planning and intelligent supply chains that are more heavily weighted to domestic manufacturers are now paying off for these companies, he added.

Supply Chain Management 290

Supply Chain Management Promotions Consumer Fulfillment 290