Remove Accounting Remove Fulfillment Remove Supply Chain Management
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Want to Cut the Cost of Fast Fulfillment? It All Starts with Inventory Placement

Retail TouchPoints

The problems with getting products to people quickly and cheaply are well-known: consumers want fast fulfillment, which is costly to provide, but they don’t want to pay high (or really any) shipping fees. Even Amazon , the trendsetter in fast fulfillment, isn’t immune to higher labor costs. Unemployment is at 3.5%

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In 2025, Changing Consumer Demand will Reshape the Supply Chain

Retail TouchPoints

According to Gartner, more than three-quarters of supply chain leaders are being asked to improve their customer experience (CX) strategies. A customer-centric approach to supply chain management is challenging; it requires a deep understanding of consumer expectations and behaviors, not just today but also for the foreseeable future.

Consumer 279
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How Hot Topic and Lamps Plus Mastered Inventory Management and More

Retail TouchPoints

Smart retailers are realizing that their increasingly complex omnichannel offerings have made strong supply chain management more important than ever. The retailer has seen digital sales shift away from next-day deliveries, which now account for just 18.2% It manages our BOPIS component.

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How retailers are overcoming the tyranny of distance

Inside Retail

With retail business leaders increasingly focusing on their supply chain management, here are three ways they can “unbound” their supply chains. One way is by transforming their retail stores into micro-fulfilment centres that focus on delivering and offering pick-ups rather than the traditional retail experience.

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Retail Trends in 2021 — Overcoming 2020’s Challenges

Retail TouchPoints

Now the store is viewed as a flexible asset, capable of fulfilling a variety of needs: Distribution center supplying inventory to other locations Ecommerce fulfillment Amazon return hub Curbside pickup Private bubble/pod shopping location Retooled for more buying, less shopping Emphasis on health and safety, contactless shopping.

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Tackling the Growing Problem of Fashion Returns Earlier in the Supply Chain

Retail TouchPoints

Circling back into the feedback loop, manual supply chain management can contribute to product inaccuracies, thus further heightening the levels of returns. A lack of valuable storage space available at fulfillment centers due to warehouse build-up of returns also causes an increase in unfilled backorders.

Returns 328
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Traceability is the Foundation of Supply Chain Due Diligence

Retail TouchPoints

In December 2023, the European Parliament and the European Council reached a provisional agreement on the Corporate Sustainability Due Diligence Directive (CSDDD), a sweeping law that mandates companies to actively monitor and rectify any human rights and environmental risks within their global supply chains.