Remove Accounting Remove Returns Remove Supply Chain Management
article thumbnail

How Ecommerce Tech Can Reduce the Environmental Damage it Caused in the First Place

Retail TouchPoints

Consumers have started taking sustainability into account when deciding what to buy and where to buy it. Mitigating Returns. Product returns in particular represent a huge portion of the negative impact that ecommerce has on the environment. Fortunately, research shows that 73% of returns can be remedied by retailers themselves.

article thumbnail

The Top 5 Retail ERP Software Features to Look For

Retail TouchPoints

Every business has a number of core processes, units and departments that each function as vital cogs in the machinery, including manufacturing, order management, purchasing inventory, accounting, human resources, financial management and so much more. A supply chain management module can help you with this as well.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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%

article thumbnail

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.

article thumbnail

Want to Cut the Cost of Fast Fulfillment? It All Starts with Inventory Placement

Retail TouchPoints

“When inventory gets to the last mile, we’re still looking at a shortage of labor, which put the Teamsters in an advantageous position” during the union’s recent contract negotiations with UPS, according to Dr. Thomas Goldsby , Professor and Chair in Logistics in the Supply Chain Management Department of the University of Tennessee.

article thumbnail

Australia’s supply chains should never look the same again

Inside Retail

This is particularly true for retail supply-chain management. In the past, supply-chain challenges may have redirected consumers to local products. Having made such a switch, are consumers likely to return to old favourites this time? More accurate supply-chain models. Start with the data.

article thumbnail

Expanding Globally: Building Resilient Supply Chains and Hiring Employees (wegginar® 8/2/23)

LS Retail

Meet Kasia Borowicz Kasia Borowicz assists clients at Plante Moran during the entire lifecycle of the foreign assignment – from assignment planning, payroll and compensation consulting, to the preparation of tax returns and tax equalizations, and through repatriation planning.