Remove Fulfillment Remove Markdowns Remove Shipping
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Is Your Fulfillment Strategy Healthy Enough to Keep Pace with Customer Expectations?

Retail TouchPoints

By my recollection, the world of flexible fulfillment hit an inflection point about 15 years ago. It was at that point that putting the technology and operations in place to fulfill from an increasingly complex supply chain network embarked upon its next frontier. Checking inventory in a local store but not placing an order?

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How AI is Revolutionising the Retail Sector

Retail Focus

AI can identify bottlenecks and optimise logistics, shipping routes, warehouse storage, and inventory management. This reduces overstocking and the need for massive markdowns. AI robotics and warehouse automation can significantly improve order fulfilment speed and accuracy. This improves productivity and reduces costs.

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Lowe’s Expands DC-Based Delivery of Bulky Products to 8 More Regions

Retail TouchPoints

stores, to distribution center-based fulfillment of large items like riding mowers, grills and furniture. The retailer’s legacy distribution model had stores operating as nodes in the fulfillment process. Lowe’s has converted eight of its regions, covering more than half its nearly 1,800 U.S.

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Mejuri Leverages Real-Time Profitability Data to Inform Decision-Making

Retail TouchPoints

SoundCommerce allows us to track the exact impact of these variables on our profitability as we make real-time decisions regarding assortment, promotions, inventory, marketing and fulfillment.” SoundProfit 360 collects and processes revenue and cost data in real time from every system across the enterprise,” explained Best. “It

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Let’s Move from Fast Promising to Smart Promising

Retail TouchPoints

At the same time, many retailers are reporting higher and higher shipping costs, which are affecting profits on their balance sheets. And although omnichannel fulfillment is growing in importance, they still want to drive offline sales and bring people into the store, while also minimizing the impact of shipping costs on their bottom line.

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How retailers are protecting margins and profits amid economic uncertainty

Inside Retail

Putting older products through markdowns might not necessarily be the trigger [either], as customers want a quality product. The Reject Shops Cahn highlighted that even though there was relief on the cost of international shipping rates over 2024, there is still some volatility in the rates.

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How Retailers Can Minimize Returns: Focus on Convenience, Communication and Personalization

Retail TouchPoints

These include not just costly shipping and processing fees but also the extra promotions or liquidations needed to move excess inventory. When it’s out of season, they have to do markdowns, so it starts a vicious cycle. Returns are essentially the last link to the circle that closes the consumer loop when it comes to a decision.”

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