Remove Fulfillment Remove Planning Remove Supply Chain Management
article thumbnail

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%

article thumbnail

A 5-Point Action Plan to Build an Environmentally Friendly Supply Chain for Your Business in 2022

Retail TouchPoints

Developing a sustainable supply chain strategy begins with ethical sourcing and creating a circular economy with healthy business practices. The road to achieving net zero is long and starts with technology adoption and a five-point action plan. Step 1: Big Data and Predictive Analytics for Supply Chain Sustainability.

Planning 243
Insiders

Sign Up for our Newsletter

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

article thumbnail

Walmart Steps Up Ecommerce Investment With Cross-Border Commerce and NFT Projects

Retail TouchPoints

marketplace, while CNBC has reported that the company plans to create its own cryptocurrency and collection of NFTs. The team also will help Indian sellers meet standards for creating new international product lines and enhance their capabilities in packaging, marketing and supply chain management.

article thumbnail

Inside Walmart’s Expanding Last Mile Strategy: Employee Empowerment, Automation and Sustainability

Retail TouchPoints

Consumers’ continued reliance on omnichannel fulfillment has created new opportunities for industry giants like Walmart to differentiate and gain market share. comparable sales growth and growing market share in grocery during Q4 2021, and much of this success can be attributed to its robust last mile and fulfillment strategy.

article thumbnail

Rethinking Retail Fulfillment – the key to Navigating a Post-Brexit Supply Chain

Retail TouchPoints

To overcome supply chain disruptions, many online retailers are already making changes to their existing fulfilment operations. Traditional fulfilment models, with limited flexibility, are no longer going to be effective. Traditional fulfilment models, with limited flexibility, are no longer going to be effective.

article thumbnail

3 Ecommerce Logistics Trends that are Changing Retail Right Now

Retail TouchPoints

By automating critical functions like order processing, inventory sync and fulfillment routing, business owners can focus on executing their core business strategies while being confident that their operational tasks are managed effectively and accurately. It helps companies identify and rectify supply chain inefficiencies.

Shipping 275
article thumbnail

What COVID-19 Supply Chain Disruptions Teach Us About Procurement

Retail TouchPoints

The first of these truths is that companies must develop comprehensive, proactive contingency plans that will allow them to continue functioning in the wake of supply chain disruptions. Organizations would do well to identify secondary suppliers that can help mitigate risks in their supply chain.