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Time for retailers to take stock of shipping costs; playing the waiting game won’t win

Retail Focus

Claire Webb from Advanced Supply Chain Group looks at why playing a waiting game won’t help retailers beat soaring shipping costs. Many retailers are looking to protect margins against rapidly rising shipping costs. The factors have triggered a long-running period of disruption and caused shipping costs to escalate.

Shipping 182
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Poshmark Rolls Out New Tools to Help Brands Connect with its 80M Users

Retail TouchPoints

Poshmark has been piloting the Brand Closet program since 2020 with a number of large-scale brands. Now the offering is open to brands and retailers of all sizes, enabling them to engage more deeply with the platform’s 80 million users through limited-time product drops, one-to-one clienteling and Posh Parties. ”

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Time for retailers to take stock of shipping costs; playing the waiting game won’t win

365 Retail

Claire Webb from Advanced Supply Chain Group looks at why playing a waiting game won’t help retailers beat soaring shipping costs. Many retailers are looking to protect margins against rapidly rising shipping costs. The factors have triggered a long-running period of disruption and caused shipping costs to escalate.

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4 Critical Steps for Optimizing Omnichannel Order Fulfillment in 2021

Retalon

Maintaining margins within business constraints while efficiently providing order fulfillment to customers is a tall order, especially considering each customer purchase requires a real-time fulfillment decision within a shifting context of inventory, demand, returns, delivery times, and shipping costs.

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Bells of Steel and an Iron Will: How This Fitness Retailer Grew from $3M to $15M in 18 months

Retail Minded

He dropped his plans for a corporate job, set up a BigCommerce e-store, took on a silent partner and hired staff. As everything changed for us in 2020.”. The team can now manage and replenish stock in just a few clicks, saving them tons of time in manual processing. That’s exactly what happened to us.”.

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How Mistakes in Fulfillment Strategy are Hurting Your Retail Business

Retalon

This method is a way for consumers to avoid paying shipping fees, and also a great boon to the store as well because it holds the potential for additional sales and engagement. 3. Drop shippers. Many online retailers leverage products from multiple manufacturers who have the capability to ship directly from their own warehouse.

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Holiday Leftovers? Here are 4 Ways Sellers can Minimize Excess Inventory

Retail TouchPoints

As part of the overall inventory management process, it’s critical for ecommerce companies to negotiate the most flexible terms with suppliers, especially when it comes to minimum order quantity (MOQ), which is the minimum number of units you have to order from a supplier in order to fulfill the order. Negotiate better terms.