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Black Friday 2024: Why automation is critical for Australian retailers

Inside Retail

As the Black Friday 2024 shopping frenzy approaches, Australian retailers are gearing up for their biggest challenge yet – managing skyrocketing demand while staying efficient. Meanwhile, retailers face a flood of orders, warehouse bottlenecks, and potential supply chain disruptions. The key to thriving? Automation.

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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.

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Behind Documents’ path to luxury fragrance leadership in China

Inside Retail

So, in late 2020, the Documents concept was born, and eight months later, the first store opened in Shanghai. “We We aim to gain more benefits in global channels, business operations, and supply-chain management, working towards enhancing competitiveness and evolving into a more visionary international brand,” he said.

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Small Business Optimism Holds Steady Amid Rising Tax Concerns

Small Biz Trends

A significant factor for this slight decline was an increase in respondents reporting excess inventories, highlighting the delicate balance between supply chain management and consumer demand. Another focal point is inventory management. The index, which dipped slightly to 98.6,

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Why Data Will Drive the Future of Inventory Management

Retail TouchPoints

Retailers acted with agility, changing the way they planned and managed inventory in a remarkably short time. According to figures from Adobe, online shoppers faced 60 billion out-of-stock messages from March 2020 to February 2022. In the years to come, AI will prove extremely useful in supply chain management.

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Retail Trends in 2021 — Overcoming 2020’s Challenges

Retail TouchPoints

Is that even possible coming out of a year like 2020? One futurist we know said, “2020 was so weird I didn’t even get a chance to be wrong.”. Next is Corporate Social Responsibility (CSR), which was getting mindshare, if not budget, well before 2020. But let’s be real here. But the post must go on.

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Amazon Adding Supply Chain Management Service for Sellers

Independent Retailer

This new supply chain application will help businesses better manage their inventory and coordinate their networks of manufacturers, suppliers, distribution facilities, and transportation providers. Now available for preview, it offers a real-time visual map of a company’s entire supply chain network.