Remove 2021 Remove Markdowns Remove Returns Remove Shipping
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Mejuri Leverages Real-Time Profitability Data to Inform Decision-Making

Retail TouchPoints

Mejuri sells through multiple channels, including ecommerce, call center and physical store locations, processing orders for fulfillment across multiple locations and a variety of shipping methods. SoundProfit 360 collects and processes revenue and cost data in real time from every system across the enterprise,” explained Best.

Markdowns 188
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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. Emphasizing BOPIS.

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5 Major Retail Digital Transformations to Watch For in 2021

Retalon

Advanced analytics has the capacity to integrate every channel of a multi-channel business into its forecast to maximize the return on promotion investments. In effect, this means a reduction of total inventories, maximized sales, and reduced markdowns. Retail AI can apply this process when customers return their purchases.

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An Overview of how the BOPIS Retail Strategy is Transforming the Industry (2021)

Retalon

Instead of only shipping to customers’ homes, retailers let online customers shop from their local and online store’s inventory and pick up their orders from their closest brick-and-mortar location the same day. BORIS (Buy Online Return In-Store): Concentrates on reverse logistics. Payment, return, and exchange policies.

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Jump Start 2022 Holiday Preparations

Independent Retailer

More than two years after the global pandemic sparked supply chain chaos, shoppers are anticipating shipping delays and inventory challenges to hinder their annual retail indulgence. Consumers will only stop buying gifts when the shipping deadline for Christmas delivery has passed. Returns: The Pain Point for Retailers.

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Retail Crisis: Why Mountains Of Excess Inventory And Overselling Is Set To Kill Off Many Promising Businesses

Retail Minded

Stockouts were disastrous for retailers during the pandemic – up by 250% (Adobe, 2021) – and with 37% of consumers saying they’d simply shop elsewhere if they couldn’t find what. Among them, a global supply chain crisis – rife with driver shortages and lengthy shipping. Even returns are up – reaching 16.6%

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Solving the Excess Inventory Retail Crisis

Independent Retailer

Among them, a global supply chain crisis — rife with driver shortages and lengthy shipping times — buttressed by a lack of resources and skyrocketing costs was brought on by the Ukraine war. Even returns are up, reaching 17 percent in 2021 from 11 percent in 2020. The result?