Remove 2022 Remove Inventory Management Remove Management Remove Supply Chain Management
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Why Data Will Drive the Future of Inventory Management

Retail TouchPoints

Adobe projects that the online groceries sector will be worth $85 billion a year in 2022. As well as stretching to satisfy this demand, supply chains are also dealing with inflation, the war in Ukraine and labor supply shortages. In the years to come, AI will prove extremely useful in supply chain management.

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How to Revolutionize Inventory Management

Independent Retailer

Adobe expects the category to reach an annual figure of $85 billion in 2022. This doubling in demand coincides with supply chain turbulence due to labor supply issues, rising inflation, and geopolitical crises such as the war in Ukraine. Common Inventory Management Headaches. billion pre-pandemic.

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How retailers can effectively manage supply chain uncertainty

A1 Retail

One of the key actions we’ve seen from retailers who’ve best tackled the disruption of the last 24 months has been prioritising investment to overhaul legacy supply chain systems and off-the-shelf management programmes that don’t have the capabilities to react to a business’ individual needs. 1) Think data-first.

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Why dropshipping is making a resurgence for small businesses

Inside Retail

In a joint study between Deloitte and Manufacturers Alliance, 80 per cent of those surveyed had experienced heavy supply chain disruption in the 12-18 months to June 2022. That’s why we’re moving beyond just-in-time versus just-in-case to a different model for supply chain management.

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6 Ways Retailers Can Beat the Supply Chain Crisis in 2022

Independent Retailer

The good news is that brands who proactively take the right steps to deal with supply chain issues ahead of time can do more than just survive — they can thrive. After all, when supply chain management is effective, it is proven to lower a company’s overall costs and boost profitability. O ptimize Inventory.

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Retail Assist X Retail Technology Show 2023

Retail Assist

Persistent challenges such as increased competition, changing customer preferences, and supply chain disruptions were met with various innovations such as AI-powered inventory management systems, personalised marketing strategies, and blockchain-based supply chain platforms.

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How to scale-up to satisfy fast-growing e-commerce sales

365 Retail

Paul Taylor, chief operating officer at international fulfilment services provider fulfilmentcrowd, looks at how e-commerce retailers can effectively scale-up, so that demand doesn’t outpace supply. The most recent ONS Retail Sales data (Great Britain, January 2022) shows that the proportion of online sales in the UK stands at 25.3%.