Retail TouchPoints
MAY 30, 2022
In trying to accommodate all customer demands while simultaneously fighting for market share in a rapidly expanding and competitive fashion industry, retailers are relaxing their return policies. It is the rising epidemic in the fashion industry that we need to keep a close eye on. How are Returns Plaguing the Supply Chain?
Retail TouchPoints
APRIL 19, 2024
For example, 60% of customers say they would be willing to pay more for a product with sustainable packaging, so it is paramount that businesses stay with the times and account for these shifting consumer preferences. One industry with a particularly negative environmental impact is the retail industry.
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Retail TouchPoints
APRIL 21, 2022
To keep up with rising demand, you need to set aside outdated supply management tactics and adopt longer-term solutions that help you get ahead of potential problems instead of reacting to them after it’s too late. Traditional Supply Chains Aren’t Built for Disruptions.
Inside Retail
JANUARY 30, 2024
Xue explained that European beauty and fashion brands have gained significant popularity among Chinese consumers, presenting immense market potential for both established and emerging brands. Additionally, the fashion industry often encounters supply chain challenges such as inventory management and high return rates.
Inside Retail
NOVEMBER 29, 2021
Wide varieties of international products, fast delivery from international shops, seasonal produce all year round, new fashion and beauty products almost weekly. Supply chains were invisible – pulled, twisted, and managed by retailers in such a way that shelves were always full. More accurate supply-chain models.
Retail Focus
APRIL 4, 2024
For decades, these brands, whether in fashion, automotive, hospitality, or any other domain, have held a steadfast position at the pinnacle of their respective industries. By tailoring product recommendations, exclusive offers, and content, we can take into account the customer’s preferences, past purchases, and behaviour.
Inside Retail
APRIL 25, 2023
From a back-of-house perspective, AI and machine learning technology is also able to power supply chain management and easily detect fraud. He pointed to virtual initiatives being implemented by fashion retailers, such as AR try-on technology, which could lead to a reduction in waste through minimising incorrect purchases.
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