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How Hot Topic and Lamps Plus Mastered Inventory Management and More

Retail TouchPoints

Smart retailers are realizing that their increasingly complex omnichannel offerings have made strong supply chain management more important than ever. The retailer has seen digital sales shift away from next-day deliveries, which now account for just 18.2% It manages our BOPIS component.

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The Global Reach and Sustainable Impact of Green RFID Technology

Retail TouchPoints

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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Supply Chain Challenges Have Introduced a New Concept into Ecommerce — Inventory Pacing

Retail TouchPoints

Supply chain management is the heart of retail management and has the ability to inform the overall health of a business. As a result, businesses looking to gain a competitive advantage in the global marketplace are investing more heavily in supply chain management.

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Canada’s New Supply Chain Bill Creates Obligations for Retailers

Retail TouchPoints

Meeting Bill S-211’s Requirements Complying with the law will pose considerable challenges, especially for brands and retailers that must navigate complex global supply chains of hundreds of suppliers. These platforms create a window into an enterprise’s entire supplier base, enabling the traceability that Bill S-211 requires.

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How to Build a Modern Supply Chain That’s Built to Last

Retail TouchPoints

To keep up with rising demand, you need to set aside outdated supply management tactics and adopt longer-term solutions that help you get ahead of potential problems instead of reacting to them after it’s too late.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. Develop concurrency across your supply chain.

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Want to Cut the Cost of Fast Fulfillment? It All Starts with Inventory Placement

Retail TouchPoints

The problems with getting products to people quickly and cheaply are well-known: consumers want fast fulfillment, which is costly to provide, but they don’t want to pay high (or really any) shipping fees. This is both more complex and more top-of-mind due to ESG [environmental, social and governance]; no one likes to ship air.”

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Trustwave SpiderLabs Report: The 2023 Retail Threat Landscape

Inside Retail

Here is an abridged version of the findings: E-commerce: E-commerce retailers store a large amount of sensitive customer data, such as credit card numbers and shipping addresses. Supply chain vulnerabilities : The complex web of suppliers, logistics partners, and distributors can introduce multiple points of vulnerability.