Inside Retail

DECEMBER 21, 2022

Unfortunately for retailers, the ongoing global supply chain disruptions have not yet ceased, leaving many undersupplied. For retailers facing such disruptions, merchandise in the wrong place at the wrong time can become one of the highest costs to their bottom line. New customer expectations. Preparing for the rush.

Supply Chain Management 130

Supply Chain Management Customer Retention Inventory Management Customer Experience 130

Retail TouchPoints

APRIL 28, 2022

There is no doubt that customers value convenience over sustainability, which is why same-day shipping remains a popular delivery option along with the increasing rate of returns in ecommerce. At least 65% of world economies have committed to achieve net zero by 2050. Step 5: Returns Analysis and Recommerce.

Planning 246

Planning Drop-Shipping Supply Chain Management Returns 246

Retail TouchPoints

AUGUST 18, 2020

Today, for better or worse, the COVID-19 pandemic is forcing the procurement industry to take a hard look at that assumption. The first of these truths is that companies must develop comprehensive, proactive contingency plans that will allow them to continue functioning in the wake of supply chain disruptions.

Supply Chain Management 263

Supply Chain Management Management Returns Fulfillment 263

Retail TouchPoints

JULY 27, 2020

And the backlash — the desire for a return to substantive human interactions — had already begun too. Faster checkouts can reduce long lines conditioned by social distancing, while the greater cleanliness associated with contactless appeals to consumers reluctant to touch anything at the point-of-sale.

Retail Trends 188

Retail Trends Payment Services ATS Checkout 188

Inside Retail

NOVEMBER 28, 2022

Now, the company aims to create its own e-commerce supply-chain system, incorporating warehousing, transportation, delivery, returns management and, of course, analytics on user behaviour and shopping habits. Because to compete, retailers must deliver on customer experience in an entirely new way.

Social Commerce 130

Social Commerce Merchant Services Payment Services Fulfillment 130

Retalon

MAY 17, 2024

While nearly three-quarters of all retailers still rely on simple, and consequently limited, tools such as Excel spreadsheets, the integration of AI-driven technologies in supply chain management is revolutionizing how demand forecasting for forward-thinking retailers. What is supply chain demand forecasting?

Supply Chain Management 41

Supply Chain Management Inventory Management Management Promotions 41

Inside Retail

NOVEMBER 29, 2021

This is particularly true for retail supply-chain management. In the past, supply-chain challenges may have redirected consumers to local products. Having made such a switch, are consumers likely to return to old favourites this time? More accurate supply-chain models. Start with the data.

Supply Chain Management 130

Supply Chain Management Customer Experience Planning Consumer 130

Retail TouchPoints

SEPTEMBER 14, 2023

“When you’re talking about same-day or next-day delivery and the last mile, it’s not only the labor and equipment needed to move it; it’s also inventory positioning,” said Matt Katz, Managing Partner at SSA & Co. Unemployment is at 3.5% in an interview with Retail TouchPoints.

Fulfillment 263

Fulfillment Shipping Supply Chain Management Consumer 263

Retail TouchPoints

FEBRUARY 11, 2021

At the close of every calendar year it’s customary to pen a post about trends and predictions for the upcoming year. Shoppers will return to some degree after the pandemic, but malls need to reinvent themselves. According to analysts at McKinsey , initiatives like this typically reduce marketing costs by around 20%.

Retail Trends 228

Retail Trends Payment Services Supply Chain Management Fulfillment 228

I Vend

AUGUST 13, 2023

So the first common feature we see in successful retailers is their customer-centricity. They put customer requirements at the heart of store operations – whether that’s merchandise, functionality online store functionality, omnichannel retail transactions, returns policy, payment options, in-store service, or tailored loyalty programs.

Payment Services 98

Payment Services Point of Sale Inventory Management Supply Chain Management 98

Retail TouchPoints

DECEMBER 18, 2020

The supply chain has faced fulfillment challenges from this influx of online orders, along with a myriad of crisis-related disruptions including: Long wait times at warehouse depots. These issues have impacted consumers’ experiences and, ultimately, their expectations. Truck driver shortages. Altered trucking routes.

Supply Chain Management 246

Supply Chain Management Customer Retention Fulfillment Shipping 246

Inside Retail

APRIL 25, 2023

According to business futurist, speaker and author Gihan Perera, retailers should be on the lookout for technological advancements and innovations that can be used to improve performance, and enhance their efficiency and customer experience. But, he said that retailers shouldn’t just be laser-focused on the technology.

Shopping 130

Shopping Payment Services Inventory Management Supply Chain Management 130

365 Retail

JULY 11, 2022

It will obviously bring you considerable returns on investment. . Supply chain management. . Blockchain Redefine Customer Experience. Although the entire concept of sustainability had started as a “nice-to-have” form, at present, it has become a necessity. What Is Blockchain? . Setting trades.

Fashion 59

Fashion Supply Chain Management Finance Customer Experience 59

Retail TouchPoints

MAY 26, 2022

Unfortunately there’s no definitive answer, nor is there likely to be one: multiple factors contribute to supply chain problems, including but definitely not limited to COVID’s persistence in China, the war in Ukraine and upcoming labor negotiations at West Coast ports. While it took services about 1.5

Promotions 282

Promotions Supply Chain Management Consumer Shipping 282

I Vend

DECEMBER 10, 2023

Here we take a look at how retail technology can help to streamline the top 10 key retail processes, and how a unified retail POS pulls them all together into a single, highly optimized retail operations platform. Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail.

Shrinkage 87

Shrinkage Inventory Management Store Layout Checkout 87

Clover - Retail

APRIL 18, 2024

Dropshipping is a type of supply chain management in which a retailer does NOT keep the product it sells in stock. Instead, when a customer orders the product, the retailer contacts their manufacturer or wholesale merchant–who keeps inventory of the product on-hand–and has the product shipped directly to the customer.

Merchant Services 52

Merchant Services Drop-Shipping Payment Services Wholesale 52

I Vend

MARCH 6, 2023

Thirdly, in terms of business processes, AI drives the biggest benefits in supply chain management and in sales and marketing – two functions that are at the very core of retail. Cashierless stores – This use of AI offers retail customers the ultimate in fast and convenient shopping.

Payment Services 98

Payment Services Shopping Supply Chain Management Promotions 98

Retail TouchPoints

AUGUST 4, 2020

The result would have been a shorter shortage period that would throttle down panic buying behavior and ensure a swifter return to baseline demand in this category. The Flour Shortage: How Packaging Impacts Supply Chains. As consumers avoided in-store grocery shopping, many began baking their own bread at home.

Fulfillment 169

Fulfillment Supply Chain Management Space Planning Returns 169

Independent Retailer

APRIL 20, 2021

If the system shows an upcoming trend of interest in a specific fabric, home decor stores can advertise that material or pattern at the front of the store or online. Tactics such as this can help draw in more customers and profits. Supply Chain Management. Customer Shopping Experience.

Supply Chain Management 77

Supply Chain Management Advertising Point of Sale Customer Experience 77

365 Retail

JULY 19, 2022

Some major brands are doubling down on their efforts to reach customers directly, strengthening buyer relationships and increasing retail margins. Meanwhile, others are returning to a more traditional wholesale approach to increase their visibility in the eyes of consumers. Flexible supply chains.

Consumer 59

Consumer Wholesale Supply Chain Management Fulfillment 59

Inside Retail

MARCH 7, 2022

From forklift drivers to supply chain managers and working in the auto industry, here are the inspiring stories and insights they shared with Inside Retail. Can you tell us about your previous work experience and how you began working at Amazon? Us women are great at running heavy machinery!

Fulfillment 130

Fulfillment Management Supply Chain Management Marketing 130

365 Retail

NOVEMBER 13, 2023

Yet potentially it can be a very rewarding period for sales if forecast and managed correctly. We’ll look at what seasonal demand means and its impact on retail businesses, coupled with actionable insights on dealing with related obstacles while taking action to optimise profitability. Let’s look at some examples of seasonal products.

Inventory Management 52

Inventory Management Management Planning Drop-Shipping 52