Retail TouchPoints

MAY 2, 2022

Mitigating Returns. Product returns in particular represent a huge portion of the negative impact that ecommerce has on the environment. When a consumer returns an item, that’s two legs of shipping — and the concomitant environmental impact — that essentially occurred for naught. This is particularly true for clothes.

Drop-Shipping 334

Drop-Shipping Returns Supply Chain Management Shipping 334

Retail Focus

NOVEMBER 3, 2023

Here is a look at some benefits retailers can accrue from adopting these digital technologies: 1. Optimizing Supply Chain Management Digital technologies provide: Real-time visibility in supply chain management. Management of inventory sales. Allowing retailers to track product movement.

Supply Chain Management 130

Supply Chain Management Customer Experience Consumer Management 130

365 Retail

JUNE 8, 2022

But with great gains come great returns. Significant revenue gets lost when mass quantities of orders are returned, leaving retailers with a ton of inventory that is then discounted, liquidated, or even thrown out. Here, we outline five fundamental approaches to building an efficient returns strategy to recoup at-risk revenue.

Returns 52

Returns Inventory Management Supply Chain Management Management 52

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 264

Supply Chain Management Management Returns Fulfillment 264

Independent Retailer

AUGUST 1, 2022

Some analysts have predicted that it could take until mid-2024 for supply chains to return to relative normal, but that period of ‘normal’ could be short-lived since McKinsey reports that significant disruptions to manufacturing production now occur every 3.7 Common Inventory Management Headaches. years, on average. .

Inventory Management 69

Inventory Management Management Inventory Turnover Supply Chain Management 69

Retail TouchPoints

SEPTEMBER 18, 2023

Dharmesh Mehta, VP of Worldwide Selling Partner Services at Amazon , is celebrating his 10th anniversary with the company this year, and so he kicked off the fourth annual Amazon Accelerate conference for sellers by comparing the differences between the ecommerce platform today and 10 years ago.

Payment Services 321

Payment Services Shipping Fulfillment Finance 321

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 237

Retail Trends Payment Services ATS Checkout 237

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 278

Fulfillment Shipping Supply Chain Management Consumer 278

Retail Focus

SEPTEMBER 7, 2021

Ben Balfour, Business Operations Director at Advanced Supply Chain Group , shares top tips about how retailers can prepare their supply chains for a Black Friday and Christmas sales surge. Ben Balfour, Business Operations Director at Advanced Supply Chain Group. 1) Don’t play the waiting game.

Inventory Management 147

Inventory Management Supply Chain Management Shipping Planning 147

Retail TouchPoints

MARCH 30, 2023

In the past, many of these consumers have returned to national brands once the economy has recovered. That means not only controlling prices while keeping quality high, but also improving the social and environmental footprint of their products, since mounting research shows sustainability drives purchasing decisions at every price point.

Consumer 255

Consumer Supply Chain Management Returns Management 255

365 Retail

DECEMBER 8, 2021

Many small to medium-sized retailers often think that in order to grow they’ll need to make large-scale investments into robust stock inventory management systems to meet demand effectively. At the touch of a button, they can find savings, identify the most profitable stock lines, and maximise margins. The power of automation .

Inventory Management 52

Inventory Management Management Fulfillment Supply Chain Management 52

A1 Retail

MARCH 18, 2022

Our latest research* found that one-in-five retailers reported Christmas trading, including Black Friday sales, was between 21% – 30% down on forecasts, whilst a similar number saw pre-tax profits at 16% – 20% below expectations. This will feed knowledge and insight that makes supply chains better, faster, and cheaper.

Management 52

Management Supply Chain Management Inventory Management Returns 52

Inside Retail

AUGUST 25, 2021

As we closed out 2020, all data sources pointed towards households reverting to pre-Covid behaviours and a return to a more consistent and predictable purchasing rhythm. Sporadic outbreaks aside, the supermarket industry was returning to something close to normality. Scope a project with us. Scope a project with us.

Consumer 147

Consumer Supply Chain Management Returns Supermarket 147

LS Retail

AUGUST 1, 2023

Here's what you need to know about the top experts (as shown above) who will be presenting a wegginar®, " Expanding Globally: Building Resilient Supply Chains and Hiring Employees ," Wednesday, August 2, 2023 at 11:00 AM Central Time. Her expertise includes U.S. international compliance, planning, and consulting.

Supply Chain Management 68

Supply Chain Management Planning Accounting Returns 68

A1 Retail

SEPTEMBER 4, 2023

Part of Reconomy, a leading provider of tech-enabled solutions for the circular economy, Advanced Supply Chain (ASC) delivers a range of supply chain services for leading retailers and consumer brands. 150 new jobs will be created at the new facility during the first year, with this rising to 400 jobs by the end of 2026.

Supply Chain Management 59

Supply Chain Management Fulfillment Inventory Management Returns 59

Retail TouchPoints

MARCH 21, 2022

5G is expected to be a powerful catalyst to disrupt retail operations, from optimizing warehouses and supply chain management to transforming the in-store customer experience through personalization and product engagement. 5G can Drive Consumer Engagement.

Payment Services 264

Payment Services Checkout Supply Chain Management Customer Experience 264

VMS

NOVEMBER 3, 2021

(PRESS RELEASE) EuroCIS, the leading trade fair for retail technology, will take place from February 15 – 17, 2022 in Halls 9 and 10 at the fairgrounds in Düsseldorf, Germany Leading topics will be customer centricity, analytics, payment, connected retail and seamless store. Exhibitors can still register online at www.eurocis.com/2330.

Returns 52

Returns Payment Services Supply Chain Management Visual Merchandising 52

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. More sales means more returns . Higher customer expectations . Warehouse dilemma: humans or robots .

Social Commerce 130

Social Commerce Merchant Services Payment Services Fulfillment 130

Inside Retail

SEPTEMBER 14, 2023

Increased expectations of same-day and express delivery services are here to stay, meaning companies are embracing better processes, more advanced systems and implementing automation at unprecedented levels. However, once the work began, it had a more urgent issue to deal with, as it approached capacity at its fulfilment centre in Yennora.

Fulfillment 130

Fulfillment Supply Chain Management Planning Management 130

Wiser

DECEMBER 20, 2023

In fact, according to a survey done by Gallup , “Virtually all holiday shoppers, 93 percent, will buy at least some gifts online this year, including almost half who will purchase most (41 percent) or all (6 percent) of their holiday gifts from online retailers.” Closely tracking retailer out-of-stocks is critical.

Retail Trends 147

Retail Trends Promotions Supply Chain Management Consumer 147

Retail Gazette

AUGUST 18, 2023

Part of Reconomy, a leading provider of tech-enabled solutions for the circular economy, ASC delivers a range of supply chain services for leading retailers and consumer brands. Low carbon technology including a photovoltaic system will be utilised at the new facility, which also has 12 electric vehicle charging stations.

Supply Chain Management 52

Supply Chain Management Fulfillment Returns Inventory Management 52

Inside Retail

NOVEMBER 29, 2021

Supply chains were invisible – pulled, twisted, and managed by retailers in such a way that shelves were always full. This is particularly true for retail supply-chain management. In the past, supply-chain challenges may have redirected consumers to local products. Start with the data.

Supply Chain Management 130

Supply Chain Management Customer Experience Planning Consumer 130

Inside Retail

SEPTEMBER 16, 2022

Two C-suite bosses, the CEO and CFO at Restaurant Brands New Zealand, will retire in 2023. Russel Creedy, group CEO, joined the business in 2001 as supply chain manager and served as GM for Pizza Hut in New Zealand. Restaurant Brands CEO, CFO to retire. by Sarah Stowe. He took on the CEO role in 2007. by Dean Blake.

Beauty and Health 130

Beauty and Health Supply Chain Management Management Returns 130

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. Sellers that leverage technology solutions throughout their supply chain manage these components much more effectively than those that don’t.

Supply Chain Management 246

Supply Chain Management Customer Retention Fulfillment Shipping 246

365 Retail

JULY 11, 2022

It will obviously bring you considerable returns on investment. . Supply chain management. . Although the entire concept of sustainability had started as a “nice-to-have” form, at present, it has become a necessity. We have already talked about supply chain management and product authenticity.

Fashion 59

Fashion Supply Chain Management Finance Customer Experience 59

Inside Retail

APRIL 25, 2023

This can be seen by the adoption of QR codes – the use of which accelerated amid Covid-19 restrictions – self checkout in supermarkets and autonomous mobile robots, which are being utilised by major retailers for (among other things) logistical, supply chain and other inventory management tasks. The scenarios are endless.

Shopping 130

Shopping Payment Services Inventory Management Supply Chain Management 130

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. Retailers make a profit by selling the product at a higher price than what manufacturers/wholesale merchants sell it to them for. Retailers sell a variety of products on an eCommerce website.

Merchant Services 52

Merchant Services Drop-Shipping Payment Services Wholesale 52

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 290

Promotions Supply Chain Management Consumer Shipping 290

Inside Retail

SEPTEMBER 16, 2022

The group, which owns and operates brands such as Dickies, Vans, The North Face, Timberland, Icebreaker and Supreme, said in 2021 it had made significant efforts to promote dignity, social dialogue and equal opportunities across its supply chain, and had trained over 375 of its leaders to see their own unconscious biases and be more inclusive.

Supply Chain Management 130

Supply Chain Management Management Apparel Promotions 130

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. Retailers understand the value of analytics , so moving to AI is a natural step.

Payment Services 96

Payment Services Shopping Supply Chain Management Promotions 96

Nvidia

JANUARY 24, 2022

Big money is being poured into supply-chain technology startups, which raised $24.3 At Manifest 2022, a logistics and supply chain conference taking place in Las Vegas, the industry is discussing how to refine supply chains and create cost efficiencies using AI and machine learning. 26, at 2 p.m.

Supply Chain Management 113

Supply Chain Management Management Shipping Returns 113

Retail Minded

JANUARY 1, 2024

Even if we weed out retail theft, there are still many other reasons for profit losses, from inflation to escalating costs to retailers’ inability to accurately predict consumers’ demands and manage inventory. Contributed by Pete Reilly, COO at AnswerRocket.

Supply Chain Management 52

Supply Chain Management Inventory Management Consumer Management 52

365 Retail

SEPTEMBER 7, 2021

Ben Balfour, Business Operations Director at Advanced Supply Chain Group , shares top tips about how retailers can prepare their supply chains for a Black Friday and Christmas sales surge. Ben Balfour, Business Operations Director at Advanced Supply Chain Group. 1) Don’t play the waiting game.

Inventory Management 52

Inventory Management Supply Chain Management Shipping Planning 52

365 Retail

JANUARY 17, 2024

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. This remains up on February 2020 when, prior to COVID-19 impacting the UK, the proportion of online sales stood at 19.8%.

Shipping 52

Shipping Inventory Management Fulfillment Supply Chain Management 52

Retail Gazette

NOVEMBER 3, 2023

Ranging and supplier efficiency, sustainability, and the ways in which customers’ changing behaviour impacts the long tail supply chain were all hot topics at the Retail Gazette roundtable hosted with database management software and tech provider InterSystems. The five big talking points were: 1.

Supply Chain Management 59

Supply Chain Management Management Planning Consumer 59

Retail TouchPoints

MARCH 25, 2024

Operational agility is all about efficiently managing your company’s orders, inventories and other operational aspects. Financial control refers to the procedures and policies by which a company monitors and manages its cash flow and revenue. Operational agility. Automation is the key piece here. Financial control. Connectivity.

Shipping 312

Shipping Supply Chain Management Fulfillment Returns 312

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. Supply Chain Management. This way, shoppers can see precisely what they want to purchase, which reduces return rates and improves satisfaction.

Supply Chain Management 77

Supply Chain Management Advertising Point of Sale Customer Experience 77