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5 REASONS OMNICHANNEL ORDER FULFILMENT IS ABOUT MORE THAN JUST SPEED…

Retail Minded

2021 was unlike any other year in commerce history, pushing digitalization full speed ahead thanks to the pandemic forcing retailers to adapt to changes in consumption, channel shifts, supply chain, customer expectations and more. . 1 : CONSUMERS DEMAND SPEED, FLEXIBILITY AND CONTROL. 2 : CONSUMER EXPECTATIONS ARE STRONGER THAN EVER.

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What is GMROI in Retail? (Formulas, Benchmarks, Examples)

Retalon

It is a measurement of the cost of purchasing, transporting, and holding inventory, plus the cost associated with fulfilling customer orders for that inventory — compared to the gross margin you receive from selling that same inventory. Ultimately, a “good GMROI” will depend on how much control a retailer has over costs and prices.

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12 Critical Retail Industry Performance Metrics (2020)

Retalon

Most Important KPIs for the Retail Industry in 2020. Navigating changing consumer tastes and the evolving technology landscape has always made retail a challenging industry. Today, it is more important than ever for retailers to have a tight grip on the state of their business. In-Stock Percentage Benchmark Example.