Remove Consumer Remove Fulfillment Remove Returns Remove Supply Chain Management
article thumbnail

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

Retail TouchPoints

that delivers pretty much any item to a consumer with science fiction-style immediacy, retailers remain bound by 21 st -century delivery methods. But just because we’re not yet stepping into transporters to beam us where we want to go doesn’t mean technology has no role to play in cutting fulfillment costs. Unemployment is at 3.5%

article thumbnail

Devising an Optimal Returns Policy for Your Business

Retail TouchPoints

For many years, permissive returns policies have been the norm in ecommerce. For the post-holiday season just past, it’s estimated that the total value of returned goods will be around $171 billion. retailers were revisiting their returns policies as of late 2022. With numbers like these, it’s no wonder that most U.S.

Returns 258
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Can Nearshoring Prevent the Next Supply Chain Crisis?

Retail TouchPoints

Thomas Goldsby But after the wild pendulum swings caused by COVID — first not enough product, then a glut of it — the state of global supply chains deserves more sustained attention. Retail TouchPoints (RTP): How are the increasing demands for fast fulfillment affecting supply chains? We’re now battle-tested.”

Returns 299
article thumbnail

It’s Official – Amazon is an Ecommerce Enabler First and a Retailer Second

Retail TouchPoints

Perhaps most importantly, “a decade ago, very few of you were using things like Amazon Advertising, Amazon Lending and Fulfillment by Amazon (FBA), and things like Brand Registry, Seller-Fulfilled Prime, Seller University and even Amazon Accelerate didn’t exist,” said Mehta at the event.

article thumbnail

How global beauty brands will benefit from JD.com’s latest logistics move

Inside Retail

Evri’s partners will gain valuable insights into the Chinese market, including consumer behaviour, marketing and pricing strategies, product selection advice, and online operational strategies tailored to the unique demands of the Chinese market.

article thumbnail

Demand Forecasting in Supply Chain – Getting it Right in 2024

Retalon

Navigating through today’s industry needs, businesses face increasing challenges due to fluctuating market dynamics, evolving consumer behaviors, and technological advancements. Why is forecasting in supply chain management important? Here are the top five effective approaches modern retailers are implementing: 1.

article thumbnail

What other retailers can learn from The Iconic’s approach to warehouse tech

Inside Retail

Embracing WMS and capitalising on new advancements in big data, AI, and robotics can lead to transformative effects in supply chain management. However, once the work began, it had a more urgent issue to deal with, as it approached capacity at its fulfilment centre in Yennora.