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Crafting Effective Solutions For Retail Supply Chain Management

Retail Minded

These initiatives align with their brand values and resonate with environmentally conscious consumers. Risk Management and Resilience: Develop robust risk management strategies and contingency plans. What role do 24/7 cloud support services play in ensuring uninterrupted operations in retail supply chain management?

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The four trends defining online retail in 2024

Inside Retail

Thanks to rapid innovations in supply chain management, AI technology and digital marketing, e-commerce is increasingly playing an integral role in the lives of everyday Aussies. Customer retention With both consumers and retailers feeling the pinch of increasing costs, customer retention will be a key theme of 2024.

Insiders

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Private Label’s Growth Could Be Lasting — if Retailers Listen to Consumers’ Sustainability Preferences

Retail TouchPoints

The Private Label Manufacturers Association reported that sales of private label consumer packaged goods soared 11% last year to nearly $230 billion. Sales of store brand products often rise during periods of economic hardship, and it’s clear that double-digit inflation has spurred consumers to turn to cheaper alternatives to save money.

Consumer 189
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Can Nearshoring Prevent the Next Supply Chain Crisis?

Retail TouchPoints

“While we’ve returned to some sense of normalcy, the VUCA [volatile, uncertain, complex and ambiguous] proposition has become a reality,” said Dr. Thomas Goldsby, Professor and Chair in Logistics in the Supply Chain Management Department of the University of Tennessee. Retailers have to right-size consumer expectations.

Returns 288
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How Covid-19 is reshaping the consumer

Inside Retail

Effective supply chain management, scale and in-store support are integral components of the end-to-end provided by Strikeforce. Data-driven insight from our category and insights team ensures Strikeforce is calling on the right stores, in the right locations at the right time. Scope a project with us.

Consumer 147
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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.

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Survival guide: The keys to resilience and success in tough times

Inside Retail

There are several economic factors playing havoc with consumers and business operations that are likely to persist into 2024. Consumer sentiment remains low as households stagger under higher costs of living and interest rates. A strong personal connection increases the likelihood that a consumer will remain loyal to that brand.