Retail TouchPoints

MAY 2, 2022

Consumers have started taking sustainability into account when deciding what to buy and where to buy it. This is especially true for younger consumers: some 75% of millennials say they consider sustainability when making a purchase. Mitigating Returns. When returns do occur, far too often these items simply end up in landfills.

Drop-Shipping 315

Drop-Shipping Returns Supply Chain Management Shipping 315

Retail Focus

NOVEMBER 3, 2023

By adopting the latest digital technologies, retailers can keep pace with the ever-evolving nature of consumer expectations. Consumer behaviors tend to move with the current times, hence opting for the new digital space. Efficiency Consumer behaviors show that they prefer conducting business with retailers simply.

Supply Chain Management 130

Supply Chain Management Customer Experience Consumer Management 130

Retail TouchPoints

OCTOBER 28, 2022

CRM modules can also help you manage customer complaints and returns more efficiently as well as track the success of marketing campaigns, making sure future ones achieve even greater success. Trying to do so manually can be a very time-consuming and error-prone process. This is where business intelligence (BI) comes into play.

Supply Chain Management 256

Supply Chain Management Inventory Management Management Accounting 256

Retalon

MAY 17, 2024

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.

Supply Chain Management 41

Supply Chain Management Inventory Management Management Promotions 41

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

Inside Retail

DECEMBER 21, 2022

According to Oracle’s latest Retail Consumer Study , 53 per cent of consumers plan to shop mostly in-store this holiday season, and an additional 25 per cent plan to shop through a combination of in-store and online channels. Preparing for the rush. New customer expectations.

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. Since supply chains consume resources on a large scale, they are also responsible for a disproportionately large share of the world’s carbon emissions.

Planning 244

Planning Drop-Shipping Supply Chain Management Returns 244

Retail TouchPoints

SEPTEMBER 14, 2023

that delivers pretty much any item to a consumer with science fiction-style immediacy, retailers remain bound by 21 st -century delivery methods. Unfortunately for retailers, fast fulfillment is rapidly moving from a differentiating “perk” to a consumer expectation. “On Until someone invents a Star Trek -style replicator (“Tea.

Fulfillment 247

Fulfillment Shipping Supply Chain Management Consumer 247

Wiser

DECEMBER 20, 2023

Data can help identify the promotional strategies that resonated with consumers, the products that flew off the virtual shelves, and the ones that didn’t. With this knowledge, brands and retailers can tailor their future strategies to align with consumer behavior and preferences. The appeal of online shopping is multifaceted.

Retail Trends 147

Retail Trends Promotions Supply Chain Management Consumer 147

Retail TouchPoints

MARCH 21, 2022

5G can Drive Consumer Engagement. 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.

Payment Services 251

Payment Services Checkout Supply Chain Management Customer Experience 251

Inside Retail

JANUARY 30, 2024

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.

Merchant Services 130

Merchant Services Inventory Turnover Inventory Management Supply Chain Management 130

Inside Retail

NOVEMBER 29, 2021

The Australian Consumer and Competition Commission released a worrying report into the state of the world’s global ports and supply-chain networks – and the impact this is having on Australia – in November. Pre-Covid, consumers were enjoying a plethora of choices. Instead, focus on what you can measure and change.

Supply Chain Management 130

Supply Chain Management Customer Experience Planning Consumer 130

Retail TouchPoints

FEBRUARY 11, 2021

We’re going to skip any in-depth discussion of consumers’ ever-warming embrace of online shopping because it feels more “established than trending,” and because with limited space we want to cover what we believe are more intriguing developments for supply chain professionals. Consumers appreciate the focus on health and safety.

Retail Trends 228

Retail Trends Payment Services Supply Chain Management Fulfillment 228

Retail TouchPoints

MAY 26, 2022

It’s the question that’s on every retailer’s — and not a few consumers’ — minds: When will global supply chains flow freely once more? With supply chain challenges come the higher costs feeding inflation, which is itself a double-edged sword. While it took services about 1.5

Promotions 270

Promotions Supply Chain Management Consumer Shipping 270

Retail Focus

SEPTEMBER 7, 2021

Sales peaks such as Black Friday and the growing trend of pre-Christmas discounts are defined by low prices, which has a huge impact on consumer demand. A fundamental starting point for peak-readiness is knowing that your existing supply chain management strategy is working properly. What is driving consumer returns?

Inventory Management 147

Inventory Management Supply Chain Management Shipping Planning 147

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.

Supply Chain Management 59

Supply Chain Management Fulfillment Inventory Management Returns 59

Retail TouchPoints

DECEMBER 18, 2020

The resulting lockdowns and shelter-in-place orders have caused a shift in buying behavior among American consumers. Varying product availability has been a key reason for these changing buying decisions, prompting consumers to choose between need and preference. That’s why sound transportation management is critical.

Supply Chain Management 246

Supply Chain Management Customer Retention Fulfillment Shipping 246

Retail Gazette

DECEMBER 12, 2023

Do they have the in-house capabilities to develop and constantly adapt and scale supply chain management software that’s bespoke to a retailer’s exact requirements and objectives? Peak periods often encourage consumers to think more about their purchases, because, quite simply, they are buying more.

Supply Chain Management 52

Supply Chain Management Returns Management Consumer 52

VMS

NOVEMBER 3, 2021

The post Eurocis Returns in February 2022 appeared first on Visual Merchandising and Store Design. Exhibitors can still register online at www.eurocis.com/2330. Many well-known players have already registered. For hotel and travel information, contact TTI Travel, Inc. Learn about our submission guidelines.

Returns 52

Returns Payment Services Supply Chain Management Visual Merchandising 52

365 Retail

JULY 19, 2022

Not too long ago, during the depths of lockdown, the direct-to-consumer (DTC) model was hailed as the saviour of retail and the future of the industry. Meanwhile, others are returning to a more traditional wholesale approach to increase their visibility in the eyes of consumers. Convenient fulfilment.

Consumer 57

Consumer Wholesale Supply Chain Management Fulfillment 57

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. Ben Balfour concludes: “Expanding in Nettetal is part of our mission for supporting customers’ goals to maximise the value of their supply chains.

Supply Chain Management 52

Supply Chain Management Fulfillment Returns Inventory Management 52

Retail TouchPoints

SEPTEMBER 18, 2023

Here’s a look at how Amazon is moving even further away from the domain of retailer with the debut of new services in supply chain management, shipping, banking, market research, product development, inventory management and more.

Payment Services 316

Payment Services Shipping Fulfillment Finance 316

Retail TouchPoints

JULY 27, 2020

And the backlash — the desire for a return to substantive human interactions — had already begun too. Nowadays, the experience of browsing virtual re-creations of physical stores couldn’t be more important for consumers. If loyal consumers were becoming harder to retain, then COVID-19 has only made them more fickle.

Retail Trends 176

Retail Trends Payment Services ATS Checkout 176

365 Retail

OCTOBER 1, 2022

For the last decade, sustainability has been growing in the consumer consciousness; nearly 70% say it is important to buy from brands committed to sustainability. Research suggests that these high prices put consumers off sustainable options , so what do retailers do? An unhealthy cycle of returns . Empower balanced change.

Supply Chain Management 70

Supply Chain Management Returns Fast Fashion Checkout 70

Inside Retail

SEPTEMBER 14, 2023

Embracing WMS and capitalising on new advancements in big data, AI, and robotics can lead to transformative effects in supply chain management. This critical intervention for The Iconic is an example of digital innovation driving changes in the supply chain. Data underpins everything we do at The Iconic.

Fulfillment 130

Fulfillment Supply Chain Management Planning Management 130

Inside Retail

NOVEMBER 28, 2022

Among consumers – and not just Millennials – social commerce is gaining significant traction, growing three times as fast as overall e-commerce. While social commerce can provide greater reach and deeper engagement with customers, it also presents issues around supply-chain management. More sales means more returns .

Social Commerce 130

Social Commerce Merchant Services Payment Services Fulfillment 130

365 Retail

JULY 11, 2022

It will obviously bring you considerable returns on investment. . Supply chain management. . Consumers are now ready to pay more for sustainable goods. . Blockchain Enhance Consumer Trust. We have already talked about supply chain management and product authenticity. Setting trades.

Fashion 57

Fashion Supply Chain Management Finance Customer Experience 57

Retail TouchPoints

AUGUST 4, 2020

In the early weeks of the pandemic, consumers hoarded toilet paper in massive quantities. While manufacturers were able to quickly ramp up production, toilet paper simply could not move efficiently through supply chains to reach end consumers. The Flour Shortage: How Packaging Impacts Supply Chains.

Fulfillment 162

Fulfillment Supply Chain Management Space Planning Returns 162

Inside Retail

SEPTEMBER 16, 2022

Russel Creedy, group CEO, joined the business in 2001 as supply chain manager and served as GM for Pizza Hut in New Zealand. We were lucky in a way to find David already back in Australia, as Covid saw him return to Australia and his native Queensland… He brings real excitement and energy to our business.”.

Beauty and Health 130

Beauty and Health Supply Chain Management Management Returns 130

Inside Retail

APRIL 25, 2023

Rather, it is in constant flux, with innovations shifting the way that industry players operate, and changing the way that consumers and traders interact with one-another. From a back-of-house perspective, AI and machine learning technology is also able to power supply chain management and easily detect fraud.

Shopping 130

Shopping Payment Services Inventory Management Supply Chain Management 130

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. Regardless, the bottom line is retailers have been increasingly losing revenue across the board.

Supply Chain Management 52

Supply Chain Management Inventory Management Consumer Management 52

Retail TouchPoints

APRIL 19, 2021

Whilst news of a trade deal came as a huge relief, consumer rights when shopping online have not come out unscathed at the hands of Brexit. Unsurprisingly, customers facing unexpected charges upon delivery are often refusing to accept deliveries of products, and this is causing 30% of orders to be returned , according to Statista data.

Fulfillment 149

Fulfillment Supply Chain Management Management Promotions 149

I Vend

SEPTEMBER 14, 2023

We’ve looked at the importance of a customer-centric approach, data-based decisions, omnichannel, supply chain management and your team. According to Forbes, 66% of consumers ‘expect companies to understand their unique needs and expectations’ and 52% ‘expect all offers to be personalised ** ’.

Payment Services 105

Payment Services Supply Chain Management Store Operations Point of Sale 105

Nvidia

JANUARY 24, 2022

And consumer pocketbooks and paychecks are getting squeezed by rising prices. The $9 trillion logistics industry is responding by investing in automation and using AI and big data to gain more insights throughout the supply chain. Leaning In. 26, at 2 p.m.

Supply Chain Management 113

Supply Chain Management Management Shipping Returns 113

365 Retail

SEPTEMBER 7, 2021

Sales peaks such as Black Friday and the growing trend of pre-Christmas discounts are defined by low prices, which has a huge impact on consumer demand. A fundamental starting point for peak-readiness is knowing that your existing supply chain management strategy is working properly. What is driving consumer returns?

Inventory Management 52

Inventory Management Supply Chain Management Shipping Planning 52

A1 Retail

MARCH 18, 2022

Our research highlighted that almost a third (29%) of retailers are prioritising investment in supply chain software in 2022. This will help them improve stock visibility and management practices to better equip their operations to deal with uncertainty, as well as evolving consumer trends. 1) Think data-first.

Management 52

Management Supply Chain Management Inventory Management Returns 52

365 Retail

DECEMBER 8, 2021

During the dizzying heights of peak season, retail operations of all shapes and sizes are put to the test to meet increased consumer demand. One of the best ways to minimise operational disruption, particularly during busy periods, is to utilise supply chain data. Minimising disruption during peak.

Inventory Management 52

Inventory Management Management Fulfillment Supply Chain Management 52