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Sportswear giant On to transform supply chain with AI and robotics

Retail Gazette

Under the partnership, fully autonomous drones are used in the brand’s warehouses to enable full operational visibility via smart, real-time inventory tracking, minimising stockouts, misplacements, and shrinkage across its supply chain. ” Click here to sign up to Retail Gazetteā€˜s free daily email newsletter

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Different Things to Consider Outsourcing in Your Retail Business (and Why)

Retail Focus

Order Fulfillment When outsourcing, retailers can benefit from streamlined inventory management, order processing, and shipping. Third-party logistic experts possess the infrastructure, expertise, and technology required to handle outsourcing order fulfillment with precision.

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5 Real-World Ways 5G Will Transform Retail

Retail TouchPoints

Additionally, we’re able to look at what are the highly trafficked areas and what are the focus spots [in the store] to reduce shrinkage and optimize employee staffing ,ā€ she added. Supply Chain Optimization.

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5G in Retail: Creating the WOW factor

Retail TouchPoints

Delivery and stocking experiences: 5G can support massive IoT connectivity, which can be used to improve product tracking capabilities. 5G can reduce wasted time and prevent inventory shrinkage, providing retailers with cost savings. A pallet of goods can be tracked from departure at the manufacturing site through transit to the store.

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Zebra Technologies releases 16th Annual Global Shopper Study

Mass Relators

Seven in 10 retailers say the pressure is mounting to improve the efficiency and expense of managing online orders, returns, and the fulfillment process. Retailers are tapping into the power of technology to help manage returns with 62% saying they plan to deploy reverse logistics technology by 2026 to better manage fulfillment pressures.

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Inventory management for efficiency and experience

I Vend

iVend Retail Inventory Management Inventory management drives store efficiency and customer experience. They help retailers ensure they have the right goods in the right place at the right time, improving store performance and enhancing customer experience.