Remove Fulfillment Remove Management Remove Store Operations Remove Supply Chain Management
article thumbnail

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

Retail TouchPoints

The problems with getting products to people quickly and cheaply are well-known: consumers want fast fulfillment, which is costly to provide, but they don’t want to pay high (or really any) shipping fees. Even Amazon , the trendsetter in fast fulfillment, isn’t immune to higher labor costs. in an interview with Retail TouchPoints.

article thumbnail

Old is the New New: How to Take Control of Retail Fundamentals Ahead of Peak Season

Retail TouchPoints

There are really two options to address this dilemma: sharply slash prices, as some big box stores are doing , or manage excess inventory by storing it away until demand increases. . Take Back Control With Tech-Enabled, End-to-End Supply Chain Management. Better Inventory Forecasting = Happier Customers.

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

“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. We’re now battle-tested.” To provide a 99.5%

Returns 305
article thumbnail

How to Win in the Real-Time Holiday Retail Era

Retail TouchPoints

Optimized supply chain management to avoid stockouts and overstocking. A fast, flexible and responsive fulfilment process. Successfully optimizing the digital supply chain also can result in more efficient order fulfillment, cost management and forecasting across the business.

article thumbnail

DELIVER’s largest ever cohort of C&D decision-makers discuss rapid pace of change in e-commerce at its 7th edition

365 Retail

I’m glad to be here, to talk to vendors and see what solutions are available to our industry” confirmed Darija Pizent, Director of Supply Chain Management, Atlantic Grupa. This is key since price or the cost of same-day is the number one issue for supply chain directors.

article thumbnail

White Paper: Making the case for store- and aisle-friendly fulfilment

Inside Retail

Along with other retail trends, e-commerce has changed the amount of inventory retailers are keeping on store shelves, and the frequency with which those shelves are restocked,” says Steve Dimitrovski, senior sales consultant, retail and e-commerce, for Swisslog Australia and New Zealand. To download the full white paper, please click here.

article thumbnail

Retail Trends in 2021 — Overcoming 2020’s Challenges

Retail TouchPoints

Traditionally, the brick-and-mortar store delivered a fairly static and conventional experience to the customer. In addition, mall operators are being asked to convert empty commercial space into mini-fulfillment centers for retail tenants. Look for this to get messy as rezoning debates get heated.