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Because of efforts to address this mismatch of product and real-world sizing, Coresight Research estimates that the value of the extended-size market for women will grow to $32.3 this year alone, representing approximately 21% of the total women’s apparel market. billion in the U.S. Challenge 3: Pricing.
Why should retailers care about their Order Fulfillment Process? Order fulfillment may seem like a fairly straightforward process and according to the generic “high-level” definition, it is. In today’s market, putting the right fulfillment system in place gets you a competitive edge.
It’s a balancing act that grows more challenging as the retail industry continues to evolve, increasing consumers options and placing pressure on retailers to accommodate them. You can better plan for stocking of inventory at warehouses and retail locations and optimize the fulfillment process for online and mobile orders.
It’s a balancing act that grows more challenging as the retail industry continues to evolve, increasing consumers options and placing pressure on retailers to accommodate them. You can better plan for stocking of inventory at warehouses and retail locations and optimize the fulfillment process for online and mobile orders.
Traditional forecasting methods struggle in the face of today’s dynamic retailmarket. In the past, retailers could reserve SKU-level forecasting for the most important products and cover the rest of the assortment in category-level (or sub-category-level) forecasts. Image Credit: SupplyChainDigest.
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