Remove Location Remove Promotions Remove Shipping Remove Supply Chain Management
article thumbnail

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. In present-day e-commerce, same-day fulfilment and free shipping are often part and parcel, not perks of the experience.

article thumbnail

Holiday Retail Trends 2023: Essential Insights for Online Brands & Retailers

Wiser

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. Consumers enjoyed the ability to browse and compare products across multiple retailers at their leisure, without the limitations of store hours or geographic location.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Demand Forecasting in Supply Chain – Getting it Right in 2024

Retalon

While nearly three-quarters of all retailers still rely on simple, and consequently limited, tools such as Excel spreadsheets, the integration of AI-driven technologies in supply chain management is revolutionizing how demand forecasting for forward-thinking retailers. What is supply chain demand forecasting?

article thumbnail

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

Inside Retail

Unstable political environments in Europe and the Middle East can disrupt supply chains. This instability, together with increased gas and energy prices, has affected shipping costs. Pricing and promotional strategies will be vital as consumers are more cost-conscious. per cent and 1.8 per cent during FY24.

article thumbnail

Preparing For Peak; Five Tips For Getting Supply Chains Fit For The Festive Season

Retail Focus

There are numerous headlines about shipping delays and stock shortages, and growing concerns about getting goods to the UK in time to satisfy festive sales demand. Months and months of rising shipping costs are creating some optimism that the surge in transportation prices is nearing its peak. 2) Create contingencies.

article thumbnail

Inside Walmart’s Expanding Last Mile Strategy: Employee Empowerment, Automation and Sustainability

Retail TouchPoints

Some of the retailer’s plans include redesigning back rooms to accommodate pickup, delivery and ship- from-store orders; adjusting staging operations for orders to drop in three-hour increments to maximize space; and sending overflow delivery orders to the crowdsourced Spark Driver network.

article thumbnail

How to Win in the Real-Time Holiday Retail Era

Retail TouchPoints

With potentially fewer items available on the shelves this year and shipping timelines longer than ever before, retailers must be able to identify where items are located at a given moment, at the right price. Optimized supply chain management to avoid stockouts and overstocking. Expect the Unexpected.