article thumbnail

Digitalization Can Help Mitigate Climate-Related Supply Chain Disruptions

Retail TouchPoints

From typhoons and flooding to earthquakes and wildfires, extreme weather has long caused supply chain bottlenecks across the globe, but experts have warned that these kinds of climate-related disruptions will only become more common in the years to come as coastal sea levels continue to rise and the effects of climate change grow more pronounced.

article thumbnail

Supply Chain Challenges Have Introduced a New Concept into Ecommerce — Inventory Pacing

Retail TouchPoints

Supply chain management is the heart of retail management and has the ability to inform the overall health of a business. As a result, businesses looking to gain a competitive advantage in the global marketplace are investing more heavily in supply chain management.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Build a Modern Supply Chain That’s Built to Last

Retail TouchPoints

To keep up with rising demand, you need to set aside outdated supply management tactics and adopt longer-term solutions that help you get ahead of potential problems instead of reacting to them after it’s too late. Traditional Supply Chains Aren’t Built for Disruptions. Develop concurrency across your supply chain.

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. This is both more complex and more top-of-mind due to ESG [environmental, social and governance]; no one likes to ship air.”

article thumbnail

How Ecommerce Tech Can Reduce the Environmental Damage it Caused in the First Place

Retail TouchPoints

Much of this impact comes from shipping and warehousing, as well as from operating all those computer servers to facilitate all of those sales. When a consumer returns an item, that’s two legs of shipping — and the concomitant environmental impact — that essentially occurred for naught. Mitigating Returns.

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. 3) Scale up scenario planning.

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. Continue to review minimum stock limits and develop contingency plans should supply issues emerge. per cent and 1.8