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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.

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Canada’s New Supply Chain Bill Creates Obligations for Retailers

Retail TouchPoints

After complaints that Canada had for too long turned a blind eye to the problem of forced labor in supply chains, Bill S-211 represents significant progress, aligning Canada with a growing global trend of legislation aimed at eradicating modern slavery and promoting social sustainability. The law, which goes into effect Jan.

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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. This digital convenience was furthered by promotional campaigns and expansive product availability, drawing in a wider customer base.

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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.

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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?

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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.

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Exclusive Q&A: ‘We’re Asking a Lot More From Our Supply Chains’

Retail TouchPoints

Dr. Thomas Goldsby , Professor and Chair in Logistics in the Supply Chain Management Department of the University of Tennessee , revealed some of the less obvious reasons for rising prices, the virtues and limitations of “nearshoring” via domestic supply chains and the prospects for supply chain improvements during holiday 2022 and into 2023.