article thumbnail

Focus: UPS and FedEx Customers Regain Upper Hand in Delivery Price Battle

Retail Wire

Demand shrinkage has led both companies to fight for business, resulting in opportunities for customers to reduce shipping costs. After more than four years, U.S. retailers and other delivery customers are gaining the upper hand in negotiations with UPS and FedEx, securing discounts, a reversal from 2021 and the first half of 2022.

Shrinkage 113
article thumbnail

Detego Offers An RFID-Powered Factory-To-Store Shipment Validation Tool

Retail TouchPoints

Detego , an RFID software solution provider for fashion and sports retailers, has launched tools that validate factory shipments at the item level, to help prevent shipping errors and provide complete traceability throughout the supply chain.

Shrinkage 264
Insiders

Sign Up for our Newsletter

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

article thumbnail

As warehouses get greener, demand for eco-friendly packaging is soaring

Inside Retail

During the past five years, as consumer and regulatory pressure has forced manufacturers and retailers shipping goods to deliver sustainable solutions, Ranpak has continued to benefit, its technology deployed by major multinational brands and local e-commerce companies alike in 52 international markets. But this is no longer necessary.

article thumbnail

How Retailers can Combat Inventory Shrinkage with Drone-Powered Warehouse Monitoring

Retail TouchPoints

There’s been a lot of talk recently about retailers reporting lower-than-expected earnings due to inventory shrinkage. According to the Corporate Finance Institute , “Inventory shrinkage occurs when the number of products in stock are fewer than those recorded on the inventory list. What does this mean exactly?

Shrinkage 269
article thumbnail

Different Things to Consider Outsourcing in Your Retail Business (and Why)

Retail Focus

Order Fulfillment When outsourcing, retailers can benefit from streamlined inventory management, order processing, and shipping. Outsourcing security and loss prevention services to professionals can significantly reduce the risk of theft, shoplifting, and inventory shrinkage.

article thumbnail

Everything You Need to Know About Keystone Pricing

Wiser

If you’re selling a big-ticket item with low turnover and high shipping and shrinkage costs , you might end up actually eroding your margin with keystone pricing. Likewise, if your sales volume is extremely high at launch, you could raise the selling price to increase your margin. Of course, not all product launches are created equal.

article thumbnail

Jason & Scot Show Episode 282 – Cyberweek Recap with Salesforce’s Rob Garf

Retail Geek

Cyberweek and in large part because the two of you everybody saw a ship again in like everybody right it made the Today Show. we saw a shrinkage of 6% of product catalogs so retailers are being conservative. Cyberweek because consumer saw the headline you know I was asked by a customer just recently in the specialty apparel space.