Articles
Retail
Home for the Holidays
To reduce the risk of exposure to COVID-19, consumers plan to do their holiday shopping earlier this year, a Voxware survey reports, which may bring significant challenges for distribution centers. Key survey findings include: 51% of consumers expect to start holiday shopping earlier than normal in 2020. 57% plan to have more gifts shipped directly […]
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Online Grocery Shifts into Hyperspeed
The retail grocery industry was upended by the COVID-19 outbreak. As consumers rushed to stock up on food and other items during quarantine, retailers and their partners collaborated in new ways to respond to skyrocketing demand.
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5 Actions to Navigate Through the Retail Landscape
Taking these steps will allow your supply chain to adapt to consumer behavioral shifts, omnichannel fulfillment demands, and heightened delivery standards.
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Traditional Retail Supply Chains Tackle Omni Challenges
Distribution centers (DCs) traditionally shipped orders in bulk to retailers or wholesalers. In the early days of e-commerce, most retailers used a small area in an existing DC to fulfill online orders or outsourced the process to a third party. As online demand grew, many retailers opened fulfillment centers dedicated to picking and packing individual orders shipped to individual end users. DCs and fulfillment centers have much different types of operations and cost structures.
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Vertical Focus: Home Goods
Furniture Polish During March 2020, online browsing for furniture increased by more than 200% as illustrated by a 242% increase in online browsing for desks, a 260% increase for outdoor furniture, and a 205% increase for home decor, finds a new V12 survey on how consumer shopping behavior is changing in response to the COVID-19 […]
Read More3 Ways Retailers Can Get on the Fast Track to Digital Transformation
Retailers can use these three practical tips to successfully execute their digital transformation: Make digital moves your strategy centerpiece: Develop a mobile and web commerce initiative right away. Assume people are using your app or web commerce interface for the first time. This is because the number of new users is vastly increasing as a […]
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What COVID-19 supply chain pivot impressed you the most? Why?
One Million Masks, founded by Shafqat Islam, which has built a digital supply chain. Powered by UPS, they have secured hundreds of thousands of PPE units for hospitals. Furthermore, it demonstrates a supply chain that was built in months that otherwise would have taken years. Over the coming months, we will continue to see this type of rapid innovation from savvy organizations.
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The Importance of Inventory Accuracy After COVID-19
Once the COVID-19 pandemic subsides and doors reopen, apparel and footwear retailers say their main concern is inventory accuracy—even over improving online order fulfillment and managing returns, according to a survey by SML RFID, an enterprise software solutions provider. Retailers have more inventory than ever throughout their supply chains, and with staff being furloughed and […]
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Tailoring Apparel Supply Chains for the Future
Apparel brands and retailers can use the COVID-19 crisis to take stock of existing business models and create more stable and sustainable supply chains for the future, finds GlobalData. Fashion retailers in key consumer markets across Europe and North America fight for survival as stores close, sales slump, and inventories mount. For many, the response […]
Read MoreRetailers: It’s Time to Act
While 43% of retailers say they’re taking aggressive action to mitigate the effects of COVID-19, 38% are taking only some action, and 19% are taking a wait-and-see approach, according to Digital Commerce 360. Retailers need to take significant action, however, to address the following five issues, says the research company: 1. Consumer confidence: 97% of […]
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