Articles
Retail
Vertical Focus Retail-Oct
Weaving Blockchain into Data Sharing Blockchain can solve the errors and inefficiencies that exist in data exchange between suppliers, retailers, and other stakeholders in the retail supply chain, according to results from the Chain Integration Project proof of concept. If retailers want to incorporate blockchain into their supply chain, the study recommends these steps: 1. […]
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3 Ways Retailers Can Fully Prepare for the Holiday Season
Retailers know Americans will still be spending this holiday season, even if it is in a wildly atypical manner. Smart retailers are taking the following steps to ensure they’re not left with a lump of coal this holiday season. 1. Finalize any online fulfillment and inventory management decisions. Retailers of all sizes are aggressively wrapping […]
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Food Fights
With restaurants providing only delivery or takeout during the pandemic, consumers turn to retailers and grocers to fill the gap. The impact on the food industry varies both by state and by sales channel, with fresh meat leading the increase in dollar sales (see chart), reports Hilco Global. Other trends in the report include: Food […]
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Reshaping Retail
New strategies such as BOPIS, BOPAC, microfulfillment, and drive-throughs could transform retail logistics forever.
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Return-to-School Period Will Test Retailers and 3PLs
Retailers and their logistics partners are having to find ways to navigate through uncertainty in a way that they can take advantage of whatever demand there is while keeping costs down, all at a time when the pandemic is already placing significant strain on their operations and sales. In many ways, the return-to-school shopping period […]
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Shaking Up Subscription Services
During the lockdown, some subscription services unboxed a demand surge while others were forced to close the flaps. Here’s how successful services deliver the goods.
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Retail Responds
Retailers faced steep fluctuations in demand during the COVID-19 pandemic, and many have been forced to close or adapt to accommodate social distancing. To improve their supply chain resilience for future disruption, retailers must invest in flexibility, visibility, and automation, according to a study by WMG, the University of Warwick, and Blue Yonder. Key findings […]
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DHL Debuts Retail Store
DHL Express opened a new 1,500-square-foot ServicePoint retail store in Southern Florida. The facility is the first exclusive DHL-branded retail store in the United States. The international shipping service plans to open additional stores in other U.S. locations as international trade rebounds. "For years, Miami has been the up-and-coming gateway city to Latin America as […]
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Flexibility for the Win
A majority (73%) of retailers say that artificial intelligence and machine learning can add significant value to their demand forecasting processes, and more than half say it will improve other critical supply chain capabilities, finds a global supply chain study from LLamasoft. In contrast, underperforming retailers have not moved away from strategies designed to find […]
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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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