Articles
Retail
Omnichannel and Supply Chain Work Together for Competitive Advantage
The days of going to a department store to shop for a TV, viewing the options, and making a purchase now seem quaint. The emergence of the internet, smartphones, social media, and other technologies has opened a world of new options for consumers and businesses to review, research, and buy online with ever-increasing delivery choices.
Read MoreWhat’s the Holiday Sales Scenario?
The holiday retail season will play out in one of two ways—a relatively stable year-over-year sales increase of 0% to 1%, or a jump of 2.5% to 3.5%—both of which are lower than prior years, according to Deloitte. Scenario one: Consumers experience growing anxiety about their health and finances. This reinforces the current high savings […]
Read MoreConsumers Set Their Sights on Visibility
With COVID-19 disrupting the traditional retail model and more consumers expecting to find, buy, and receive products wherever and however they desire, the need for retailers to optimize and elevate their supply chain capabilities is imperative for maintaining sales and brand loyalty, finds a survey by enVista. Other key findings in the survey include: 87% […]
Read More5 Must-Take Actions to Prepare for the 2020 Holiday Season
This year has been, and continues to be, unprecedented. Not since the Second World War have global supply chains been so dramatically interrupted. And given the integration of these global supply chains (thanks to the marvels of the integrated circuit) and advances in modern transportation, the disruption caused by COVID-19 is, arguably, unprecedented in modern […]
Read MoreTop Hat and Tales
Stephanie Carter is the co-founder, president, and chief executive officer of Wallaroo Hat Company, a Boulder, Colorado-based manufacturer of stylish sun-protective hats, founded in 1999. Responsibilities: Supply chain logistics, overall operations, design, manufacturing, marketing, and human resources. Education: B.A. in Spanish and French language and literature, cum laude, New York University, 1989; J.D., University of […]
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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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