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Retail

What COVID-19 supply chain pivot impressed you the most? Why?

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

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

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 […]

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Retailers: 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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Randy Tucker

Agility On Demand

An instantaneous experience. It’s what consumers expect and the environment online retailers face. When consumers are captured by a product they must have, online retailers have only a few swipes and a few minutes until their brand’s reputation is on the clock.

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Dan Sanker

Battling Through Crisis Together

As society adjusts to the impact of the new coronavirus, COVID-19, many households have stockpiled goods for safety reassurance. With retail stores being one of the few businesses that remain open to the general public, supply chain operations have had to embrace creativity to deliver effectively. Q: What are some of the bigger challenges that […]

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U.S. States Reopen During COVID-19 Pandemic

Alabama Gov. Kay Ivey, a Republican, is allowing her state to start reopening on April 30, 2020, after her stay-at-home order expires. “As of this week, we no longer believe our hospitals will see an overwhelming amount of ICU patients who need ventilators, as we once believed, and that is sure good news,” Ivey said. […]

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Amazon Shoppers Won’t Abandon Ship

Many U.S. consumers have negative feelings toward Amazon’s impact on the retail industry and the environment, according to a recent consumer survey by Convey. The negative sentiment, however, doesn’t translate to lost sales. The key to Amazon’s success is its industry-disrupting shipping. Major findings include: 25% of Americans have negative feelings about Amazon’s impact on […]

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There’s No Business Like Shoe Business

There’s No Business Like Shoe Business

About 12 years ago, G. Brent Barkin, the son of Shoe Station founder Terry S. Barkin, urged his father to start a website for the family-owned business. The senior Barkin followed his son’s advice and invested some money in creating a new channel. But he had his doubts, asking, “Who’s going to buy shoes from a website?”

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State of Retail Tech

State of Retail Tech

Equity funding to retail tech companies slowed globally in 2019—down 31% to $45.2 billion—largely due to a slide in funding to e-commerce platforms and enabling technologies, finds CB Insights’ State of Retail Tech report, a comprehensive look into retail trends from 2019 and what to look for in 2020. Specifically, funding to supply chain and […]

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Map Mishaps Throw Last-Mile Drivers Off Course

Map Mishaps Throw Last-Mile Drivers Off Course

Nearly all last-mile delivery drivers say they would be more effective if they had better maps, according to a new report from Mapillary, a street-level imagery platform that uses computer vision to automate mapping. The delivery industry is racking up $2.5 billion in wasted salary and $611 million in extra miles due to bad maps, […]

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Keith Biondo

Robot Return Ratios

More robots are on the way to Walmart, says John Crecelius, the retailer’s vice president in charge of in-store innovations. Walmart will add shelf-scanning Bossa Nova robots to 650 more U.S. stores in 2020, for a total of 1,000 or more by the fall. Either Bossa Nova or Simbe robots will be in “the majority” […]

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How Does Coronavirus Impact the Supply Chain, and How Can Retailers Minimize Disruption?

With the new coronavirus impacting supply chains globally and shifting consumer spending habits, retailers must assess their response on a daily—or even hourly—basis. COVID-19 has impacted the supply chain by limiting access to employees due to quarantines, closing factories or slowing down manufacturers, and limiting access to logistics to move goods, according to Gartner. Retailers can minimize these disruptions in three ways:

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Coronavirus Precautions

Coronavirus Precautions

The Chinese government’s response to the coronavirus outbreak has impacted 280 supplier sites near Wuhan, China, according to Bindiya Vakil, chief executive officer of Resilinc, a provider of cognitive supply chain monitoring and mitigation solutions. Businesses could experience supply chain disruptions for three to six months, which is comparable to disruptions caused by the swine […]

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Crossing the Final-Mile Finish Line

Crossing the Final-Mile Finish Line

Total e-commerce revenue in 2020 will reach $3.52 trillion, growing year-over-year at nearly 19%, according to global tech market advisory firm ABI Research. This explosion is forcing retailers to find faster and more convenient modes to reach the final mile. Retailers will likely trade profits to continue investments in the e-commerce explosion. This growth depends […]

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I Like Big-Box and I Cannot Lie

I Like Big-Box and I Cannot Lie

Nearly half of small to mid-sized business (SMB) decision-makers involved in distribution, logistics, and/or procurement estimate an increase in shipping spend in 2020 compared to 2019, and big-box retailers are influencing their strategy, finds logistics technology platform uShip’s 2020 SMB Shipping Strategies report. About 25% of decision-makers say the logistics strategies of Amazon and Walmart […]

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