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Retail Returns: The Key to Driving Business Growth

ToolsGroup

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. As Burt Flickinger, Retail Expert and Managing Director at retail consultancy Strategic Resource Group shared with CNN , “For every dollar in sales, a retailer’s net profit is between a cent to five cents.

Retail 296
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Will Arrogance Stunt your Growth?

Supply Chain Shaman

It never occurred to this supply chain leader that there is no place to put “new forms” of demand data into today’s supply-centric enterprise architectures. Based on our recent research, we find that only 1% of process-based companies are making progress on both operating margins and inventory. What are their secrets?

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Is Google the most innovative supply chain company in the world?

Freightos

The internet giant may have started off in a garage, focusing on indexing the world’s information, but Google has since become famous for other experiments it runs, from automated cars to i nternet routers on weather balloons. In addition, Amazon noted that almost 60% of its transactions were via mobile devices.

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Be a Contender: Top 3 Reasons for On-Demand Fulfillment

FLEXE

How do you compete with Amazon? With its vast distribution network in the United States, Amazon has set a precedent for shipping logistics that’s probably making your team sweat. However, the “Amazon effect” is not insurmountable—nor is it new. For many, the solution has been to use Fulfillment by Amazon (FBA).

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What’s Your eCommerce Strategy? Is Fulfillment On It?

FLEXE

Amazon continued to expand and innovate its reach. And brick-and-mortar storefronts continued to hang up their hats and lock their doors—more so than during 2007’s recession. It’s clear a strong eCommerce strategy is needed to compete. . Amazon Prime’s delivery promise for faster and faster delivery is proof of that.

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How to leverage AI and ML for an Effective promotional pricing strategy?

Cognira

In this blog, we’ll dive into the world of promotional pricing and explore how AI and ML can revolutionize your approach. Discover the secrets of success, stay updated on the latest trends, and harness these transformative technologies to supercharge your promotional pricing strategy.

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When It Comes To Excess Inventory, Prevention Is Better Than Cure

ToolsGroup

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.