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Retail Returns: The Key to Driving Business Growth

ToolsGroup

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 84% of buyers read the return policy before making an online purchase.

Retail 296
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Why Returns Happen More Around Peak Season and What to Do About Them

Intelligent Audit

Depending on the source, growth stands near 6% for each quarter, and according to Retail Dive, e-commerce will surpass $1 trillion by the year’s end. million returns before the Christmas holiday, reported Tom Ryan of RetailWire. Meanwhile, worries over an economic downturn are starting to trickle into everyone’s minds.

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Defining visibility

Cathy Roberson

A good view into 'Spend Cube' & its components, suppliers, categories sourced, risk arnd sourcing geos (geopolitics etc), commodity price trends that may need forward buying - all roll up to improved upstream SC visibility. #E2E, esp critical upstream where the supply of supply chains begin, must start with the #PO.

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Top 10 Logistics Trends That Could Impact Supply Chains in 2022

Locus

Find out the most important logistics trends that could impact supply chains in 2022. The World Economic Forum’s report on the “future of the last-mile ecosystem” states that 85% of delivery mileage from freight delivery are majorly responsible for emissions and congestion driven by commercial vehicles.

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Logistics Cost Reduction: 6 Focuses to Create More Profit

GlobalTranz

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit.

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Understanding & Improving an End-to-End Supply Chain

ShipBob

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. In this post, we take a look at how you can improve your end-to-end supply chain operations and create a seamless workflow to enhance visibility and reduce operational costs.

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The (Internet of Things) IOT Supply Chain Benefits Now Coming Clearer

GlobalTranz

Furthermore, the use of robotics in the order fulfillment, specifically the “item picking” processes , could help foster a faster purchase-to-delivery timeline. Twitter Facebook Google+ LinkedIn The post The (Internet of Things) IOT Supply Chain Benefits Now Coming Clearer appeared first on Freight Logistics Company | Cerasis.