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Retail Returns: The Key to Driving Business Growth

ToolsGroup

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. 76% of consumers say free returns are important consideration factors when shopping online.

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50 Online Resources for Aspiring Supply Chain Scholars

Supply Chain Opz

To help you become successful, we have put together 50 online resources that you will definitely find helpful. Resources: Data.gov 2. Resource: Google Public Data 3. Track public policy development on Pew Research Center At Pew Research Center, you can browse the report related to public policy published since 1983.

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The Quietly Growing Conundrum of Online Returns

Logistics Viewpoints

However, the inability for consumers to initially see, feel or experience products they purchase online can create gaps between product expectations and what arrives at the doorstep. 21% of online orders were returned in 2021, up from 9% in 2019. Fulfilling online returns, however, is not. In the U.S, Who pays the price?

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Only as Good as Your Data: Why Supply Chain Digital Twins Require Real-Time Data Unification

ToolsGroup

A supply chain digital twin is a complete model of your supply chain that allows you to run what-if scenarios and determine the most efficient use of resources for fulfilling demand. It tracks everything – every in-store POS purchase, every online order, every item fulfilled from every location. In real-time.

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Schneider Electric’s Works with EcoVadis to Drive Supplier Emissions Engagment

Logistics Viewpoints

environmental policies, energy invoices, GHG emissions report audits, etc.) EcoVadis also deploys artificial intelligence to monitor online publications. Schnieder Electric constructed a “full framework” of tools, resources, and offered collaboration opportunities dedicated to sharing strategies on reducing emissions.

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Does Geography Matter in the Digital Age?

Enterra Insights

the movement of resources from one area in order to exchange them for different resources from other areas). Sean Silverthorne ( @SeanSilverthorn ), Editor-in-Chief of Harvard Business School Working Knowledge , writes, “Location has always been a vital resource in business. Yet the idea persists.

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Understanding E-Commerce Fulfillment: Definition, Process, Resources!

Supply Chain Game Changer

ECommerce fulfillment may not be the thing that gets you excited about your online business. However, it is a crucial element of your success in online retail. A 2018 study found that free shipping was the number one feature for online shoppers. It influenced 83 percent of online shoppers to buy.