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Surviving an Economic Downturn in the Retail Sector

Enterra Insights

But for anyone harking back to the last major recession in 2008, the stakes are far different this time around for consumers and retailers.”[4] ”[4] On a more positive note, Lacy points out that retailers are better equipped to deal with a downturn than they were in 2008. The reason, she explains, is digital technology.

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Will 2017 Drive a Higher TMS Adoption for Small to Mid-Sized Shippers?

GlobalTranz

In 2008, statistics involving TMS adoption rates ranged from 20 to 30 percent. Meanwhile, 2008 was a time when the deployment of cloud-based technologies was in infancy, so some companies may not have understood survey questions and their applicability to existing operations. Yes, that’s free shipping!

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3PL Logistics Companies Up Services to Continue to Meet the Needs of Shippers

GlobalTranz

When the housing market collapsed in 2008 , the US and global economies went into a tailspin. However, a growing omnichannel, e-commerce market share is making shippers look to squeeze every drop from data-rich environments to leverage capabilities and services to reduce costs to the end-user. International Shipping Optimization.

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How Consumer Behavior is Changing

Enterra Insights

We’re seeing accelerated usage of omnichannel retail, pickup and home delivery is prospering, social influencers are growing in importance as is live eCommerce, subscription services are on the rise, and there’s a growing desire for smart ‘touchless’ solutions.” ” 2. ” Footnotes. [1]

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Leveraging Big Data in Logistics Into Meaningful Business Analytics

Intelligent Audit

In 2008, Dr. Raymond Panko published a paper detailing examples of human error in data entry. One solution is to turn to big shipping data. As e-commerce crosses the $1 trillion mark , more and more companies are adopting an omnichannel strategy. Gain Clarity into Shipping Data. His findings?

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Hyperbolic Discounting, the Supply Chain, and the Marshmallow Test

FLEXE

Thanks to Amazon, consumers are accustomed to fast, affordable shipping. eCommerce and omnichannel retailers that want to compete have to improve their delivery promises and that means rethinking supply chain networks and operations. billion in shipping costs in 2016. Commingling can negatively impact your brand.

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Hyperbolic Discounting, the Supply Chain, and the Marshmallow Test

FLEXE

. </p> <p>Thanks to Amazon, consumers are accustomed to fast, affordable shipping. eCommerce and omnichannel retailers that want to compete have to improve their delivery promises and that means rethinking supply chain networks and operations. </p>