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Trends 2023: Retail

Enterra Insights

Retail journalist Ben Unglesbee writes, “Hey retailers, it might be time to ditch your stores, move your inventory to the metaverse, replace your staff with robots, switch from cash to crypto and invest all your profits in some blockchains.”[2] Omnichannel Operations. 2023 Retail Trends. Or vice versa. ”[4].

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Who's Really Running Your Retail Operation?

C3 Solutions

But it was really the development of innovative material handling systems in the mid-20th century that prompted the need for ways to keep track of more densely stored goods and higher levels of inventory. With the concurrent innovation in computing technology, inventory tracking systems were created that could generate automated reports.

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The Internet of Things and the Retail Industry

C3 Solutions

From a term that came into use in 2009, the Internet of Things (IoT) has come a long way in 10 years. What's interesting is how the use of IoT technologies to track inventory throughout the supply chain can dovetail with the kind of visibility you gain when you implement a best-of-breed dock scheduling system from C3 Solutions.

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6 Strategies for Better Supply Chain Management in the Current Economy

Oracle SCM

The years from 2007 through 2009 were notable for their economic volatility, reflected not only in the global economic recession but also the instability of customer demand and rapid movement in raw material, fuel, and commodity prices. They prioritized projects that reduced inventory and logistics expenses. By Maha Muzumdar.

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Coronavirus Increases Supply Chain Risk Management Priority

Enterra Insights

… Perhaps more important than inventory and planning is the lack of experience: Experts refer back to the 1918 Spanish Flu outbreak for guidance, yet no public health experts have personal experience with this type of global pandemic.” . “For many disruptions, planning and prior experience are guides.

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Reverse Logistics: Who Does it Well?

Logistics Bureau

They may recall inventory from retailers or reprocess it because it has passed its sell-by date or demand is insufficient. In the fashion sector for example, US department stores like Saks 5th Avenue and Nordstrom have second-tier sales outlets (off-5th and Nordstrom Rack) to which they can hand off excess inventory at marked down prices.

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Live Shopping Guide: Understanding the Risks and Rewards of Livestream Shopping

ShipBob

Fashion vlogger Samantha Maria began sharing her passion with her viewers on YouTube way back in 2009. ShipBob is an omnichannel fulfillment provider that can help you streamline your fulfillment strategy for multichannel retailing. . With ShipBob’s omnichannel capabilities, you can: Prevent stockouts and over-selling.