Remove 2026 Remove Industrial Remove Procurement Solutions Remove Shipping
article thumbnail

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. Compare this to the 9% returns rate of purchases made in-store. Jorge Lopera is Vice President Latin America & Industry at FarEye.

article thumbnail

Using Customer Delivery Personas as a Growth Tool

Multichannel Merchant

Last mile delivery has become a costly undertaking for multichannel retailers, with home delivery comprising an estimated 41% of overall supply chain costs and 53% of the total cost of shipping. How do you then translate your last mile delivery process into repeat purchases, brand loyalty and increased profits? of the average $10.10

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Using Customer Delivery Personas as a Growth Tool

Multichannel Merchant

Last mile delivery has become a costly undertaking for multichannel retailers, with home delivery comprising an estimated 41% of overall supply chain costs and 53% of the total cost of shipping. How do you then translate your last mile delivery process into repeat purchases, brand loyalty and increased profits? of the average $10.10

article thumbnail

Cracking the Code for AI in the DC

Logistics Viewpoints

Expectations for short delivery times, 100% fulfillment accuracy, and large product selection and availability have become a key deciding factor on which customers make their purchase decisions. The warehouse automation market is forecasted to grow at a CAGR of approximately 14% and be worth USD 30 billion by 2026.

DC 257
article thumbnail

The Essential List of Logistics Acronyms and Abbreviations for Retailers

Locus

If there is one industry that continues to scale robustly, it is Retail. trillion by 2026, surpassing the current GDP of all European Union member states combined. ETA in Shipping: Why Retailers & Delivery Partners Need to Pay Attention 14. A recent survey forecasts that retail sales will soar to $32.76

article thumbnail

Power Your Business Sustainably Through Solar Energy

The Logistics & Supply Chain Management Society

Feature Article by Sembcorp Industries (Sembcorp). To ensure that these commitments are met, companies from different industries around the world are pursuing strategies that promote sustainability. During our search for more energy-efficient technology, we met up with numerous vendors offering energy solutions.

article thumbnail

This Week in Logistics News (April 24 – 30)

Logistics Viewpoints

The figure includes Panasonic’s purchase of the remaining 80 percent of shares in Blue Yonder for $5.6 Applications are due by July 2021, with the program looking to reduce deforestation between 2022 and 2026. Truck driving shortage impacting cost of goods. billion, plus debt repayment.