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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. Yet, in today’s omnichannel world, retail returns are key to driving business growth, thanks to their ability to enhance the customer experience, minimize losses, and preserve long-term revenue. .”

Retail 296
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TMS-Enabled Omnichannel Supply Chains Gearing Up for the Peak Season Challenge

TMC

TMS-Enabled Omnichannel Supply Chains Gearing Up for the Peak Season Challenge.Connect. The 2016 holiday shopping season is expected to deliver increased sales volumes—and new challenges for retailers as they continue to develop omnichannel supply chain models in response to changing consumer buying patterns. Essential tool.

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How Omnichannel Retailing Buys into TMS Technology

TMC

It also shed light on the key role that transportation management system (TMS) solutions play in helping retailers respond and adapt to the emerging industry landscape. In response to changing consumer buying preferences, retailers have implemented multichannel or omnichannel supply chains. Focusing on exceptions—not every event.

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7 Top Supply Chain Trends to Know for 2023

ModusLink Corporation

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Cybersecurity Risk Management Will Grow More Important in Omnichannel E-Commerce.

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This Week in Logistics News (August 3-7, 2015)

Talking Logistics

Freight Startups Attract Silicon Valley’s Attention ( WSJ – sub. This week the big news is that Macy’s is expanding its same-day delivery service to nine additional markets (for a total of 17 markets) for products purchased online at macys.com, bloomingdales.com and on both brands’ mobile-enabled websites. Harrison, Macy’s, Inc.

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Last-Mile Success - Closer and Faster

Cathy Roberson

The recent batch of retailers' earnings offers insights into the success that retailers are achieving in connecting the online and physical store, better known as omnichannel which was first coined around 2010. Costco, for example, acquired Innovel Solutions in 2020. I wear a number of hats these days.

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Supply Chain Predictions for 2018

Material Handling & Logistics

The Uberization of Freight. People are trying to automate as much of the order-to-cash process as possible - however, there are hurdles that make the fully automated “Uberization of Freight” difficult for both buyer and seller. . – Kristi Montgomery, VP of innovation, Kenco. Kristi Montgomery, VP of innovation, Kenco.