article thumbnail

Omnichannel Retails Comes Front and Center

Enterra Insights

Even before the COVID-19 pandemic shuttered physical stores, retailers were adopting omnichannel strategies to take advantage of the increasingly important consumer digital path to purchase. ” He asserts customers expect the following: Free or low-cost shipping. ” Changing consumer behavior.

article thumbnail

Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it. RESILIENCE REQUIRES OMNICHANNEL OPTIMISATION.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Create a stronger omnichannel model through integrated business planning

o9 Solutions

As a result, omnichannel distribution models, which bring together traditional retail sales and D2C sales through brand stores and digital avenues, took center stage for many retailers. . Gathering first-party consumer preferences, purchasing behavior, and feedback that can lead to new product innovation.

article thumbnail

Real-Time Inventory Management: 5 Ways Advanced Computer Analytics Will Transform Traditional Inventory Management

GlobalTranz

Meanwhile, failure to notify consumers about out-of-stock items during purchase could result in the permanent loss of a customer. In some cases, selling products that are not currently available can result in the levy of penalties or fines from governments. This might sound obvious, but it is worth consideration.

article thumbnail

Will the Economy Make this a Christ-‘meh’ Season?

Enterra Insights

”[1] Journalist Paul Berger reports that supply chain indicators confirm this holiday season’s sales could be mediocre. Journalist Nora Colomer reports, “Credit card balances grew the fastest among Gen Z cardholders in the second quarter of 2023, according to a recent TransUnion survey. Gen Z’s balances increased 51.9%

article thumbnail

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.

article thumbnail

Supply Chain Management With Blockchain: How the Blockchain Enables Supply Chains to Focus on Customer Experience

GlobalTranz

In recent months, sustainability and ethical business practices have become cornerstones of the ongoing conversation about how to govern people and manage a business effectively. In other words, the same demands of consumers exist in B2B purchasers. Decreased shipping costs. This is not exclusive to end-users.