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Understanding the Profitability of Omnichannel Retail is a Problem

Logistics Viewpoints

Rather than just offering consumers the choice of buying online or buying in the store, a retail omnichannel strategy involves a lot more paths to fulfill an order or to process a return. As a result of this, the market for omnichannel order management (OOM) systems grew briskly. Then came Covid.

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Implementing Omnichannel: How to Get Your Supply Chain Ready to Go Omnichannel

GlobalTranz

Omnichannel has been a buzzword in supply-chain circles for several years, but retailers that have invested in implementing omnichannel strategies have shown less than superior results, says Steve Dennis via Forbes. These problems show weaknesses and overlooked concerns when implementing omnichannel supply chain strategies.

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Is Seamless OmniChannel Possible? How to Avoid Supply Chain Technology Hiccups

GlobalTranz

Unfortunately, a lack of understanding in omnichannel supply chains has also led many companies to experience extreme issues in delivering on their promises. In addition, some may feel that growing into a seamless omnichannel sales strategy is impossible without supply chain technology hiccups, but that is not true.

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Leading Challenges in Inventory Visibility and How to Solve Them

GlobalTranz

Timeliness, speed, and order accuracy are some of the most in-demand aspects of today’s omnichannel world, but significant challenges still exist with inventory visibility. The post Leading Challenges in Inventory Visibility and How to Solve Them appeared first on Transportation Management Company | Cerasis.

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ToolsGroup-IHL Group 2022 Retail Inventory Study Shows Diminishing Customer Loyalty Due to Out-of-Stock Concerns

ToolsGroup

Improving inventory position can help retailers secure consumer loyalty and capture impulse spending. The survey report: How Retailers Win Customer Loyalty in an Omnichannel World tracks the change in U.S. Across other retail sectors, customers have increased their trust in inventory availability from 1-7%.

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What Exactly Is Omnichannel 2.0 and How Is It Different?

GlobalTranz

Omnichannel is a term frequently used in today’s modern supply chain management. Omnichannel capability is associated with getting product to the customer in any possible fashion, that is convenient for the customer. Supply chain leaders need to understand omnichannel 2.0 What Exactly Is Omnichannel 2.0, Omnichannel 2.0

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Effective Warehouse Management in an Omnichannel World

GlobalTranz

An effective warehouse management strategy is key to staying competitive and meeting consumers’ expectations in the omnichannel world. To understand this paradox, warehouse managers need to understand the pitfalls of omnichannel warehouse management and how to develop a winning strategy.