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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Retailers know firsthand how quickly the market can change. Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. The retailers feel the impacts of the recession fast and deeply.

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What Are Retail KPIs? The Most Important Retail Metrics in 2023

ShipBob

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. To find out, you’ll need to track Key performance Indicators, or KPIs, for your retail business. What is a retail KPI? Why are retail metrics important?

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Transportation Sourcing in an Omni-channel World

Talking Logistics

Omni-channel is transforming retail transportation’s supply chain and logistics processes. Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes.

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Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers. Supply chain data can be challenging to manage due to its unstructured or semi-structured nature and the need to integrate new data sources. These challenges require a strategic and systematic approach to overcome them.

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What is Order Processing? How it Works & Key Methods

Unleashed

Once confirmed, the ordered items are picked from your inventory, sorted, packed, and shipped to the customer. Inventory sourcing: The locations of ordered items are identified in the warehouse or distribution centre – or reordered from the supplier if no stock is available. Shipping: The order is handed over to a delivery service.

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Sustainable eCommerce: Examples of Environmentally Friendly Online Retail

Ware2Go

Those returns often can’t be re-sold, or retailers will lose money on a resale. A full 66% of consumers said they would be more likely to purchase from a brand with a sustainable shipping option, as long as they could still receive their item in 2 days or less. And we haven’t even begun to talk about waste. million cars to the road.

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The Fashion Retail Supply Chain is a Speed Game Now More Than Ever

Locus

Add to this the unpredictability of the Covid-19 pandemic and we have a pretty temperamental supply chain environment for fashion retail. 2020 and 2021 have been exceptionally difficult for global fashion retailers. Check Out: Retail/FMCG Sales Beat Planning. An inconsistent period of recovery. Online shopping thrives.