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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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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. Download white paper.

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Omnichannel Retail Strategy: Not just a Buzzword, But a Business Model

GlobalTranz

An omnichannel retail strategy is the new norm in today’s supply chains. Therefore, an omnichannel retail strategy must become the new standard business model for companies wanting to remain competitive. This is most obvious in business models allowing for ship-to-store and curbside pickup of online orders. In fact, 78% of U.S.

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Less Than Truckload Shipping Trends to Wrap Up 2018

GlobalTranz

Transportation is the largest sector of the economy, making up 8.9 percent gross domestic product (GDP), reports the Bureau of Transportation Statistics. Shipping rates will continue to soar, and demand for more capacity will push the stretched industry to its breaking point, says Michael Angell of Freight Waves.

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Omnichannel In Manufacturing: Why Manufacturers Are Following Retailers to an Omnichannel World

GlobalTranz

The application of omnichannel in manufacturing primarily focuses on the collaboration between suppliers, or vendors, and distributors. To understand this relationship, we have to consider its driving forces, how it affects omnichannel experiences , and what it means for warehousing capabilities and capacity.

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Peak Shipping Season Update: What’s Driving Change in the Industry?

GlobalTranz

The long and unpredictable peak shipping season continues to challenge supply chains. A 2021 Peak Shipping Season survey conducted by Edelman Intelligence found hiring to be a strong concern among supply chain decision makers with 90% having a strong need to increase hiring to account for peak season and beyond. Higher freight volumes.

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Omnichannel Vs. Multichannel Supply Chain: What’s the Difference?

GlobalTranz

In supply chains, omnichannel solutions are often used interchangeably with multichannel solutions. However, understanding the elements of omnichannel vs. multichannel supply chain is essential to maximizing profit margins in a tightening economy. Product purchased online can only be shipped to a consumer’s address.