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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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Best AI Tools for Supply Chain and Logistics: The Ultimate Guide for 2024

ThroughPut

Exploring the world of AI tools for supply chain and logistics can be quite overwhelming. That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more.

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

ToolsGroup

The survey report: How Retailers Win Customer Loyalty in an Omnichannel World tracks the change in U.S. As a result of ecommerce and omnichannel shopping, impulse buying has declined. Improving inventory position can help retailers secure consumer loyalty and capture impulse spending. In July 2022, IHL and ToolsGroup surveyed U.S.

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Implementing Last-mile Delivery Technology

Logistics Viewpoints

Technology for All In a retail era dominated by e-commerce giants, customer expectations have shifted towards instant product delivery at no cost. To meet these demands and ensure superior delivery experiences, retailers and carriers must leverage last-mile delivery technology.

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The Future of Omnichannel Grocery

Enterra Insights

As consumers settle into more normalized routines, it’s fair to ask what the future of omnichannel grocery shopping looks like. ”[1] In this article, I want to focus on the e-commerce portion of omnichannel grocery sales and the numerous innovations taking place in that space. Increased Automation. market at $122.39

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Omnichannel Operations and the Rise of the Hybrid Shopper

Enterra Insights

That shift, according to Ilias Simpson ( @IliasSimpson ), CEO at Radial, involved a “transformation of omnichannel buying behavior.”[1] ”[2] And Simpson insists, “Retailers must be prepared for these new buying habits, and embrace new technologies and initiatives for future business success.” ”[6].

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Is Inventory Optimization a Key to Omnichannel Survival?

ToolsGroup

Bob Ferrari of Supply Chain Matters recently pointed to The Sports Authority bankruptcy as one indication. If retailers optimize their inventory—dynamically aligning their supply chains to changing customer preferences and behavior—they can position inventory to satisfy demand at the lowest possible cost.