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Omnichannel Retailers Leverage Optimization for Order-Promising

Logistics Viewpoints

This meant that retailers were not maximizing their profitability. Omnichannel refers to the ability of a consumer to get products fulfilled to them in various ways. The problem with the rules that retailers use for omnichannel fulfillment is that they leave money on the table. That is changing. But there is a cost to this.

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Key Insights from NRF 2024: Navigating the Future of Retail

ToolsGroup

The curtains have closed on the National Retail Federation (NRF) 2024 Retail’s Big Show, and this year’s event has been extraordinary, with a record-breaking attendance of nearly 40,000 participants from around the globe. In the realm of adopting new solutions, a critical focus is placed on selecting tools that resonate with users.

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Consumers and Retailers Have Embraced Omnichannel Operations

Enterra Insights

And — in what could be boon or bane for manufacturers and retailers — today’s consumers are quite willing to abandon their once-preferred brands in favor of new ones that offer value or novelty.”[1] One retail sector that witnessed a dramatic rise in online purchases during the pandemic was the grocery sector. during 2020.

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Has There Been a Retail Revolution?

Enterra Insights

Two years before the COVID-19 pandemic jolted the retail landscape, Jeff Schmitz ( @JeffreySchmitz4 ). Chief Marketing Officer Zebra Technologies, insisted the retail sector was in the midst of a revolution. It’s undeniable that we’re in the midst of a retail revolution.”[1] Retail Stores Blur with Distribution Centers.

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Process Automation in Retail and the Supply Chain

Enterra Insights

2] What White described is referred to as intelligent robotic process automation, cognitive robotic process automation, or, as we call it at Enterra Solutions ®, Cognitive Process Automation. RPA is often referred to as a gateway technology for artificial intelligence. Process Automation in Retail and the Supply Chain.

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The New Normal: Predictions for Retail in 2021

ToolsGroup

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. What do you predict will be different for retailers in 2021? Transcript.

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As Retailers Eye Last-Mile Strategies, They Launch BOPIS to Neutralize Costs

GlobalTranz

Many retailers have implemented buy online, pick up in store (BOPIS) strategies without realizing it. Although the name invokes the fears of coding and advanced systems, it refers to the process of buying a product online and picking it up in the store, i.e., BOPIS.