ToolsGroup
AUGUST 1, 2022
Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Yet, in today’s omnichannel world, retail returns are key to driving business growth, thanks to their ability to enhance the customer experience, minimize losses, and preserve long-term revenue.
Supply Chain Shaman
MARCH 21, 2023
Note that in Figure 1, retail home improvements days of inventory increased 68 days, contract manufacturing days increased 48 days, retail apparel by 28 days, and containers and packaging manufacturing companies by 14 days. This is an active area of research. In the evolution of the global organization, the issue grew worse.
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Logistics Viewpoints
JUNE 1, 2023
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.
BlueYonder
SEPTEMBER 7, 2023
Having started my retail career at the age of 17, I speak from experience when I say…retail is a hard business! In my 30+ years working in retail I often said, “Retail, you’ve got to love it…especially if you are going to make a career of it.” The group said retailers on average saw a 26.5% billion from 2020.
Logility
APRIL 20, 2016
We recently wrote a white paper called The Agile Retailer. In it, we examined how allocation practices are changing, especially for fashion retailers. This, de facto, is what separates an agile retailer from others. Only the best retailers survive and thrive. Linking Transportation to Allocation.
BlueYonder
NOVEMBER 7, 2023
That’s a question retailers should consider when they think about artificial intelligence (AI). A new survey by Blue Yonder found that almost all retail executives feel confident in their command of AI. These findings might make you think retailers are prepared for the AI revolution. When does confidence become overconfidence?
ToolsGroup
FEBRUARY 7, 2022
The wonderful world of retail. The Retail Trends Shaping How We Shop in 2022. The Retail Trends Shaping How We Shop in 2022. From a digitally-transformed shopping experience to global supply chain disruptions and a pandemic that refuses to quit, there’s one thing retailers can count on: People are always going to shop.
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