How digitalization ensures survival in physical retail

Quintiq

Experts say that every second physical retailer is expected to shut down within the next 15 years. It’s no surprise then that customer expectations have risen steadily, and with them, the complexity of the retail sector. Customer loyalty is the decisive factor for physical retailers.

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The Evolution of Retail and Customer Expectations

Talking Logistics

As the evolution of retail and the way consumers purchase goods continues to change, meeting the challenge to effectively serve both consumers and retailers is a strategic challenge for both shippers and carriers. Guest Commentary Guest Commentary - CH Robinson Retail C.H.

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How a Leading Retailer is Using a Control Tower to Manage their Supply Chain

The Network Effect

How one of the largest retailers in Africa is using innovative technology to improve customer service while lowering supply chain. The post How a Leading Retailer is Using a Control Tower to Manage their Supply Chain appeared first on The Network Effect.

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Head Scratching Report on December 2018 U.S. Retail Sales

Supply Chain Matters

retail sales activity in the all-important month of December has a lot of heads scratching, including that of Supply Chain Matters. Commerce Department report on December retail sales at stores, online and at restaurants had reportedly declined a seasonally adjusted 1.2

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Automated Order Processing and Proactive Inventory Management

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

Organizations need to focus on demand driven supply planning, utilizing real time information on customer orders from all marketplaces (e-commence, Amazon - or other online retailers, and point of sale data from brick and mortar).

Another Optimistic Forecast for 2019 U.S. Retail Sales

Supply Chain Matters

The National Retail Federation is forecasting that U.S. retail sales for 2019 will increase between 3.9 Retail industry customer fulfillment and supply chain management teams should likely be preparing for another active year but with contingency planning in-place. retail sales.

Why (And How) Retail Stores are Here to Stay

JDA software

In the age of Amazon, are retail stores still here to stay? J oAnn Martin , JDA’s senior strategy leader for Retail thinks so. In this video blog, she shares why shoppers still want an in-store experience and what the biggest change is in retail right now.

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Video: How to Digitize the Retail Supply Chain

The Network Effect

Retailers today are in a poor position to compete against a vertically integrated and fully digitized online giants like Amazon. The post Video: How to Digitize the Retail Supply Chain appeared first on The Network Effect.

Video 181

Retail supply chain management and the rise of fast fashion

Kinaxis

However, when it comes to the efficiency of today’s retail supply chain management techniques, controversy is replaced by admiration as international clothiers boast operations efficient enough to accurately anticipate demand in one of the world’s most rapidly changing industries.

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Three New Ways Retailers Can Improve Inventory Performance

ToolsGroup

Many retailers consider competing against Amazon their biggest challenge. While the impact of Amazon is real, it is only a thread in the larger retail competition tapestry. Here are three things that retailers can do to align strategy and execution.

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Fixing the Retail Supply Chain

The Network Effect

It’s common knowledge that retail is under tremendous pressure from ecommerce and changing consumer buying habits. The post Fixing the Retail Supply Chain appeared first on The Network Effect. Digital Supply Chain Retail bankruptcies digital supply chain retailBut how bad is.

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Surviving the Retail Apocalypse

Enterra Insights

By now, most people are aware of the spate of retailer bankruptcies and store closures referred to in the press as the Retail Apocalypse. “For years now,” writes Ryan Lester, Director of Customer Engagement Technologies at LogMeIn, “traditional retail stores have been under attack. In fact, over 3,800 stores closed in the US in 2018 alone and we saw some of our most cherished and longstanding retail brands close doors forever.”[1]

Retail 100

Fixing Grocery Retail’s $10 Billion Problem

The Network Effect

million retail DC appointments on One Network’s Real Time Value Network, it became clear… the. The post Fixing Grocery Retail’s $10 Billion Problem appeared first on The Network Effect. Digital Supply Chain Supply Chain Control Towers The Network Effect control towers grocery on-time in-full OTIF retailAfter analyzing data for 1.75

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Deliver On-Time and In-Full with a Retail Consolidation Program

Talking Logistics

The pace of change in today’s retail environment is faster than ever. E-commerce and shifting, more demanding consumer behaviors have led retailers to tighten requirements for shippers across the board. Penalties for late or partial shipments are steep and can make or break a shipper’s relationship with a retailer. Shippers can mitigate this challenge with a retail consolidation program. So what is a retail consolidation program? Retail consolidation programs.

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Retailers’ Advantage Over Amazon

The Network Effect

Bowman at Supply Chain Brain has an interesting article on how retailers can take on Amazon, by using the one thing they have in their favor that Amazon lacks. That dependency might now be on the verge of eroding… —– Read the full article: How Retailers Can Meet the Challenge of Amazon. The post Retailers’ Advantage Over Amazon appeared first on The Network Effect. Retail amazon bricks and mortar retail strategy titansRobert J.

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Watch this Video on What’s Really Disrupting Retail

JDA software

What’s putting Retail’s move to emerging technologies in motion and shaking up store operations? In this video blog, JoAnn Martin , JDA’s senior strategy leader for Retail breaks it all down for us. More than half of retailers are responding to disruption right now.

Video 81

Why Mastering E-Commerce Shipping Strategies Will Help Retailers Avoid the “Retail Apocalypse”

Cerasis

The retail apocalypse has received plenty of attention over the past three years. Brick-and-mortar stores that understand the invaluable role of e-commerce in relation to omnichannel supply chain success can help retailers avoid the retail apocalypse. In a sense, the retail apocalypse, which some believe is all hype and not fact, is about comparing apples to oranges. An Effective E-Commerce Shipping Strategy Mitigates Losses From the “Retail Apocalypse.”

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Tariffs and 5 Areas Retailers Need to Focus on Now

Supply Chain Nation

For decades, from hardware to electronics, textiles, food, household goods, and general merchandise; retailers have been offering lower prices on goods sourced overseas. Retail strategies to mitigate costs. What can retailers do?

In Modern Retail Supply Chains, Visibility Matters

Loftware

What can make the retail supply chain quick and visible? Consumer Products Retail Labeling Track & Traceability Logistics

Bad habits in retail supply chain planning

The Network Effect

” This is especially true in the world of retail supply chain planning. They are a super-progressive Canadian retailer and early adopter of Flowcasting. Retail Supply Chain Planning The Network Effect retailThe People Speak!/Flickr. Flickr.

So, what does sustainability in retail actually look like?

Quintiq

To do so, I want to explain the ‘how’ behind some of the sustainability efforts I’ve seen in the retail industry recently, and hopefully embolden other companies to engage in similar efforts. Now, let’s dig into the details of the ‘how’ behind sustainability improvements in the retail space.

Trends 2019: Retail

Enterra Insights

I’m certain a lot retail executives wish they had the power to stare into a crystal ball and see the future. Such a gift would have spared many of their companies from the consequences of the retail apocalypse. ”[1] If Pitassi is correct, the big question is: What does it mean to be “fit” in the retail sector? Retail trends. When most people think about the retail sector, they visualize transactions between merchants and customers.

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Emerging Trends to Embrace for Retail Supply Chain Leaders

Supply Chain Network

I think this is an excellent opportunity to reflect on some key emerging retail supply chain trends to get everyone’s juices flowing again. My goal is to dig a bit deeper to get at 3 real foundational changes needed to transform your retail supply chains and brand businesses.

Retail Suppliers Pitted Against Private Equity Investors

Supply Chain Matters

This particular blog applies to the retail industry and its associated supply chains and how private equity financing practices are pitting suppliers against investors. Consumer Goods Focused Supply Chain Online Customer Fulfillment Procurement and Sourcing Retail Supply Chain Supplier Collaboration Supply Chain Risk Management supply chain insights Supply Chain Matters

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Bad Retail is Dead — Long Live Retail

Enterra Insights

Brick-and-mortar retailers continue to declare bankruptcy at an alarming rate. Ben Unglesbee ( @Ben_RetailDive ) and Cara Salpini ( @CaraSalpini ) bluntly write, “Last year was a dismal one for certain retailers. Those ‘certain’ retailers include ones with a lot of debt, that depend on malls and whose business is especially susceptible to the explosion of Amazon online and off-price sellers in the physical world. Bad retail is dead.”[2].

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Welcome to 2019: 5 Retail Trends You Need to Know Now

JDA software

It’s a new year and retail is moving faster—finally we’re seeing retailers looking in the right direction—up. So, take five, grab a cup of coffee and read on for my predictions of what the end of a decade in retail has in store. What are your retail predictions for 2019?

When Retailers Face Recalls, Visibility Matters

Loftware

The complex, high-pressure nature of recalls demands unparalleled retail visibility. Supply Chain Retail Transportation & Logistics Track & Traceability

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How Digitalization Holds the Key to Retail and Consumer Goods Success

The Network Effect

The post How Digitalization Holds the Key to Retail and Consumer Goods Success appeared first on The Network Effect. Big Data Consumer Goods Digital Supply Chain Leadership and Strategy Retail Supply Chain Management Technology The Network Effect consumer goods consumer-driven Dave Allen digital networks digital supply chain retail supply chain management

5 Surprising Stats on Why Retail Brand Trust is Seriously at Risk

JDA software

Understandably, these knock offs are creating some significant trust issues between retailers and their consumers, and , retailers and manufacturers. This fraud is running rampant in American retail and hurting merchants’ abilities to create a consistent, consumer-driven assortment.

Retail Warehouse Automation Is Finally Top-Priority

Veridian Solutions

Omnichannel retail is the new “Gold Standard” for the industry. Consumer spending patterns show an increase in e-commerce purchases, but the peak holiday shopping season of 2018 suggests that retailers must not undervalue brick-and-mortar capabilities.

Retail Internet Convergence

The Logistics of Logistics

Retail Internet Convergence is the explosive arrival and growth of mobile commerce that will have a significant impact on the way businesses are managed in the future, from revenue and logistics to the supply chain and bottom line. The Necessary Evolution of Retail Internet Convergence.

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How to Move from Gartner Stage 2 to Stage 3 Retailing

ToolsGroup

Using the Gartner Demand Planning five stage maturity scale, analyst Mike Griswold estimated on a recent call that retailers as a group averaged just 2.3 In this stage, retailers hire demand planners to create more accurate forecasts by using point-of-sale data and online transaction history.

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Smarter Inventory Management Will be One of the Key Competencies for Retailers in the Coming Year

Supply Chain Matters

While the nation’s retailers gather in New York City this week to attend the National Retail Federation’s 2019 Annual Conference, the Supply Chain Matters blog declares that inventory management will be one of the key competencies for retailers this year.

The Kickoff of NRF 2018 and the Future of Retail

Supply Chain Matters

The National Retail Federation’s Annual Conference, NRF 2018, kicks-off this weekend and runs until Tuesday. Unlike last year, this year’s gathering should provide a far more optimistic perspective regarding the future of retail from a merchandising, online technology, and supply chain capability perspective.

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An Introduction to Blockchain for Retailers

Repl Group

And what does it mean in practical terms for retailers? The Blockchain Opportunity for Retailers. This is all very interesting, but what does blockchain signify for retailers? But as its use increases it will become more viable for a wider range of retailers.