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]

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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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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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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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End to End Supply Chain Visibility - Solving The Data Problem

Retailers and manufacturers. of that journey is the port, when actually, for the retailer, it's their distr ibution center. that has long plagued retailers, manufacturers and 3PLs-- leveraging a. 1DIGITAL TRANSFORMATION, END-TO-END VISIBILITY, AND. THE "DATA PROBLEM".

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.

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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Reinventing Retail in a Multichannel World

Supply Chain @ MIT

The liquidation woes of Sears Holdings, owner of iconic retailer Sears and Kmart, underscore the dramatic decline in bricks-and-mortar retailing in the face of booming e-commerce sales and shifting consumer buying patterns.

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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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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Your Supply Chain Probably Has a Data Problem - Start There

The first challenge all shippers, including retailers, manufacturers, and 3PLs. A Blueprint For Supply Chain Transformation The Data First Approach Introduction Over the past few decades, supply chains have evolved from a sub-function.

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.

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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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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.

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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.

Removing the 3 Barriers to Building a Predictive Supply Chain

final delivery, and from raw materials to retail store. INSIGHT PAPER: Toppling 2 Major Misconceptions. in Predictive Logistics ClearMetal Inc. Growing Challenges Shippers, carriers, terminal operators, freight forwarders and 3PLs spend millions of dollars and.

International Expansion in Retail (Infographic)

Supply Chain Game Changer

The growth and success that a Retailer experiences as they expand in their original, domestic market inspires a level of confidence in the company’s ability to expand beyond it’s geographic borders. Retail #Business #Leadership. Subscribe Here! Email Address.

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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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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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?

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.

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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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?

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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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.

Omnichannel Operations are the New Retail Standard

Enterra Insights

The past holiday season solidified the importance of omnichannel operations in the retail sector. Myerson ( @Paul_A_Myerson ), a supply chain instructor at Monmouth University, notes, “An omnichannel retail strategy provides a consistent shopping experience across different channels and devices, requiring your supply chain to offer a smooth, positive experience for customers — no matter where and how they interact with your brand.”[1]

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.

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.

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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Artificial Intelligence and the Future of Retail

Enterra Insights

Retail transactions are some of the oldest human activities. The next arena of exploration for the retail sector is artificial intelligence (AI). Arthur Zaczkiewicz ( @arthurzaczkiew1 ) observes, “Retailing is being forced to change as consumer preferences shift and technologies such as artificial intelligence power a new breed of company that brings to market products, services and an overall shopping experience that shoppers demand and are delighted by.”[1]

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

Innovations in Offline Retail! (Infographic)

Supply Chain Game Changer

There is no escaping the fact that offline retail has changed over the last number of years. It’s a huge area of competition for the traditional brick and mortar retailer but it is important to note that there will always be a place in the world for a brick and mortar store.

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

Cerasis

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.

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.

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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What Is a Retail Warehouse and What are the Benefits?

Veridian Solutions

The idea of a retail warehouse stems from the gradual decline of available warehouse space in the United States. According to the Wall Street Journal , retailers across the country are experiencing a shortage of available warehouse capacity. Retail Warehouse Management