Lacklustre training leaves retail staff underprepared to perform during the pandemic, research from Axonify reveals

Manufacturing & Logistics IT

A lack of training has left frontline retail associates underprepared to perform during the pandemic, research from the latest report from Axonify, a modern training and communication solution for frontline associates, has revealed

Retail Warehouse Automation Is Finally Top-Priority

Cerasis

Omnichannel retail is the new “Gold Standard” for the industry. The post Retail Warehouse Automation Is Finally Top-Priority appeared first on Transportation Management Company | Cerasis. Technology Warehouse Retail Warehouse AutomationOn the surface, an omnichannel approach gives consumers the ability to blend their online and physical experience into one. For supply chains, the impact of omnichannel is more significant.

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What Happens to Retail in Fall 2020?

Logility

As retail companies enter the traditional “back-to-school” selling season, we must acknowledge there is nothing traditional about BTS 2020. Retail experts tend to agree that foot traffic in malls will continue to be a challenge throughout Fall 2020.

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Omnichannel Retail Strategy: Not just a Buzzword, But a Business Model | TALKING FREIGHT VIDEO

Cerasis

[link] An omnichannel retail strategy is the new norm in today’s supply chains. The post Omnichannel Retail Strategy: Not just a Buzzword, But a Business Model | TALKING FREIGHT VIDEO appeared first on Transportation Management Company | Cerasis. Omnichannel Retail Supply Chain Videos

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). Focusing on this information once per month during the S&OP meeting is too late for all business units to align. Companies should have seamless integration between order entry, inventory management, forecasting and supply planning models and purchase order status to sense risk, pull levers to mitigate potential risk, and communicate within and outside the organization. This is especially important for new product releases, in store programs or promotions (sales, end caps, PDQ. etc) or online promotions (company run or 3rd party). Depending on total supply chain lead time, not having real time visibility and analysis of this information can significantly affect sales and the bottom line.

Covid-19 Retail: Cash, Product, and People

Logility

The retail industry, like many others, has been upended by Covid-19. The focus for all fashion retailers is inventory. Below we will examine inventory + a new retail outlook for 2020. This retailer stands to lose -$98M or about -20% of their total revenue for the year. In this strategy, retailers are trying to turn all inventory into cash – there is a value to every piece of merchandise. Retail Optimization Uncategorized Coronavirus

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Who's Really Running Your Retail Operation?

C3 Solutions

This article is part of our Retail Program. Designed specifically to support global leaders by aiding in creating a strategic plan to help them win the retail game. E-commerce is a juggernaut powered by Amazon's dominance and it's changed just about every aspect of retail operations.

Retail Compliance Programs: How to Exceed Retailer Expectations

Talking Logistics

The retail industry is evolving and adapting to new consumer demands which is shifting the supply chain landscape. Retailers expect more supply chain visibility, shorter delivery times, and real-time connectivity from shippers and carriers. Compliance programs vary by retailer but the intent is consistent across the industry — have the right product in the right. Read more Retail Compliance Programs: How to Exceed Retailer Expectations.

The Retail Supply Chain Revolution

Logistics Viewpoints

There is a revolution in retail supply chains. The post The Retail Supply Chain Revolution appeared first on Logistics Viewpoints. Retail Amazon retail supply chainThe rapid growth in ecommerce is driving technological innovation and experimentation at an uprecedented rate.

Pivot from B2B to B2C with Retail-Optimized Packaging

CHAINalytics

For those of us in the industry, we knew … The post Pivot from B2B to B2C with Retail-Optimized Packaging appeared first on Chainalytics. Supply chains have been front and center since the start of COVID-19.

How digitalization ensures survival in physical retail

DELMIA 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. But new shopping experiences offered by online retail are increasingly challenging traditional concepts, such as those of customer and brand loyalty. Customer behavior is changing rapidly.

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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. By leveraging well-implemented bricks-and-clicks business models, these larger retailers can maximize their reach. General News Supply chain management fast fashion retail supply chain

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The Retail Apocalypse Deepens

Enterra Insights

Years before the novel coronavirus pandemic shut down economies, analysts were writing about the retail apocalypse and what it would take for brick-and-mortar retailers to survive. Analysts generally cite three contributing factors for the retail apocalypse: overbuilding, too much debt, and e-commerce (aka the Amazon Effect). ”[2] The simple answer is: No retail will emerge intact. Every retailer has suffered a hit during the pandemic.

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4 Ways to Prepare Your Retail Supply Chain for an Unpredictable Holiday Season

Tecsys

Retailers must deploy creative tactics to remain competitive, build customer loyalty and get a piece of the holiday pie. We’re sharing some strategies to help prepare your retail business for an unpredictable season.

Omnichannel Imperative for Retail Supply Chain

Vanguard Software

This leaves retailers to reengineer their supply chains for the omnichannel imperative. Retail Supply ChainThe pandemic has accelerated the shift towards e-commerce.

Retail Category Management

SupplyPike

How do retailers manage their categories? Walmart and other retailers spend a great deal of money on hiring category managers whose job it is to manage products and their categories. Of course, Walmart and other retailers segment their products into subcategories and finelines so as to better merchandise items. retailer and supplier). Retail category management is a continual process. Retail + Analytics categories category management four ps retail analytics

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

Cerasis

Many retailers have implemented buy online, pick up in store (BOPIS) strategies without realizing it. The post As Retailers Eye Final Mile Strategies, They Launch BOPIS to Neutralize Costs appeared first on Transportation Management Company | Cerasis. Final Mile Omnichannel Retail final mile strategiesAlthough 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.

Retail Supply Chains in the COVID-19 Era

Shipchain

Retail supply chains have been put through the wringer. During this time of uncertainty, not all retailers will survive. Right now, the less human contact, the better, and those retailers that can make that a reality will have a competitive advantage.

Retail Store Location Planning ? Creating Balance, Driving Profit

Logility

The fundamental challenge in retail is one of balance. The sheer complexity of modern omni-channel retailing makes this difficult. Given how critical this balance is, I am amazed when I hear many retailers rely on a combination of spreadsheets and assumptions to drive the plan. Retail covers a broad range of products, go-to-market methods and consumer experiences. While this may be true, “mix” remains a thorny problem for most retailers.

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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. Digital Supply Chain Retail consumer-driven digital supply chain retail

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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

Why Automation in Retail Supply Chains Requires Improving Dock Scheduling

C3 Solutions

Retail is continuously looking for a bigger, better way to move freight, please more customers, avoid losses, and reduce the risk of disruption. Automation in the retail supply chain unlocks this capability, but it comes with a catch.

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. Amazon offers breadth, but brick and mortars offers “now”, and a tactile consumer shopping experience is still a retailer’s greatest asset. The ability to serve this demand is foundational to the success or failure of a retailer, but the challenge doesn’t hinge on the strategy leadership sets.

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The Need for AI in the Retail Supply Chain

Vanguard Software

The swings in the market from the pandemic has left many retail supply chains vulnerable. AI enables retailer to calculate major risks and plan for the unexpected. Retail

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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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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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. Customer Centricity Digital Supply Chain Retail Supply Chain Control Towers The Network Effect control tower logistics retail supply chain

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Retail

PLS Logistics

The retail sector is rapidly evolving, and we can provide your company with the needed capacity, efficient transportation strategy, and service. Whether you require partial load or LTL shipping. industries

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White Paper: Retail Industry Trends and Challenges

Bristlecone

Retail is an ever-changing industry, and the players are always facing new challenges. Customer retention driven by declining brand loyalty among consumers and increasing global market competition pose major challenges for retailers today. White Papers Digital Transformation Retail

Retailers trial drone deliveries

EFT

Tesco, the UK’s largest retailer, announced a home delivery trial for grocery items in Ireland, partnering with Manna, which already has a license to operate there. Walmart in the USA and Tesco in the UK are both trialling drone deliveries, reports Logistics Viewpoint.

The Future of Retail Technology

Repl Group

Retail history is littered with has-been megastars. Keeping your ear to the ground and staying on the front foot of retail technology is key to survival. We share our views on the future of retail tech. How Changing Consumer Expectations Have Altered Retail. Rewind to 1850 and local shops and markets were the only retail option providing essential goods to people who lived nearby. As mass market retail took hold, shopping options expanded.

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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Using AI & ML in Retail Supply Chain Planning

Logistics Viewpoints

Artificial Intelligence (AI) and Machine Learning (ML) are of the hot topics being discussed in the retail world. Across the globe, whether they are grocery, mass merchant, or fashion, retailers are looking for ways to make faster and smarter decisions using this technology.