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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Retail supply chain management and the rise of fast fashion

The 21st Century Supply Chain

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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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?

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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How to Achieve Six-Figure Benefits from Digitizing Paper-Based Supply Chain Operations

retailer like Art.com, creating a proprietary tool would. © 2017 Sunil Koul. All rights reserved. Six-figure benefits from digitizing supply chain operations | 0. How to achieve. six-figure benefits from. digitizing paper-based. supply chain operations. By Sunil Koul. The traditional.

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.

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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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.

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.

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

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".

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.

Is The Retail Industry Melting Down?

Supply Chain Game Changer

It doesn’t take a genius to see that the retail industry has changed over the past decade and a half. Retailers have increasingly been forced to sink or swim based not on marketing or product differentiation – as in the past – but on the success of their Supply Chains and eCommerce operations.

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 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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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.

The Christmas Retail Checklist – Get Your Store Prepared! (Infographic)

Supply Chain Game Changer

Check out Innovations in Offline Retail! Now that 2018’s record-breaking Black Friday is behind us, retailers small and large must place their focus over the coming weeks on preparing for the Holiday shopping season. Check out The Hidden Complexity in the Retail Supply Chain!

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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The New Retail Reality:              E-commerce Series (Part 1)

C3 Solutions

How does the 'Amazon effect' play out for traditional 'bricks and mortar' retailers?

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Digital Inventory Management Key Battleground in Transformation of Brick-and-Mortar Retail

Cerasis

Although e-commerce represents 10 percent of total retail sales, it has had an interesting effect. It catalyzed brick-and-mortar retailers to offer online shopping opportunities, which require much more than manual inventory management practices.

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.

Transforming Brands for Success in the World of New Retail

Supply Chain Network

For brands to succeed in the New Retail world they must seize control of their own destiny. New solutions such as Google Shopping Actions are consolidating the front end of this process by providing unified shopping cart functionality across multiple brands and retailers.

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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Seven Recent Trends in Retail Demand Forecasting and Replenishment

ToolsGroup

Most retailers are facing a shrinking operating “margin for error”. In a report entitled Market Guide for Retail Forecasting and Replenishment Solutions , Gartner analyst Mike Griswold spotlights seven recent trends in this area.

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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5 huge retail trends you need to know

BluJay Solutions

Aussie retailers are facing steep competition as global retailers tighten their grip on the local market. BluJay’s Paul Soong discusses processes, technology and supply chain trends that are altering the retail business model.

Retail’s Not Dead: Changing the Conversation about the Evolving Retail Experience

Supply Chain Nation

These days, it seems like almost every time a retail chain shuts underperforming stores or has a leadership change, many in the news media and industry press rush to ask the same question: Is this another sign of the “Retail Apocalypse?”. But retailers and industry experts know that this rush to print gloom-and-doom headlines often ignores other factors, such as debt and customer experience. Or is there a better name for what we’re seeing in retail today?

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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Using Data Analytics and Blockchain in Retail to Sift Through Needs Faster

Cerasis

Data analytics can be applied to virtually any supply chain process, and analytics hold great value in managing retail supply chains. Although data analytics help retailers make informed decisions, the potential of blockchain is worth considering as well.

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Retail: Delivering on Promises

Supply Chain Link

Although inventory levels can cause many unpredictable challenges for retailers, it is also the one thing that connects them to their customers. Therefore, retailers have to be agile and. Distribution Supply Chain Transportation 3pl Cross-Border Dedicated Fleets Retail Warehousing

The Hidden Complexity in the Retail Supply Chain!

Supply Chain Game Changer

Check out Introducing Lean In Retail … Start in the Backroom! As consumers the complexity in the retail supply chain is usually oblivious to us. There is a tremendous amount of complexity which Retailers must navigate to provide this experience. The Retail Calendar.

Is Black Friday Already Over for Some Retailers?

Supply Chain Network

JDA’s 2015 Consumer Survey Reveals 50% Of Shoppers Who Experienced A Previous Issue With A Retailer Have No Plans To Return For Black Friday Or Cyber Monday Deals, And No Deal Will Change Their Minds. Retailers who fail to meet customer needs lose out during peak shopping seasons.

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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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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

The Fascinating World of Grocery Retail Supply Chains

All Things Supply Chain

I’ve always been fascinated with grocery retail supply chains. I spent 4 years working for Ahold USA, the U.S. corporate parent of the Stop & Shop and Giant-Landover chains, and… Supply Chain Management food industry grocery supply chain grocery trade

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Retail Supply Chain Resilience

Supply Chain Link

This is most apparent in the retail industry where consumers want the latest trends instantly, and to meet that demand, shippers look for opportunities to shorten lead times and better manage their overall inventory.