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Dynamic Fulfillment 101: Why and How to Optimize Your Retail Fulfillment Process

ToolsGroup

Retailers have a lot to juggle, looking to combine cost-efficiency with elevated consumer satisfaction so they can remain competitive in the current retail marketplace. The good news is retail fulfillment offers enormous opportunities for improved margins, greater efficiency, and happier customers. So what’s the solution?

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Editor’s Choice: 8 Supply Chain Planning Challenges Retailers Will Face In 2022 And Tips To Overcome Them

Logistics Viewpoints

Here are the challenges retailers may face in their supply chain operations in 2022 and some tips for overcoming them. Changing trends in lifestyle and impacts on fashion retail. Many of us tried at least once to follow along with the most-watched home cardio workout video on Youtube or went for their first run around the neighborhood.

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The New Normal: Predictions for Retail in 2021

ToolsGroup

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. Check out the video below. Or listen and follow on Spotify. Transcript.

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Amazon Prime’s Price Increase: What it Means for Retail (And Why I’m Rethinking My Subscription)

ToolsGroup

With retailers (and streamers) alike finding new ways to compete, that $20 increase could have a bigger impact than Amazon executives would like to believe – and open the door for competitors. ” Sourcing and retaining talent has also led to offering its employees increased pay. Why Is Amazon Prime Raising Prices for Membership?

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Holiday Shopping 2021: 6 Retailer Lessons from Black Friday and Cyber Monday (+ 4 Expert Insights)

ToolsGroup

For the largest shopping week of the year, this year’s Black Friday provides insights retailers can’t ignore. Cyber Monday revenue – a reliable ecommerce performer year-over-year – showed mixed results pending the source, with an overall promising outlook. And what does it mean for retailers going forward?

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Cognitive Technologies in the Retail Space

Enterra Insights

Although every economic sector undergoes constant change, the retail sector has probably seen more changes in a shorter period of time than most other sectors. With all of the changes in the retail environment and the continued shift away from conventional technologies, cognitive computing in retail is becoming increasingly important.”[1]

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6 Customer Service Examples To Maximize Customer Loyalty

ToolsGroup

There are lots of reasons for retailers to love loyalty programs. The best loyalty programs add significant value for customers and retailers alike, as revealed in this video. Lush: A Retailer with Customer Service that Builds a Relationship with Buyers. Image source: National Retail Association.