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Omnichannel Retailers Leverage Optimization for Order-Promising

Logistics Viewpoints

This meant that retailers were not maximizing their profitability. An omnichannel order management system helps companies meet growing customer expectations. An omnichannel order management system allows an organization to execute order fulfillment across all channels and fulfillment flow paths. That is changing.

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Understanding the Profitability of Omnichannel Retail is a Problem

Logistics Viewpoints

As ecommerce grew at double digit rates, while in store sales grew at less than the rate of inflation, retailers were looking for a way to turn their stores into a competitive weapon. As a result of this, the market for omnichannel order management (OOM) systems grew briskly. Then came Covid. Consumers did not want to go into stores.

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Retail Returns: The Key to Driving Business Growth

ToolsGroup

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Yet, in today’s omnichannel world, retail returns are key to driving business growth, thanks to their ability to enhance the customer experience, minimize losses, and preserve long-term revenue.

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The Retail Sector is Still Finding Its Way with Artificial Intelligence

Enterra Insights

The retail sector continues to endure tectonic shifts as business landscapes and consumer behaviors change. First, there was the so-called “retail apocalypse,” then came the pandemic, which was followed by inventory challenges, inflation, and an economic slowdown. Changing consumer behavior is hard to gauge.

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Retailers Say Technology Is a Key Enabler of Omni-Channel Success

BlueYonder

The shift to omni-channel selling has created many challenges for retailers across their order management and fulfillment operations. How are retailers addressing these challenges? To answer that question, Blue Yonder recently commissioned Gatepoint Research to conduct a survey 1 of senior retail decision-makers.

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Key Insights from NRF 2024: Navigating the Future of Retail

ToolsGroup

The curtains have closed on the National Retail Federation (NRF) 2024 Retail’s Big Show, and this year’s event has been extraordinary, with a record-breaking attendance of nearly 40,000 participants from around the globe. Inflation, another hurdle on the retail landscape, prompted a shift in focus towards long-term business growth.

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ToolsGroup Announces Latest Enhancements to JustEnough® Retail Planning and Execution Suite

ToolsGroup

retailers increase efficiency with even more powerful processing and time-saving automation. As a longtime partner, we have seen firsthand why the JustEnough solution is a leader in retail planning and execution worldwide,” said Greg Marmulak, Founder and Managing Partner, Inventory Worx. With version 2023.3,