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Supply Chain
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Supply chain challenges are nothing new for businesses of all kinds, especially retailers. Rising gas prices have added fuel to that fire, increasing the price of getting goods to their destination. One emerging solution is hyperlocal batching and fulfillment, which reduces the distance goods must travel and the total delivery miles driven. Ultimately, this strategyโฆ
Endless articles and news coverage about the supply chain have surfaced over the last six months, so what's left to be said about the topic? Actually, a lot. The real issue with the supply chain begins at the source and, sourcing, at most companies, rarely has a seat at the proverbial table. Much like theโฆ
While only a few months ago U.S. retailers were scrambling to fill their shelves due to supply chain delays, many are now facing inventory surpluses and having to discount unsold goods, according to a Reuters report. Average retail inventories have been rising quickly, too. The Reuters article cited research from Citi that found 11 ofโฆ
Buying goods online is now easier than ever before โ but customers expect a smooth shopping experience at every step. The e-commerce industry is growing at a rate of about 20 percent per year. In fact, itโs estimated that this year alone, it will account for $1.0 trillion in the United States. But how oftenโฆ
As last-mile delivery services have expanded, so too have the demands and priorities of consumers. In a recent consumer survey, we found that 76 percent of respondents said that an unacceptable delivery experience would strongly or somewhat affect their decision to order from that company again. Poor experiences can cause shoppers to choose another onlineโฆ
In episode 350 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Kadian Langlais, chief marketing officer of Renfro Brands, a leading designer, manufacturer and marketer of quality socks and legwear products. Langlais discusses the 100-year-old brand (1:02), her professional background in retail (3:12), and the impact that inflation and supply chain disruptions are having onโฆ
How Integrated Technology Can Deliver for Retailers
Side hustles and e-commerce have sparked a surge in drop-shipping. One report even predicts the market size value to grow to $476.1 billion by 2026. However, while drop-shipping continues to make its way into the mainstream, most people still have no idea what it is or how to get started. So, What is Drop-Shipping? Inโฆ
Itโs no secret that large e-commerce companies like Amazon.com thrived over the past two years. In a time of high demand and short supply, Amazon was able to provide what people wanted, when they wanted it. The secret is in how it was able to do that when supply chain problems were hitting all companies.โฆ
Ultrafast delivery โ same-day or next-day โ is now the new normal. Amazon.com and other leading retailers have reset customer expectations with shipping options that the rest of the industry must match to stay competitive. The good news for omnichannel retailers is that their brick-and-mortar outlets can help them win the last-mile delivery race. Byโฆ