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Supply Chain
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Walmart said Tuesday it will start farming out its delivery service, using contract workers, autonomous vehicles and other means to transport rival retailersโ products directly to their customersโ homes as fast as just a few hours. The nationโs largest retailer said it will dispatch contract workers from its Spark delivery network, which was launched inโฆ
The coronavirus pandemic has strained supply chains in unprecedented ways and has shed light on what happens to a marketplace when high demand meets limited supply. A recent report stated that customer shopping behavior will be permanently changed (by the pandemic) in ways that will further emphasize digital channels and put customers entirely in controlโฆ
If, like me, youโre of a certain age, youโll be able to remember the first version of the Apple website. It was all text, had an appalling layout, and was light years from todayโs sleek offering. Although that was all of 10 years before the first iPhone appeared so we shouldnโt be too hard onโฆ
The supply shock that started in early 2020 due to COVID-19 and the demand shock that followed exposed vulnerabilities in the supply chains of retailers just about everywhere. The challenge for companies going forward will be to make their supply chains more resilient without weakening their competitiveness. Companies can learn from the supply and demandโฆ
Consumers today are becoming less patient with shipping times by the minute, with many expecting packages to show up at their doorstep at lightning speed. Approximately 56 percent of millennials expect same-day delivery, and 26 percent of U.S. online shoppers abandon their carts when shipping times are too long. To accommodate this consumer shift, two-thirdsโฆ
Autonomous mobile robots (AMRs) and advanced AI technologies are improving warehouse operations by increasing efficiency, productivity, and lowering costs
For most large retailers, their recent bump to sales volume is not working out as expected. Instead of a banner period of profitability, retailers are finding the costs to manage supply chains expensive. Logistics costs have skyrocketed. Ocean freight rates from Asia to the United States are significantly higher than last year, as are truckloadโฆ
Merchandise facility managers are having a hard time catching a break this year, dealing with labor shortages and a dearth of shipping containers and air freight capacity. All of that has caused major inventory backlogs for brick-and-mortar retailers. These ripple effects, of course, stem from the pandemic, which temporarily shut down factories and other productionโฆ
Location intelligence (LI) combines location-based data with business intelligence (BI) to uncover new business opportunities that were previously hidden. Identifying new patterns and establishing critical relationships between trends and demographics create a gold mine of opportunities for chief merchants, supply chain leaders, and strategists who are waiting to explore new avenues. As the demand forโฆ
Online retailers are facing a major crisis. Since COVID-19 hit, reduced headcount and social distancing practices within the walls of warehouses and distribution centers mean retail businesses are struggling to manage the stresses and strains of increased e-commerce demand, which is forecast to continue to soar. Grow Carefully While any increase in sales is goodโฆ