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Walmart Easing Delivery Requirements for Suppliers

Walmart said this week that it's planning on easing its requirements for in-full and on-time shipments from suppliers. According to The Wall Street Journal, Walmart said that it wants its suppliers to deliver shipments on-time 90 percent of the time and in-full 95 percent of the time, down from the 98 percent threshold the company…

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Walmart Easing Delivery Requirements for Suppliers
February 22, 2024 at 7:30 pm

Walmart said this week that it's planning on easing its requirements for in-full and on-time shipments from suppliers. According to The Wall Street Journal, Walmart said that it wants its suppliers to deliver shipments on-time 90 percent of the time and in-full 95 percent of the time, down from the 98 percent threshold the company…

Retail Has Been Slow to Embrace AI. Here’s Why.
February 22, 2024 at 6:54 pm

Artificial intelligence (AI) may be the next big thing, yet most retailers wait on the sidelines, watching what other businesses reap from this new digital technology. It’s not that they don’t want to pursue this new technology. Working in low-margin businesses, retailers understand the value of a technology that can promote significant organizational change and…

Employees Prefer Gift Cards for Incentives
February 22, 2024 at 6:36 pm

With the best talent in high demand, businesses are turning to creative solutions to hire and retain productive employees. As these businesses look for innovative incentives, their employees are pointing to a simple yet highly effective solution: gift cards. There's a reason why gift cards are a mainstay in our wallets and the preferred gift…

Making the Most of In-Store Mobile Technology
February 22, 2024 at 6:19 pm

Nearly every retailer is heavily investing in improving their online and in-store channels. However, not every retailer is considering the scenarios in which online channels are being used in a retail store. In fact, nearly half (46 percent) of global in-store shoppers reported using a smartphone to enhance their most recent shopping journey. Despite this…

Demand Planning is Key for E-Commerce Success
February 22, 2024 at 4:11 pm

Demand planning uses available data and analytics into past market behavior in and around a business to predict the future. Without these insights, business owners could make inventory misreads, marketing mistakes, shipping blunders, and hiring miscues, all eating into profit margins. By assessing your current business performance and past order histories, you can anticipate the…