Supply Chain

Inflation is Changing the Way Consumers Spend Money — Here's How Retailers Can Cope
November 22, 2022 at 4:20 pm

With prolonged inflation, hiked interest rates, and an economic downturn, it's no wonder consumers are feeling an increased amount of stress when making purchases or buying services. And with the holiday season upon us, many are rethinking their spending habits even more than they already were. In fact, 60 percent of consumers say their priorities keep changing…

Tackling Retail Turmoil: How to Preserve Profits in Tumultuous Times
November 21, 2022 at 10:16 am

Times are tough for retailers. The convergence of inflation, squeezed margins, continued supply chain challenges, and cybercrime is changing the playing field. The culmination of these factors has created the perfect storm of complete turmoil for retailers. As retailers try to protect their bottom line, many are turning their attention inward to see how they…

Saks OFF 5TH Introduces Guaranteed Delivery Date
November 9, 2022 at 1:16 pm

Saks OFF 5TH is enhancing its online shopping experience with the launch of Guaranteed Delivery Date, a real-time calculated delivery date throughout the shopping journey for thousands of items available on SaksOFF5TH.com. Customers no longer have to wait until their order is shipped to have visibility into arrival date. With Guaranteed Delivery Date, customers will now…

The Future of Retail Logistics Hinges on the Vertical Integration Model
November 8, 2022 at 11:53 am

Adapt or fail. That's a choice retailers are often forced to make given the pace of change in the world today — especially when it comes to logistics. It's more important now than ever for retail leaders to ensure critical aspects of business, like their fulfillment operations and last mile delivery, are streamlined. Fortunately, this…

Automating Your Retail Operation
November 7, 2022 at 11:22 am

Each and every day automation is changing the way in which we operate. Retail distribution and fulfillment centers understand this firsthand, as they're increasingly integrating automated solutions into their day-to-day operations as consumer demand continues to increase. A recent report from Futurum Research interviewed industry leaders and executives to gather their thoughts on the challenges…

Solving the Supply-Demand Puzzle
October 27, 2022 at 11:44 am

What a difference a year or two can make. During 2020 and 2021, retailers struggled to keep up with demand for many items, largely due to supply chain bottlenecks and labor shortages. Shortly after the pandemic started and through last year, a significant reduction of markdowns and in-store promotions took place because retailers could leverage…

How Technology is Solving Many of the Challenges Posed by On-Demand Delivery
October 19, 2022 at 10:58 am

The proliferation of on-demand delivery services has dramatically increased the degree of convenience that customers experience in the purchasing process. For merchants, however, the expectation for on-demand delivery has dramatically increased the complexity of their fulfillment processes. Whether the products being delivered are prescriptions, groceries, pet supplies or pizza, getting them to the designated location…

5 Actionable Insights for E-Commerce Sellers Ahead of the Holiday Season
October 12, 2022 at 2:42 pm

Just like that, the holidays are around the corner. If you're an e-commerce merchant, these next few months should bring plenty of opportunities for you to sell. The bustling shopping season starts on Thanksgiving itself (yes, you better believe it) and lasts until Christmas. E-commerce sales during this period generally have been a boon for…

The Inflation Reduction Act is Coming, Scenario Planning Can Help
October 12, 2022 at 11:28 am

The Inflation Reduction Act (IRA) is coming and so too will changing consumer tastes as tax credits for investments in solar and wind power, electric vehicles, and energy-efficient appliances drive increased purchases in these areas. Auto companies, home improvement brands, and retailers with energy-efficient windows, A/C, furnaces, heat pumps, etc., need to start modeling and…

How to Apply 'The Amazon Effect' to Your E-Commerce Business
October 11, 2022 at 3:52 pm

It's hard to overestimate the reach that Amazon.com has these days. What started as an online book retailer has become more than a marketplace; it's a place for market solutions. Love it or hate it, Amazon is truly a phenomenon of the 21st century. It’s not like Amazon is slowing down, either. Recently, it added same-day…