Supply Chain
In this episode of Retail Right Now, Total Retail's Marie Albiges and Devon Russell discuss a research report recently published by Total Retail and Radial titled, โThe Retailer's Guide to Optimizing Supply Chain Operations.โ The global supply chain continues to be disrupted, posing challenges for retailers and brands as they look to get products toโฆ
Managing inventory well is one of the most important ways to ensure the success of your business. Withโฏsupply chain disruptionsโฏhappening across every industry due to the pandemic, effectiveโฏinventory managementโฏis more important than ever. Purchase ordersโฏare among the most powerful tools for masteringโฏinventory management,โฏtracking inventory,โฏand maintaining strongโฏretailer-vendor relationships. Aโฏpurchase orderโฏis a legally binding document that outlinesโฆ
As the U.S. economy rebounds, inflation has become a significant concern for consumers as prices have soared across many sectors. According to the Bureau of Labor Statistics, inflation rose 8.5 percent over the last 12 months, with fuel, shelter and food driving most price increases. Energy costs alone rose 32 percent in the previous 12โฆ
While retailers and logistics organizations have been grappling with home delivery challenges for years, the ripple effect of the pandemic-driven global supply chain disruptions, coupled with the ever-widening appeal of e-commerce, has created a โmake-or-breakโ situation for e-commerce retailers. Indeed, a new study by Descartes and SAPIO Research of 8,000 North American and European consumersโฆ
In this episode of Retail Right Now, Total Retail's Joe Keenan and Devon Russell discuss an article recently published by Total Retail titled, โTo Build Customer Loyalty, Focus on Getting Back to the Basics of Last Mile Delivery,โ authored by Lukas Kinigadner, CEO and co-founder of Anyline. Getting the last-mile delivery process right is critical toโฆ
A global influx of e-commerce sales, mixed with the hyperfocus on getting orders faster to consumers spotlights a growing problem: returns. Online returns have always been a challenge, but with the expectation that they will exceed $1T by 2024, retailers need more than new policies, they need solutions. The rapid evolution of the online shoppingโฆ
Shipping speeds matter. As more and more people turn to online shopping instead of taking a trip to the store, consumer expectations are changing. With e-commerce marketplaces such as Amazon.com offering same-day and one-day shipping options, consumers are shifting their expectations to follow suit. According to a 2021 survey conducted by the Retail Industry Leadersโฆ
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