How Retailers Can Adapt to the New Face of Shipping
While these capabilities are certainly in their infancy, brick-and-mortar retailers can use predictive data to improve forecasting and warehouse efficiencies. Big-box retailers are already using adaptive stocking to tailor the items they carry based on local and regional demographics. As more retailers ship directly from stores, they'll gain more flexibility in the amount and types of inventory they stock and expand their network of delivery hubs to ship even faster in local areas.
Over the next year, retailers will implement more customer-centric logistic and fulfillment strategies to drive sales and increase shopper loyalty. It's important for retailers to understand how each offering will directly impact their cost structure and business model. By taking a calculated approach to fulfillment and logistics, retailers can continue to grow and thrive in today's hypercompetitive market.
Maria Haggerty is CEO and one of the original founders of Dotcom Distribution, a premier provider of B2C and B2B fulfillment and distribution services. She received her Bachelor of Business Administration from University of Houston, C.T. Bauer College of Business with a concentration in Accounting. Maria plays an integral role in developing and defining all aspects of the business, including sales and marketing, operations, finance and IT. As CEO, she is responsible for providing strategic leadership, establishing long range goals, and developing strategies for the senior leadership team. Maria has developed the systemic and procedural infrastructure necessary to provide timely and accurate analysis of budgets, financial reports and financial trends in order to assist the Board, senior executives and clients in performing their responsibilities while achieving favorable results. She works closely with the leadership team to enhance, develop, and enforce procedures that will improve the overall operation and effectiveness of the corporation. During her tenure at the Dotcom, Maria has developed an environment of continual improvement by supporting the Senior Leadership Team and their department managers on continuous process, space labor, automation, and financial best practices. Prior to founding Dotcom, Maria was a CPA at Arthur Andersen and was later the CFO of GoodTimes Home Video where she helped grow the company’s distribution business. When Maria is not in the office, she enjoys traveling around the world and practicing her photography skills.