Although retailers may be past the height of the COVID-19 pandemic, other headwinds persist, reminding storefronts the importance of having a resilient supply chain, according to National Retail Federation’s Jon Gold.
Retailers have had to get creative to deal with too much inventory, but from moving inventory into stores to better inventory management, there are steps that can be taken.
Target has unveiled a new store model geared toward omnichannel fulfillment that soon will become the standard design.
Carriers and shippers ignoring the middle mile could be leaving money on the table.
Retailers are grappling with a “sonic boom of inventory” — and they have no idea what this year’s Christmas shopping season will look like.
As we look to the future of the global supply chain, all businesses and areas of business – from inventory to distribution, suppliers to retailers – need to plan for one thing: uncertainty.
Experts expected a closing of the gap between record-high auction and retail used truck prices. Now both are in retreat.
Retailers need to rethink last-mile delivery, moving away from the idea of just delivering goods and toward the concept of a customer experience.
Major retailers like Target, Walmart and Amazon are suddenly packed with inventories. It’s a whiplash that’s spooking investors.
Supply chains can be a differentiator, and even a moneymaker, for retailers willing to embrace change and encourage risk.
