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.
Kai Timmermann says the FMC’s “relatively standardized narrow dataset will solve a large portion of operational issues” in global shipping.
With e-commerce returns growing, retailers have plenty of opportunity to make shoppers loyal customers.
RH confirms sharp drop in demand since Russia-Ukraine war and sees no supply chain relief.
AI and warehouse robotic companies Berkshire Grey and Swisslog join forces to accelerate adoption of warehouse robotic solutions.
Long known as an aerospace and defense technology leader, multinational conglomerate Honeywell sees opportunity in retail spaces.
Supply chain visibility company FourKites and post-purchase platform Narvar are teaming up for a new retail supply chain visibility solution.
“For years, we have talked about the lack of available data to help with port operations. Ports are basically a black box when it comes to available information,” says the National Retail Federation’s vice president of supply chain and customs policy, regarding issues with global supply chains.
The Industrial Internet of Things is quickening the pace of innovation within the retail supply chain.
While much of the focus in 2021 was on the supply chain, the toll it took on e-commerce sellers was dramatic.
According to Deloitte’s 2022 Retail Industry Outlook, supply chain automation and voice-enabled commerce are top of mind for retailers.
