Sustainable ecommerce has moved from being a checkbox approach to a competitive differentiator driving global growth. In today’s economic landscape, most retail and ecommerce companies realize that sustainable practices are not only the right thing to do but essential to their success. But it needs to go beyond the bottom line.
A new global study by IBM found that 61% of CPGs and retailers are purposefully aligning sustainability and operational goals: 77% said sustainability investments will accelerate business growth. Luq Niazi, a global managing partner at IBM Consulting, talks about how companies are allocating resources for sustainability, and how to communicate your efforts to consumers without greenwashing.
Now that technology has advanced further and skills are being acquired to deliver on past ideas and dreams, we are at a potential breakthrough point. We are in an exciting time of discovery, and everyone is racing to be at the forefront. Here’s my advice for retailers from within and outside the metaverse.
Agile and adaptable digital solutions are the new normal for optimizing premium fulfillment center space, said SnapFulfil CEO, Don White – as well as satisfying more demand, staying competitive, plus managing labor efficiency and productivity.
Is blockchain technology the way to fight chargebacks and chargeback fraud for ecommerce retailers? This is a question that is becoming more important as we look for ways to secure ecommerce transactions which continue to grow exponentially each year.
Inventory planning, replenishment and forecasting become major challenges as companies try to deal with demand fluctuation, growing SKU counts and lead time variance from manufacturers. Now blockchain technology enables companies to shift from a reactive approach to a proactive one.
Aside from the uncertainty regarding the longevity of these payment solutions, there is also the question of regional preferences. A solution which may be appropriate for one area of the world might not work at another. Before making a decision, let’s take a look at some of the payment options available at the beginning of 2016.