Many retailers are already preparing for the holiday season, and most definitely should as early as Amazon Prime Day on July 11. In a recent study by Radial, peak season accounts for more than 30% of total yearly sales for retailers, which means even one small slip-up can affect annual revenues. Before retailers go into the holiday season, here are three threats they need to watch for.
To remain competitive, many companies are looking to add distribution centers closer to the customer so they can offer more products quickly. Part of this planning process involves managing multi-DC inventories and fulfilling customer orders. Here are the factors to consider and how they impact your inventory costs.
As Amazon’s multi-fulfillment-center strategy continues to put pressure on multichannel merchants, having an effective inventory management strategy to maximize sales, profits and customer service becomes that much more crucial. Here are 10 points to consider as you develop and refine your inventory strategy.
In the distribution center, walking from one location to the next accounts for 60% of a picker’s time. Reducing walking time, then, is all but guaranteed. Here are ways to know which method is efficient for your business.
Retail supply chains are being upended by dynamic changes in the marketplace and among consumers. Here are 3 key trends to watch for in supply chains for 2017 that will continue to heavily impact freight transportation and logistics in retail and ecommerce.
Intelligent omnichannel order allocation allows you to make smarter order fulfillment decisions. With real-time inventory visibility across warehouses, stores and 3PLs, you can dynamically set up and apply business rules to automate processes, reduce costs, speed delivery or combine a number of factors to profitably meet customer expectations.
How do your merchant operations stack up across the distribution center, inventory management and the contact center? This exclusive benchmarking project and report from Multichannel Merchant and F. Curtis Barry & Co. will help you gauge your success across all 3 areas. If you’re a senior operations executive, be part of the benchmarking discussion and hear about the results at Operations Summit 2017, March 27-29 in Pittsburgh.
Peak season demand is projected to grow, but unless you’re prepared to handle the influx it could be a tough six weeks. Here are 3 tips to help you succeed.
Intelligent sourcing is one way retailers can meet the increasing expectations of today’s always-on consumer, while keeping pace and staying competitive. Find out how trading partnerships and sales performance can be continuously re-evaluated and improved to achieve the greatest efficiency and the best price points for retailers, suppliers and customers.
SellerActive, cloud-based inventory management and repricing solution for online sellers, has announced a partnership with eBay to provide online sellers an opportunity to expand inventory exposure. See what this means for eBay sellers.