Smart warehouse technology powered by 5G, combined with the sensor- and data-driven Internet of Things (IoT), will be as transformative for logistics and supply chain as the Ford assembly line in 1913, attendees were told during a presentation at Ecommerce Operations Summit 2021 in Nashville.
Mobile is the way customers are choosing to shop this holiday season. In fact, 59% of consumers use their mobile device most or all of the time compared to desktop, and almost half of them make purchases on them. Here are some more key stats about how mobile is playing a major role in purchases this holiday season.
Holiday spending is expected to exceed $1.10 trillion through January 2019. This is an increase of 5% over last year. With online sales predicted to jump 17% to 22% over 2017, it’s time for retailers to plan for ways to gain a slice of the $7 billion Cyber Monday pie. Here is how retailers can use the mobile channel to meet customer expectations this holiday season.