Archive for March 2019
How to Create Successful Returns Management Practices & Policies
Returns are a vital part of the modern supply chain. According to Shopify, e-commerce returns have risen 94.8 percent over the last five years, and returns are expected to cost more than $550 billion per year by 2020. Retailers around the globe are working to create successful returns management practices to meet the demands of…
Read MoreOmnichannel Counterpoint: Anti-Omnichannel Supply Chain Strategies
According to Fred de Gombert via Forbes, omnichannel is expected to continue affecting global supply chains and driving change throughout the industry. As consumers have grown accustomed to the instant gratification possible through smartphones, omnichannel shopping has become the standard for consumers. Omnichannel gives shoppers access to more information to make informed purchasing decisions, and…
Read More8 Things to Not Miss at ProMat 2019
ProMat 2019 is set to take place April 8-11, 2019 at McCormick Place, Chicago. The four-day conference brings together 950 exhibitors and the thousands of supply chain and manufacturing software vendors. It’s an excellent opportunity to connect with other businesses and learn how you can take your supply chain to the next level. The conference…
Read MoreThe Role of Data Inaccuracy in Poor Omnichannel Experiences
Poor data quality and accuracy are two of the most significant risks to omnichannel experiences. Applying the wrong data can result in poor omnichannel experiences and tarnish your brand. Supply chain leaders need to understand this fact and how to avoid risk. Data Inaccuracy Contributes to Poor Omnichannel Experiences According to a recent survey of…
Read MoreWhat Does Reinventing Retail in an Omnichannel World Mean?
Retail is dying. Or….retail is thriving. Those opposing thoughts exist in every aspect of today’s evolving supply chains; although, the conversation changes based on who is talking, says Trevor Sumner via Forbes. Even when the retail wars seem to have claimed their last victim, another store fails. As reported by CNN, Payless is the latest…
Read MoreWhy Reverse Logistics Are Crucial to Customer Experiences
Reverse logistics refer to the complex processes of returning products and purchases from consumers to retailers and third-party liquidators. Reverse logistics is the opposite of typical order fulfillment, but reverse logistics usually includes increased costs for retailers. In today’s world, consumers expect free return shipping, and failure to offer a positive, easy returns experience can…
Read MoreLessons Learned From Post Peak Returns Season and What You Need to Do Today
Returns in omnichannel retail represent a significant risk in the supply chain. While retailers understand the full potential of the peak shopping season, the topic of reverse logistics and returns peak season is often an afterthought. As explained by Daniela Forte of Multichannel Merchant, retailers lose more than $350 billion in sales following the peak…
Read More[WHITE PAPER] A Guide to Warehouse Management System Implementation
There are many adages about what can be accomplished in a day, but you will not find any about WMS implementations. Warehouse Management System implementations are increasingly complex activities, and supply chain managers will incur increased costs and reduced ROI without knowing how to handle the process. In this white paper from Veridian, you’ll learn:…
Read MoreHow to Save Money Through WMS Automation
Supply chain leaders are under increasing pressure to improve productivity and efficiency in the warehouse. Demands from labor resources for better pay, better treatment, and more opportunity have never been higher. In the goal of achieving warehouse cost savings, WMS automation must be a top priority for your organization. However, supply chain leaders need to…
Read More5 Best Practices for Intelligent Fulfillment and Its Benefits
Supply chains are changing in response to the growth of e-commerce and the demand for omnichannel customer experiences. Companies across the globe are looking for ways to stay competitive, including using a modern day warehouse management system, to achieve intelligent fulfillment. However, implementing a new WMS is not enough to succeed. Supply chain leaders should…
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