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Retail Returns: The Key to Driving Business Growth

ToolsGroup

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 83% of consumers with a household income of over $100,000 report that returns are important.

Retail 296
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Peak Shipping Season: A Review of Trends from the 2018 Holiday Peak Season

GlobalTranz

According to Steve Banker via Forbes , Amazon’s purchase of Whole Foods positioned the company to corner the omnichannel area , and Amazon went a step further. This the result of more purchases completed online following an in-store promotion, but it proves the value of the brick-and-mortar location in pushing e-commerce sales higher.

Trends 152
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June 2024 Freight Market Update

Stord

In the first half of the year, we experienced historically low rates due to excess capacity and flat freight volumes. Top Trends Capacity is Plentiful Covering freight is not difficult and negotiating power is still in the hands of the Shipper. at the beginning of May, it’s a metric to watch closely as we progress through the summer.

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Mastering Profitable Omni-Channel Logistics, Despite Disruptions

Logistics Viewpoints

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. Terence holds an MBA from the University of Texas, Austin and an Electrical Engineering degree from MIT. The New Imperative: Visibility, Followed by a Synchronized Response.

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New Year, New Horizons: Transportation Industry Gets Ready to Take On 2023

Intelligent Audit

As FreightWaves reports, “UPS has informed its managers not to schedule any paid time off during July and August in case parcels are required to be moved.”. To help shippers save on costs in an increasingly expensive reverse logistics marketplace, FedEx has announced plans to launch a consolidated returns service. 15 press release.

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How Returns Management Works: Process, Tips, & Best Practices

Unleashed

If you’re selling products, your customers should feel confident that they can negotiate with you in the event their purchased goods arrive damaged, incorrect, or are no longer required. One paper from the University of Texas at Arlington suggests that lenience may yield better results than strictness.

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The Impact of Collaborative TMS on Supply Chains Bottom Line

Turvo

Higher customer satisfaction leads to repeat purchases. A Collaborative TMS is a vital system to plan for the longer term and send a large volume of goods at nominal costs. Turvo’s customers include some of the world’s most considerable Fortune 500 logistics service providers, shippers, and freight brokers.