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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

We will turn over each stone and consider how innovative technology will shape the future of shipping and logistics. So, let us reflect on the peak shipping season trends we saw at the close of 2018 and how those trends will affect the industry now and throughout 2019. Actual costs could quickly rise above 33 percent.

Trends 152
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The New Definition of Supply Chain Agility and Resilience in an Unpredictable World

Logistics Viewpoints

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation.

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Shipping Containers and Supply Chain Snarls: Is There a Way Out?

Enterra Insights

Much of the finger-pointing involved the movement of shipping containers into and out of port facilities. For the supply chain to work smoothly, a complex and highly choreographed dance, involving both full and empty shipping containers, must be performed. More than 80 ships stretched to the distance — a new record. ”[1].

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This Week in Logistics New (May 6 – 12)

Logistics Viewpoints

customers $10 to pick up a purchase rather than have it shipped to a home address, as the e-commerce giant joins other retailers in racing to slash costs for home delivery and returns amid slack consumer demand. The inspections are being carried out by the Texas Department of Public Safety (DPS).

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Why is o9 Solutions Growing So Fast?

Logistics Viewpoints

This January the company reported that its annual recurring revenue grew at over 84% year-over-year. If you take a big consumer goods company, you don’t need to just model products and customers,” o9’s CEO explained. Once the data becomes available, “new types of analytics and algorithms could be possible.

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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. Digital transportation management solutions can help by connecting the entire shipping network, including customers and carriers, in real time. While driving a projected $14.1