article thumbnail

Delivering on promise and purpose in the retail supply chain

IBM Supply Chain Blog

The good news is that sustainability and profitability go hand-in-hand, especially in the retail supply chain. Promises Ultimately, every consumer wants to know that their chosen retailer is going to meet order promises. So how can retail leaders demonstrate value across the board?

article thumbnail

Retailers' supply chains are in better shape for the holidays

Strategic Sourceror

Walmart and Target, for example, are both awash in inventory, having overestimated the level of consumer demand they expected to persist throughout 2022. Walmart has since whittled down its excess inventory by approximately 33% in the third quarter compared to the previous three-month period, Supply Chain Dive reported.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top supply chain trends in retail for 2023

IBM Supply Chain Blog

The COVID-19 pandemic and recent global disruptions have exposed the vulnerability of supply chains, and perhaps no industry felt the impact more than retail. IBM is helping clients tackle this challenge with IBM Intelligent Merchandise Planning for SAP® Retail.

article thumbnail

High Prices and Low Availability Plague the Electrical Supply Chain!

Supply Chain Game Changer

Suddenly surging demand hit businesses that had scaled back production and lost workers because of COVID-19. To date, consumer demand remains strong. The electrical supplies markets, with their global dependencies, were hit hard. Join a group purchasing program like Raiven or Avendra.

Price 85
article thumbnail

What are the Top 7 Trends in Last Mile Logistics?

Supply Chain Game Changer

Consumer demands and expectations are rising, and up to 25 percent of consumers are willing to pay extra for same-day delivery. Shippers need to find ways to reach more shoppers and convert them into consumers. What happens if consumers wish to return merchandise purchased from drivers?

article thumbnail

What is ECommerce Order Fulfillment and Why is it Important?

Supply Chain Game Changer

Simple Global helps direct-to-consumer firms succeed online by providing a leading eCommerce fulfillment approach to meeting today’s consumer demands. Many providers will provide you with tracking information once the purchase has shipped, which you may share with consumers to keep them informed about their delivery.

article thumbnail

5 Benefits of a POS System!

Supply Chain Game Changer

The emergence of new POS systems is necessary, given the diversity of payment options and consumer demand. For example, a POS can instantly help with retailer interactions and support data analysis in your company for increased success. . · What is POS Development?