In 2022, U.S. businesses faced an unprecedented 19.6% surge in logistics costs, with carrying costs accounting for more than half of this increase. If you’re using basic inventory tracking, it might serve you well for now. However, as your business expands, you will need a more sophisticated system
In 2022, US businesses faced the highest-ever increase in logistics costs, with a staggering jump of 19.6%. Carrying costs, a major challenge in inventory management, contributed to more than half of these additional expenses. If you are still using basic inventory tracking methods, you are likely
Fabletics, a well-known activewear brand, is embarking on a major digital transformation to enhance its inventory management and support its projected growth. The company is implementing Blue Yonder's supply chain planning solutions, which leverage algorithms and insights from sales, marketing, and
Retail leaders in Australia are advocating for an unprecedented level of government support for the sector in the upcoming federal budget, a measure they believe is essential to bolster the sector amidst ongoing and multifaceted challenges. The Australian Retailers Association (ARA) and the
In today's competitive retail landscape, having a holistic understanding of your business operations is not just beneficial but essential. You may already have various sales channels operational, but merging these channels and insights can take your retail store from good to great. Point-of-sale
Walmart has shifted into high gear to expand its same-day delivery capabilities, now reaching an impressive 93% of U.S. households, as revealed by its latest earnings release for Q4. This growth represents a significant jump from the 80% coverage reported in October 2023. The expansion highlights
