While robotics has a significant role in automation, it is not the only way to achieve it. Robotics consists of robots/ machines substituting human labor, automation brings together machines, software, and upgraded technologies to perform tasks that are otherwise performed manually. In fact, investment in robots is a rather expensive affair! New-age warehouse management systems… Continue reading Who Says Automation is with Robots? Think Beyond!
Warehouse automation is fast becoming one of the essentials of supply chain management. But there are some very common myths that have been making rounds in the industry and believe it or not, even the most seasoned professionals may fall for them. In this blog, we clear the air around some preconceived notions surrounding warehouse… Continue reading 5 Myths on Warehouse Inventory Management Busted
The fast-changing retail industry is increasingly adopting a customer-centric approach. Customers have a wider array of options and are no longer willing to buy whatever brands offer them on a platter. In the past, retailers used to purchase merchandise based on their gut instinct or mere hunches. But today, staying relevant in the market calls… Continue reading 5 Ways to Control Inventory in the World of Lean Retailing
As retail and e-commerce turn into highly competitive spaces warehouse management is also becoming more and more challenging. Customers these days expect lightning-fast deliveries, convenient shopping experiences, and easy returns. This requires greater flexibility, proactive handling, and a technology-driven warehouse management system backing the sales channels. With new trends such as omnichannel taking full effect,… Continue reading Top 5 Challenges Within the Warehouse and How to Solve Them
Brands that have a well-established presence among their customers can benefit significantly by opting for the D2C route of marketing. In the US alone, D2C sales are expected to reach $175 billion by 2023. Even new and emerging brands find tremendous merit in D2C marketing as they wish to gain better control over their brand,… Continue reading How Technology is Propelling the Growth of D2C Brands
Cutting-edge technology has left no sector of the economy untouched and is turning out to be one of the biggest drivers of efficiency, customer experience, and profitability. In the last few years, the retail industry has also been experiencing some transformative technological interventions that are reshaping the way business is done. At the very heart… Continue reading 5 Growing Technology Trends Reshaping the Retail Industry
The retail business landscape is changing faster than ever. For e-commerce merchants, that change has come in the form of increased competition, changing consumer preferences, and new technologies that enable retailers to reach new customers. For business-to-business (B2B) merchants, it has come in the form of new business models, new sales channels, and new partners.… Continue reading Digital Transformation in B2B Commerce
You have probably heard about the concept of inventory optimization, but do you know how to make the most of it? Inventory management is a tricky business. Too much inventory and you are tying up valuable resources that could be used elsewhere, too little inventory and you risk losing sales. What if there was a… Continue reading Inter-store transfers; An inventory optimization solution
While online shopping rises in trajectory, stores have continued to remain highly relevant. In the US, over 85% of retail still happens in physical stores, while ecommerce still represents a small percentage of total retail sales, that is, only 14.5%. Stores are widely known to add an element of localization to the business. Having a… Continue reading 5 Extremely Useful Techniques to Boost Store Sales
In today’s retail environment of fast fashion, retailers have to replenish their inventory constantly. One of the main challenges faced is finding the right balance between being proactive in forecasting demand and reacting to changes in supply and demand. Seasonal inventory management is a business method used to manage inventory allocation and replenishment most… Continue reading Seasonal Inventory Management: New-Season Allocation & Mid-Season Replenishment
