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Alibaba Supply Chain Exec Recommends Futureproofing with AI, Blockchain and Crowdsourcing

Retail TouchPoints

As the Head of Supply Chain for Alibaba ‘s North America B2B business, Yikun Shao is right in the thick of it. In 2020 he joined Alibaba, where he is now tasked with developing the company’s strategy and building platform-level solutions around international shipping, logistics, cross-border trade and global expansion.

Supplies 261
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Why Brands Should Consumerise B2B Experiences

ESW

Brands can and should consumerise B2B experiences and enable online business shopping that’s as easy and convenient as a DTC channel. However, many B2B sellers have continued to advertise and sell products in a traditionally analogue way. The landscape is quickly changing to make B2B ecommerce buying the norm.

B2B 78
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What retailers can learn from the 2021 holiday shopping season

Kibo

Consumers also embraced the use of digital wallets, QR-code payments, and digital invoicing for B2B purchases. from 2019 to 2027. Digital Commerce 360 attributes the dip in spending to inventory scarcity, higher prices, and weaker discounts. In their 2022 Commerce and Payments Report , Global Payments notes that: 4.4

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3 Marketplace Categories Where ‘White Space’ Still Exists

Retail TouchPoints

trillion dollars and account for 59% of all global ecommerce by 2027. “It’s I mean Walmart did it because they’ve got something like 5,000 engineers so they can build it themselves, but for other businesses it’s not worth the time and effort to build this technology in-house and maintain it — that’s expensive and slow.

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ecommerce in Nigeria – tips for success

Payoneer

With a compound annual growth rate of 11.3% (2023-2027), the market is expected to reach a volume of US$11,707 million by 2027. billion in 2023, with a projected annual growth rate of 6.33% (CAGR 2023-2027). The Nigerian ecommerce market’s contribution to the global growth rate in 2023 is expected to be over 25%.

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NRF Retail’s Big Show: Day 3 Recap

Kibo

billion in 2027. COVID accelerated the adoption of fulfillment strategies like BOPIS, ship from store, and local store delivery — and they’re here to stay. The total cost of out-of-stocks and overstocks for retailers in 2022 was nearly $2 trillion — a 12.7% IHL predicts that the order management systems market will grow from $1.64