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IHL Study: Inventory Distortion Will Cost Retailers $1.77 Trillion in 2023

Retail TouchPoints

A recent study by IHL Group projects that the global cost of inventory distortion in 2023 will be $1.77 IHL estimates the cost of ORC in the U.S. This has mostly been worked through and demonstrates that retailers are becoming more effective in managing their inventory levels and avoiding excessive stockpiling in 2023.”

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3 Ecommerce Logistics Trends that are Changing Retail Right Now

Retail TouchPoints

As ecommerce sales continue to grow, so does the focus on logistics, enabling retailers to meet the rising demand for shipping. trillion in 2029. Operational agility is all about efficiently managing your company’s orders, inventories and other operational aspects. It should come as no surprise that the U.S. Operational agility.

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The Ultimate Guide to Print on Demand Statistics for 2023

Ecommerce Platforms

General Print on Demand Statistics for 2023 Promising minimal risk, excellent sustainability, and low start-up costs, print on demand has grown to be an extremely popular choice for creators around the world. By 2029, the industry is expected to be growing at a CAGR of approximately 31.5%, reaching a potential value of around $28 billion.

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33 best small business ideas to make money in 2023

Omnisend

You don’t have to keep stock or worry about logistics and shipping since everything happens online. Social media management Another small business idea worth considering if you have superior marketing skills and want to work from home is selling social media management services. At $571 billion, the beauty industry is booming.

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How NFTs Can Fight Fraud and Increase Customer Loyalty

Omnisend

Depending on what kind of information the store makes available, the customer would also be able to see other information for those sneakers—where the materials were sourced, manufactured, handled, shipped, etc. When working with different brands, Real Items asks: “What’s your price point? Do we need to step up to NFC?