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Product Substitution: How Savvy Retailers and Manufacturers can Build Supply Chain Resiliency, Reduce Costs and Improve Customer Experiences

Retail TouchPoints

Shipping delays and stockouts lead to frustration and disappointment, especially when logistical problems impact time-sensitive purchases, such as special occasion gifts, event tickets or prescription medications. In manufacturing, product substitution can be a valuable tool for optimizing inventory management.

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Retail Logistics: Boosting Efficiency and Productivity

Retail TouchPoints

Traditionally, retailers use enterprise applications like enterprise resource planning (ERP) or warehouse management systems (WMS) to gain a virtual bird’s-eye view over how and when items move through the warehouse. Different methods exist for measuring this travel, and the most suitable approach depends on the specific circumstances.

Retail 242
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The Complete Comparison Guide Between Your 3 Ecommerce Fulfillment Options: Drop-Shipping, 3PL or Self-Fulfillment

BigCommerce

Order management. While small businesses can often manage their inventory , packing, and shipping , as the operation scales up, additional support is needed and beneficial. While small businesses can often manage their inventory , packing, and shipping , as the operation scales up, additional support is needed and beneficial.

Drop Ship 417
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Fickle Consumers? CVS Prescribes its CarePass Paid Loyalty Program

Retail TouchPoints

We want to help you on your path to greater health, and there are a lot of ways that we support that,” said Adam Volin, General Manager of CarePass at CVS Health in an interview with Retail TouchPoints. “ I have three young children and my wife travels fairly frequently for work. The CVS Rewards Tracker.

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Exclusive Q&A: ‘We’re Asking a Lot More From Our Supply Chains’

Retail TouchPoints

It’s the question that’s on every retailer’s — and not a few consumers’ — minds: When will global supply chains flow freely once more? With supply chain challenges come the higher costs feeding inflation, which is itself a double-edged sword. How are the supply chain challenges we’ve been seeing contributing to rising prices?

Supplies 279
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4 Dynamic Pricing Strategies to Boost Your E-Commerce Sales

ChannelAdvisor

Price: the topic that may very well consume most of your mindshare as an online seller. Is it really feasible for your teams to monitor competitor price changes and update your own in real time? . What Is Dynamic Pricing? . Dynamic pricing is a strategy that modifies prices based on current market demands.

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How Cloth & Company Saved Time and Money With its 3D Virtual Showroom Collaboration

Retail TouchPoints

Designing a photoshoot for a furniture collection is typically an expensive, logistics-heavy procedure that involves months spent coordinating teams of people, products and locations. The process also greatly reduced the necessary investment, reducing the cost of bringing the collection to market from tens of thousands to just thousands.

Clothing 244