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The pressure is rising for retailers to fine-tune their supply chains as they source and deliver more products than ever at an increasingly rapid pace across the globe. Retail supply chain executives are challenged on many fronts, from operations and sourcing to fulfillment and last-mile delivery. The growing uncertainty about global trade and tariffs also complicates the picture, and new technologies offer promise but can be difficult to pilot and implement.
The retailers that overcome these challenges will be those that are flexible and responsive with the right technology, people and strategies.
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Today’s consumer purchases happen more rapidly than ever, making returns an unavoidable aspect of the shopping experience. Every year, billions of dollars worth of returned goods make their way back to retailers, often resulting in excess inventory. Many of these…