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Retailers are not responsible for the ongoing issues with the global supply chain, but they must act to mitigate them.
The COVID-19 pandemic has severely impacted the efficiency and effectiveness of the supply chain. In addition, global shipping is still feeling the after-effects of the March Suez Canal blockage.
Inevitably, customers will blame retailers for products that are out of stock, delivered late, or sharply go up in price. This means retailers need to push aside any notions that the supply chain isn’t their problem to fix. Here are three technology solutions retailers can utilize to mitigate logistical challenges.
Managing returned inventory across multiple locations is no small task. For JCPenney, a fragmented process, inconsistent recovery rates, and limited buyer competition made it difficult to maximize the value of returned merchandise. By partnering with B-Stock, JCPenney centralized its B2B…
Back-to-school season is here! For resellers, it’s one of the best times of year to move inventory, attract new buyers, and position your business as a smart way to save on popular products. This year, budget-conscious shoppers are getting their…