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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.
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