When it comes to retail, the landscape is ever-evolving. The entry of eCommerce has changed the way that people shop. However, even though online shopping is growing, people still like the customer experience that shopping in a brick and mortar store provides. As a business owner, balancing brick and mortar with e-commerce is more important than ever before. Offering both of these experiences to your consumer is the best way to stay in business for the long haul.
Retail Compliance is an important part of any business. However, compliance has a few different meanings. One aspect of compliance is ensuring that retail locations have the right look and setup and the other deals with contract and labor conditions. Both aspects of retail compliance work towards creating more traffic and more business while also ensuring that you are operating within the proper legal framework.
Capacity Crunch might sound like a box of favorite breakfast cereal, but in actuality, it is a supply chain industry term referring to a shortage of trucks. The capacity crunch is something that many third-party logistics companies are currently dealing with.
Holiday shopping is a traditional pastime during the later months of the year. While Black Friday is usually the official start of the holiday shopping season many people start even earlier. Unfortunately, the coronavirus pandemic has changed a lot of things about the way we live, including time-honored traditions and last-minute holiday shopping.
Supply chains are crucial to the operation of any retail or commercial business. No matter what field you may be in, a disruption in supply can lead to a disruption of service for the end consumer. When that happens, businesses lose money or can fail completely. Working with a reliable 3PL will reduce hiccups and bring stronger security to your supply chain. It’s important to monitor your 3PL Warehouse KPIs to make sure that your business needs are being met or find areas for improvement.
The most visible aspect of the recent supply chain and shipping disruption side effects is the shortage of essential supplies and empty supermarket shelves. The global supply chain disruption caused by the COVID-19 pandemic has affected all aspects of the business from manufacturing all the way to product shipping and sales.