One of the many significant changes taking place in retail is store brand — or private label — product sales are showing impressive growth compared with traditional and national brands. Many retailers are not currently set up to optimize online sales of their store brands and are missing an opportunity to take advantage of the power of private label sales via digital channels. By implementing GS1 Standards and accurately assigning GS1 Global Trade Item Numbers (GTINs) — commonly known as U.P.C.s — to their store brand products, they can deliver a consistent, omni-channel shopping experience, grow their sales, and improve customer satisfaction.
Long checkout lanes, disorganized shelves and hard-to-find products lead to frustrated shoppers. And when customers get frustrated, they often give up on a store and walk out, especially if there’s no associate around to help them.
How Amazon continues to build a loyal customer base that keeps them coming back.
Customers are increasing the size of their baskets in order to qualify for free shipping.
Parcel growth will continue to rise at a rate of 17%-28% each year between 2017 and 2021, and by 2020, same-day delivery will drive up logistics costs as a percentage of revenue by 50% (Source: Gartner, October 2017). For most omnichannel businesses, the cost of shipping now exceeds the sum of all other fulfillment costs including direct and indirect payroll, benefits, facilities and utilities, packing supplies, etc. Businesses need every advantage they can get to hopefully evaluate, reduce or control the rate of shipping expense increases.
If there’s any doubt about the impact of cash management solutions on the cost structure of retailers, consider this recent finding by IHL Group: Replacing manual processes with automation technology can save retailers an average of 200 to 500 labor hours monthly per store.
While consumers want the ease of shopping online, the ability to track orders and the use of sustainable packaging, they also prefer to see and try their purchases in person. In fact, two-thirds of consumers who purchase online use the store before or after the transaction. So how do retailers offer the conveniences consumers demand while reducing costs? The answer: Perfect every aspect of the packaging and shipping process.
Shipping is a critical component of supply chain logistics for e-commerce stores. e-tailers find it increasingly important to optimize shipping as it significantly impacts the customer experience, repeat purchasing, brand loyalty and profitability.
The global supply chain is comprised of a set of complex business processes involving many players spread all over the world. An effective Global Trade Management (GTM) digital platform must be able to handle these diverse functions and be able to integrate well with both systems and people. A digital supply chain is an enabler of value. It will enable you to manage global risk; improve agility, speed and quality; and reduce costs in many areas of your operation. IDC predicts that, by 2020, digitally-mature companies will achieve $430 billion in productivity gains over their less-connected peers.
Whether your company is in the healthcare or pharmaceutical industry dealing with HIPAA or hazmat compliance, a large retailer, or a warehouse fulfilling high-volume package shipments, the ProShip® Product Suite has everything you need for shipping speed, compliance and support.
By thinking “out-of-the-box,” we developed the best “into-the-box” solution for automated package fulfillment. The CVP-500 is a unique, fit-to-size packing system that automates and optimizes all steps of package fulfillment for single and multi item orders with variable dimensions. As soon as the order has been picked, this automated fulfillment system builds, fills, folds and labels each parcel in one seamless process.
The most convenient click and collect solution for customer deliveries at residences, retailers, universities, corporations and other locations.
Long checkout lanes, disorganized shelves and hard-to-find products lead to frustrated shoppers. And when customers get frustrated, they often give up on a store and walk out, especially if there’s no associate around to help them.
How Amazon continues to build a loyal customer base that keeps them coming back.
Customers are increasing the size of their baskets in order to qualify for free shipping.
Parcel growth will continue to rise at a rate of 17%-28% each year between 2017 and 2021, and by 2020, same-day delivery will drive up logistics costs as a percentage of revenue by 50% (Source: Gartner, October 2017). For most omnichannel businesses, the cost of shipping now exceeds the sum of all other fulfillment costs including direct and indirect payroll, benefits, facilities and utilities, packing supplies, etc. Businesses need every advantage they can get to hopefully evaluate, reduce or control the rate of shipping expense increases.
If there’s any doubt about the impact of cash management solutions on the cost structure of retailers, consider this recent finding by IHL Group: Replacing manual processes with automation technology can save retailers an average of 200 to 500 labor hours monthly per store.
