A new global study by RELEX Solutions, provider of unified supply chain and retail planning solutions, reveals that while 57% of retailers and CPG companies plan to invest in predictive and generative AI in the next 3-5 years, AI and machine learning (ML) ranked just fifth in importance for overall technology spend behind enhancing e-commerce capabilities, improving inventory management, demand forecasting, and leveraging data analytics.
Articles
RSSAverage Brit left waiting almost five days for deliveries
May 07, 2024
Following recent unprecedented delivery and parcel disruptions affecting consumers up and down the country, Shipup, the post-purchase expert, has found that the average order delivery is 4.5 days - or 107 hours*, with the quickest UK city almost one day faster than the slowest. So, unless you’re using Amazon Prime or other next day delivery services, it’s likely shoppers will be waiting a full working week for their deliveries.
Brands must revamp returns, says Manhattan Associates
May 07, 2024
Convenience is the name of the game in today’s retail landscape and the returns process is an integral part. It can make or break the overall brand experience, and savvy retailers are increasingly viewing it as an opportunity to further engage with customers as it provides additional touchpoints to enhance the overall customer journey.
Unleashing the power of cross-border commerce for retailers
May 02, 2024
Headlines regarding post Brexit cross-border trading challenges dented businesses’ confidence in their ability to expand successful ecommerce retail operations outside the home market. But with cross-border trade booming globally, is there a risk that UK retailers are missing out?
Has the era of shopping for electronics in-store come to an end?
May 01, 2024
As the sale of Curry’s, one of the UK’s leading appliance retailers, unfolds, many retailers are left wondering – are consumers spearheading the decline of traditional white goods and electronic retail outlets in favour of online shopping?
Transport project management contributes £4.7 billion to UK economy after 33% growth – APM Golden Thread Report 2024
May 01, 2024
A new report by the Association for Project Management (APM), the chartered membership organisation for the project profession, has found the transport sector of the project management profession has grown by a third in five years to contribute £4.73 billion of annual gross value added (GVA) to the UK economy.
Manhattan Associates reports record first quarter results
May 01, 2024
Supply chain and omnichannel commerce solutions provider, Manhattan Associates Inc., has reported revenue of $254.6 million for the first quarter ended March 31, 2024.
Tech partnership to ‘transform’ retail and logistics
Apr 30, 2024
Tech duo Shipster and Ordorite have announced a strategic partnership they say can ‘transform’ e-commerce and retail logistics for the furniture and soft furnishings sector.
Gaining greater supply chain visibility and control through transportation management systems
Apr 29, 2024
By Fredrik Lindhagen, product director, nShift.
Ongoing geopolitical events and a challenging economy mean that today, more than ever, supply chains are especially vulnerable to disruption. The impact of this on demand planning is significant.
Poor or late visibility into channel inventories, an inability to respond to customer inquiries on shipments, arrival dates, or available inventories, are listed among the top operational challenges.
TrueCommerce delivers global e-invoicing and CTC solution for businesses facing compliance challenges
Apr 29, 2024
TrueCommerce has announced its global e-invoicing and Continuous Transaction Controls (CTC) solution that enables organisations to keep pace with the constantly changing legal requirements across the globe and support compliant electronic invoicing.
