With the rapid growth of eCommerce, numerous recurring themes relating to the supply chain have appeared, including the increase in product diversity. Here’s the second part of the ShipHawk supply chain series about the top trends impacting the supply chain right now and what you can do about it.
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With the immense growth of online retail, there has been a huge impact on the supply chain. Not only has the supply chain become even more important to eCommerce, it has also become incredibly nuanced with constant innovations. Since efficient and effective supply chain management is a critical part of the eCommerce customer experience, there are several trends emerging from this part of the logistics landscape.
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Most brick-and-mortar retailers are looking for ways to innovate their supply chains to accommodate eCommerce, which is the largest growth channel within the omnichannel approach. “The largest U.S. retailers reported strong online sales in their second-quarter earnings reports this week, extending a trend that has seen e-commerce revenue expand far faster than store sales, and several said they are making strides in delivering goods to consumers more profitably,” writes Loretta Chao of The Wall Street Journal. In fact, one of the largest american retailers Target has seen the massive opportunity presented by the surge of eCommerce and is reinventing its supply chain in order to keep up with customer demand with more precise delivery windows.
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CEO and Co-Founder Jeremy Bodenhamer recently wrote a thought leadership piece featured in The CEO Magazine: Shaping Up Your Company’s Shipping Practices.
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CEO and Co-Founder Jeremy Bodenhamer was recently featured in a discussion article published by RetailWire on free shipping for retailers. Join the free shipping discussion: How much is free shipping really costing retailers?
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