Online retail continues to grow at a rapid rate, with a 14.6-percent increase in the category in 2015, totaling $341.7bn. That has major implications for warehouse optimization.
Chieh Huang has borrowed a lot from Amazon.com Inc. to expand his e-commerce startup Boxed Wholesale, which sells bulk packages of paper towels, granola bars and maxi pads, including free delivery within two days on most orders and an inexpensive house brand of products. And, like Amazon founder Jeff Bezos, Huang started the company in his garage in 2013.
Free trade seems to have few friends in positions of power these days. But advocates of removing obstacles to the flow of international trade got at least one piece of good news earlier this year.
A study conducted worldwide by Zebra Technologies Brazil and released in São Paulo indicates that 70 percent of retailers plan to invest in Internet of Things (IoT) technologies to improve the customer experience. By 2021, the study indicates, smart technologies will provide consumers with new levels of customization, speed and convenience.
Brands and retailers have been hyper focused on Millennials for years now. But while they've been busy trying to figure out what Millennials want, Generation Z, a maturing and ever more digitized and global generation, is emerging with its formidable buying power.
App-driven startup Darkstore, which matches e-commerce shippers with urban fulfillment centers that have excess capacity to facilitate same-day delivery, will use a new cash infusion to expand beyond the three markets it currently serves.
The latest supply-chain news, analysis, trends and tools for executives in the e-commerce/omnichannel industry — which consists of companies engaged in internet retailing, including those with auxiliary brick-and-mortar stores. Learn how e-commerce/omnichannel companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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