The boom in e-commerce is a global phenomenon, but each country has its own unique requirements for ensuring the smooth flow of shipments to the buyer.
In August, Walmart announced that it would acquire Jet.com for $3.3bn. The merger may put Walmart in a better position to go up against e-tailing behemoth Amazon, and possibly even strengthen the former's footing in the business-to-business e-commerce space in the future.
Due to changing lifestyles and disposable incomes, the global jewelry market continues to rise, with much of that growth being driven by the move to e-commerce. The world's jewelry market is projected to surpass $257bn in 2017 and grow at a compound annual growth of five percent over the next few years. Currently, online jewelry sales only account for four to five percent of the market, but the e-commerce sector is expected to reach around 15 percent by 2020.
InViaRobotics has released a "goods-to-box" robotics system, to aid in the fulfillment and material-handling operations of e-commerce providers and warehouses.
A newly released forecast anticipates that retail e-commerce will account for nearly $2tr in worldwide sales this year - and will more than double by 2020.
U.S. retailers gearing up for the holidays could be overlooking a key source of sales: international shoppers. To win in the global e-commerce race, companies can't rely on the same approach they use domestically. Featured products, marketing content, and promotions targeting U.S. consumers may not resonate in all markets. For example, as U.S. retailers promote their discounts on that latest style winter coat, super-fast sled or snow tires, they'll need to remember that it's summer in Australia.
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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