As the vaccine is distributed to more and more of the population, will we see a shift back to in person shopping, or will we continue to see a rise in online shopping? With the convenience of online shopping and consumers having access to so many different products at the click of a button, will they want to return to stores? Here is part 2 of the series.
COVID-19 has changed the world in many ways, including how we shop and where we shop. Ecommerce shopping has increased exponentially. Things have changed, but will they go back to how things were before the pandemic or has these trends changed the way we shop for time to come? With new technology being developed, the industry will continue to evolve and adapt as trends change. Here is part one of this series.
As eCommerce continues to grow exponentially along with two-day, next day, and same day delivery methods becoming the standard; a faster more dynamic way of picking is required. One of the factors that has led to the demand for faster shipping times is the introduction of Amazon Prime. This membership, which offers 2-day shipping for its products, was launched in 2005 and now has over 150 Million members.
We made it through the holidays through the Black Friday rush and the sales leading up to Christmas Day. As online continues to be the shopping method of choice, it is important to have a system in place that can keep up with the demand. As orders slow from the holidays, now is a great time evaluate software, equipment, and processes. What is working well and what is not working so well. From a business and warehouse operations standpoint, your Warehouse Management System (WMS) is the core foundation to enabling the success of your company. Here are some questions to ask yourself when evaluating your current WMS.
This year has come with a lot of challenges and changes to our everyday lives and along with that changes within the supply chain as well to keep up with shifting demands and trends. Some of the trends will probably stick around for a while, while others will probably adapt and change as time goes on. We have compiled a list of our top blogs of 2020. Here’s to a happy holiday season however you are celebrating it and a new year to come to start fresh.
Surging Ecommerce Trends Strengthened by the Pandemic are Increasing Profitability in the Cold Storage Sector
Food warehousing and transportation has been happening for a long time, but advances in technology and foods safety; supply chains have progressed to meet the changing demands of consumers and businesses. As we have seen from the pandemic, expectations are high when it comes to product choices and availability, and consumers because quickly displeased when those needs aren’t met. Cold Storage is now one of the hottest topics in commercial real estate.
At the beginning of the pandemic, warehouses were trying to navigate through changes put in place to keep workers safe, as time went on, companies were able to figure out what worked and what didn’t work.
COVID-19 has required shoppers to wear masks, maintain social distancing measures, and walk down one-way aisles. At the beginning of the pandemic, many consumers shifted their shopping to online. According to Statista figures, “there were 227.5 million online shoppers in the US for 2020—approximately 88% of the adult population. This number is projected to climb even more, reaching an expected 230.5 million in 2021 and 278.3 million in 2024.”
With many shoppers turning to online shopping vs in store, it’s hard to predict what Black Friday sales will look like this year. Especially when some of the major retailers like Walmart, Target, DICK’S Sporting Goods, Best Buy, and Kohl’s have decided to be closed on Thanksgiving. Also, Amazon’s Prime Day has been delayed, it is expected to start sometime in October not leaving much time before Black Friday sales begin. It has grown from a single day event to a month-long event full of product promotions. Here's some helpful tips to help you prepare for the holiday rush.
Since the advent of the assembly line, supply chain management has been an important factor when it comes to success. While there has always been a need for access to real-time data, increasingly, legacy technology limitations are resulting in a flawed system with at-best, limited transparency that means keeping up with data-driven competitors is nearly impossible.