Parcel lockers are bulkstorage units with multiple lockable compartments, designed to facilitate delivery and collection of orders at any time of the day or night. This 24/7 accessibility makes parcel lockers a powerful tool in an era of increasing e-commerce. A customer can order an item online, for instance, and travel to a nearby parcel locker to retrieve their order…. Continue Reading
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Why Retailers May Need to Prepare for an Early Holiday Shopping Season (And Some Ideas for How to Do It)
The 2019 peak retail season may begin earlier than usual — and that’s important news for retailers, logistics operators, and shippers across the United States. Two unusual market conditions are colliding to create this unique situation: retailers’ perceptions of overly high inventories (leading to less replenishment) and consumer reaction to news of increasing tariffs. If consumers rush to beat price… Continue Reading
Optimizing Inventory Levels in Retail: The Role of Material Handling
Matching inventory to demand is always a challenge in retail. Too much, and you hemorrhage money in storage and handling costs. Too little, and you miss out on make-or-break opportunities. The trouble is, an optimal inventory level is always a moving target. As we write this, there seems to be some anxiety regarding retail inventory at the national level. The… Continue Reading
