In 2024, sustainability in retail supply chains is essential. Consumers are demanding ethically and sustainably sourced products, with 72% of Gen Z and 77% of Millennials willing to pay more, according to a McKinsey report. This presents an opportunity for retailers to prioritize a more sustainable supply chain. But how can they do this while continuing to grow the business? Turns out that those goals aren’t mutually exclusive. Sustainability and business growth go hand in hand in today’s markets. 

Reuters Events are pleased to launch the annual “Reuters Events: State of European Supply Chains 2024 Report”. Produced in partnership with Maersk, 2024’s report provides business critical insights, case studies and market research to provide Supply Chain leaders the knowledge to empower their European supply chains. 

Focused on Visibility, Digitalisation, Sustainability and Resilience the report includes leading executives and brands’ thoughts and insights on what is powering Supply Chains.

Online retailers must run a cost-efficient, streamlined eCommerce fulfillment operation to deliver exceptional customer experiences. But doing so can be challenging. Here are 7 mistakes that eCommerce retailers need to avoid to retain customers and generate loyalty.

1. Seeing Reverse Logistics as a Cost-Burden.  

Returns are costly. Losing customers because of a bad returns policy is costlier. Many eCommerce businesses see returns as a burdensome cost center. Recently, we’ve seen retailers constrict their return policies to reduce the rate of returns. This helps decrease costs, but it puts the customer experience at risk.  

UK retail in the years following the global pandemic has largely been a case of facing into headwinds. Above and beyond anything else has been the battle to drive sales and operate optimally in the most significant inflationary environment the UK has experienced for generations.

But other key questions are keeping retailers occupied, find out what they are in this free Whitepaper.

From fashion e-tailer ASOS and electricals retailer Currys to pizza delivery retailer Domino’s and DIY group Kingfisher, retailers from all sectors of the industry are on a cloud transformation pathway.

Barcode standards organization GS1 US today said it has unveiled two new guidelines to help industry users transition to more-advanced two-dimensional (2D) barcodes on product packaging in the U.S. healthcare, apparel, and general merchandise sectors.

According to the New Jersey-based group, 2D barcodes such as QR codes and GS1 DataMatrix will enhance supply chain visibility, efficiency, and patient and consumer safety. Produced by a working group of retailers, brands, and solution providers in the apparel and general merchandise industries, the guideline provides practical advice for implementing 2D barcodes by 2027, a timeline set by the retail industry in collaboration with GS1 US to scan 2D barcodes at point-of-sale (POS).

The landscape of the logistics industry is in a constant state of evolution, undergoing significant transformations. Since the pandemic, businesses are recalibrating their strategies to decipher what impacts their bottom line and aligns with evolving customer expectations. Simultaneously, companies are navigating the delicate balance of where to invest and what technologies and integrations will fortify their supply chains against vulnerabilities.

In the realm of supply chain management, the distinction between ecommerce and omnichannel strategies holds critical significance. As a leading provider of supply chain solutions, it’s imperative to dissect these approaches and their implications thoroughly. Let’s delve into the nuanced differences between them while emphasizing the pivotal role of Collaborative Visibility—a technology platform fostering comprehensive supply chain integration and visibility.

Challenging economic and labor markets combined with evolving consumer behaviors have required many retailers and brands to adjust their ways of doing business. However, times of transformation and disruption also present an opportunity for retailers to stand out and rise above the competition. To do so, retailers must meet and exceed customers’ expectations for a seamless, quick and easy purchase journey.