Sourcing Solutions: Page 34

Online Returns Could Rake in $82.1B This Holiday

E-commerce sales are predicted to increase by 7% this holiday season to $273.7 billion, according to the National Retail Federation. CBRE calculates a maximum value for this season’s returns of online purchases at $82.1 billion.

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Manufacturing Slump to Continue in 2024

The GEP Global Supply Chain Volatility Index was once again in negative territory at -0.34 in November, compared to -0.41 in October, indicating an eighth successive month of spare capacity across global supply chains, according to GEP.

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Sourcing Solutions

Managing Retail Returns Requires a Balanced Approach

By understanding why returns are happening and taking responsibility for volumes, retailers can put in place corrective actions that address the impact returns have on retail’s traditional linear, go-to-market-oriented supply chain.

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It’s the Most Wonderful Time of the Year: Or Is It?

By implementing these strategies and fostering strong partnerships with suppliers and retailers, consumer product manufacturers can optimize their seasonal product management, ensuring they never miss critical demand periods.

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94% Say Reduction of China Sourcing Dependence Under Way

AlixPartners LLP

Close to 94% of respondents are seeing more nearshoring; vying away from becoming source dependent on China.

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Consumers Expected to Spend Less on Groceries, CPG Goods in 2024: Study

AlixPartners LLP

Financial difficulties will lead EMEA consumers to shop less frequently and spend more cautiously across various non-essential retail and leisure categories in 2024.

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Procurement Software

Procurement in the Cloud

Whatever model you choose for procurement, it’s important to remain aware of the tradeoffs involved and to approach the cloud as part of a larger digital strategy for procurement and the enterprise more broadly.

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Financial Management Software

Zilliant Acquisition to Deliver Full Pricing Lifecycle Capabilities

Zilliant closed its acquisition of In Mind Cloud, a digital sales platform purpose-built for manufacturers to enable companies to manage the full pricing lifecycle.

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Engineers Reach Turning Point with Navigating Component Availability

Engineers are at a turning point when it comes to navigating the design and supply chain disruptions of the last several years, according to findings from Avnet.

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Sourcing Solutions

How Returns Are Utilized to Navigate Large Disruptions

By ensuring that you have transparency through the entire supply chain, you’ll be equipped to stay agile and make smarter decisions about inventory stocking, pricing and restocking.

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Waste Reduction

Returns into Revenue: How Reverse Logistics Changes the E-Commerce Sustainable Business Model

By implementing robust reverse-logistics processes, eCommerce service providers can demonstrate their commitment to regulatory compliance related to environmental and consumer protections regulations.

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Sourcing Solutions

83% of Suppliers Confident That Business Demand will Remain Strong in 2024

PrimeRevenue Inc.

Nearly one-third of suppliers (31.8%) are extremely confident their customers will maintain their current purchasing volumes in the first half of 2024, while 51.1% are moderately confident, according to new research from PrimeRevenue.

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