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News

Technology is Transforming Retail Supply Chain

Technology is changing the retail supply chain in many ways, reports Total Retail.

While e-commerce sales were expected to reach $4.2 trillion by the end of 2020, a big part of that money goes to waste due to inefficient processes. 

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Digital Transformation Needs to Happened

According to Forbes, the pandemic has shown that the ‘digital transformation’ of the supply chain is not a want, it is a need.

Covid-19 has upended our lives, and there is hardly an industry that has not been shaken by the pandemic.

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Micro Fulfillment Centers on the Horizon

An Israeli company is testing a ‘micro-fulfillment center’ that will turn empty retail space into fulfillment centers, report Supply Chain Digest. 

For several years, some retailers have used “dark stores” – retail spaces in which they have closed a store but still own the lease – as efulfillment centers for on-line orders.

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