Showing 147 posts
The Power of Intelligent Forecasting: How To Optimize Demand and Supply Chain Planning in an Increasingly Volatile World

The Power of Intelligent Forecasting: How To Optimize Demand and Supply Chain Planning in an Increasingly Volatile World

The consumer packaged goods (CPG) industry is facing unprecedented challenges in product forecasting as the pandemic has driven significant shifts in consumer preferences, the acceleration of digital shopping, a challenging physical environment, and unprecedented volatility in demand coupled with significant supply-chain disruptions.

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Age of Precision Category Management: Using Hyper-Localized Assortment Optimization to Meet Shopper Demand

Age of Precision Category Management: Using Hyper-Localized Assortment Optimization to Meet Shopper Demand

The age of precision category management is upon us. Effective assortment and space localization can be a very challenging task for CPG companies and retailers, but if done right with the right methods, the incremental value generated is significant. Whether they are using a cluster approach or not, the ability for retailers and CPG companies to leverage store-level data in new ways opens up new opportunities to have the right product assortment to meet shopper demand across any store

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Data-Driven Collaboration: The Missing Link to Achieving Operational Efficiency

Data-Driven Collaboration: The Missing Link to Achieving Operational Efficiency

Traditionally, quality and compliance operations across the supply chain have run on manual, disconnected processes. Even where digitization occurs, the lack of standardization and centralization of data means that information sharing between key stakeholders is delayed and inconsistent. Access to accurate and trustworthy data is only possible when all stakeholders participate in the same network.

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Reducing Your Environmental Impact with Returns Technology

Reducing Your Environmental Impact with Returns Technology

Fast and easy product returns have become a staple of e-commerce: But what is the cost to our planet? Each return leaves a trail of carbon emissions while billions of pounds of returned products and packaging waste are filling up landfills. As businesses look for cost-effective opportunities to address their contributions to climate change, returns reduction provides multiple avenues for retailers to both support sustainability initiatives as well as recoup lost revenue.

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Why Returns Cost Businesses and the Environment

Why Returns Cost Businesses and the Environment

On Monday, April 12 at 11:00 am Eastern, Coresight Research is hosted a media and influencer lunch discussing our new report, Why Returns Cost Businesses and the Environment, on the far-ranging impacts of the pandemic on returns, and the importance of recognizing how returns and sustainability are intertwined.

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Fact or Fiction: What You Need to Know About Physical Retail

Fact or Fiction: What You Need to Know About Physical Retail

Have you heard the familiar narrative, “Another retailer shrinks their brick & mortar footprint”, “Ecommerce is the way forward” or “Physical is too expensive”? These are some of the prominent headlines occupying the narrative of the retail community today. But have these theories been tested? Are they proven? What should brands consider for the future of their store strategies when the pandemic caused a surge in ecommerce sales?

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Setting the Pace: Retail Trends to Watch in 2021

Setting the Pace: Retail Trends to Watch in 2021

With the relaxing of shelter-in-place restrictions happening across the US, more and more businesses are reopening and welcoming back excited shoppers. These cautious consumers are returning to restaurants, salons, and malls, but they remain selective in their outdoor activities, as e-commerce and online purchasing has generally held across sectors.

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Coresight Innovator Showcase: Innovation Across the Retail Value Chain

Coresight Innovator Showcase: Innovation Across the Retail Value Chain

In the current and post COVID-19 world, innovation is paramount; however, it can’t come at the cost of an organization’s efficiency. The accelerated digitalization and uptake of new technologies can help businesses thrive in the new normal. Coresight has tapped a global network of Innovators to curate 6 companies that are providing solutions to the most pressing topics in retail today.  

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Flowing Cross-Border: Ulla Johnson’s Journey into Global Expansion

Flowing Cross-Border: Ulla Johnson’s Journey into Global Expansion

It is projected that cross-border e-commerce will see impressive growth in 2021, outpacing that of domestic e-commerce. But many global brands still haven’t embraced the tailwinds driving the reality of cross-border.  In fact, the pandemic has been a primary driver inciting many brands with global ambitions to diversify their markets and adapt to new business models that look at commerce holistically, inclusive of international sales. Global e-commerce will continue to be an important channel to grow online sales as brands realize the competitive advantage it provides in attracting and converting international consumers.

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Solving Retail’s Most Expensive Problem: Digging Yourself Out From Under The Returns Avalanche

Solving Retail’s Most Expensive Problem: Digging Yourself Out From Under The Returns Avalanche

Retailers are facing an unprecedented returns season, fueled by the historic rates of e-commerce holiday sales in 2020. Join Deborah Weinswig as she interviews Newmine Founder and CEO, Navjit Bhasin and Mike Relich, Interim CEO of PSEB (PacSun Eddie Bauer) for a discussion on actionable ways to cope with the onslaught of returns and the associated operational challenges, as well as what you can do to prepare for the future and start reducing returns overall.

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Understanding the Full Revenue Impact of Retailer Ad Platforms

Understanding the Full Revenue Impact of Retailer Ad Platforms

As advertising dollars have shifted from traditional media to digital platforms or marketplaces operated by retailers, consumer product brands have speculated that there may be a ‘halo effect’ happening – boosting sales beyond the online retailers where the brand is advertising their products. While digital leaders understand many of the incremental benefits—like improving repeat purchases, social validation and offline sales, they still struggle to answer this question.

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