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Michaels Prepares Marketplace Offering to Offer More Than ‘Just Coupons and Discounts’

Retail TouchPoints

Michaels will launch a marketplace for third-party craft supply sellers, though no debut date has been set. The retailer also is currently seeking third-party solution providers in areas including payment processors, order management and shipping and fulfillment.

Payments 261
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How Enterprise Modernization and Artificial Intelligence are Charting a New Course for the Consumer Industry

Retail TouchPoints

Whether it’s the food and beverage sector, apparel and footwear or automobiles, direct-to-consumer businesses are grappling with the consequences of shifting consumer behaviors against the backdrop of an unpredictable global supply chain. These businesses find themselves at a demanding intersection.

Consumer 229
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Holiday Leftovers? Here are 4 Ways Sellers can Minimize Excess Inventory

Retail TouchPoints

Among them were unpredictable shipment of supplies and waning consumer demand that left many with excess inventory. Further, excess inventory can lead to lost revenue because products that are not sold quickly can become obsolete or go out of fashion. This is especially important in the wake of continued supply chain uncertainties.

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What is Order Management? The Enterprise Retailer’s Guide to Processing, Fulfillment, and More

Fabric

Order management is the process of efficiently handling and fulfilling customer orders from start to finish. The primary goal of order management is to ensure accurate and timely order processing, which involves streamlining everything from inventory management to payment capture to shipping coordination.

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9 Crucial Headless Commerce Trends to Watch In 2023

GetElastic

Mobile-first Strategy A mobile-first strategy is becoming increasingly important, regardless of your industry, in order to maximize both ease of use for your customers and revenue for your brand. These technologies can also automate back-end processes like inventory management and order fulfillment.

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What is Ecommerce?

AcquireConvert

Consumers browse these listings, make purchases, and complete transactions through payment gateways. The process includes order fulfillment and shipping logistics to deliver the purchased items to the customer’s doorstep. Sellers manage inventory and handle order fulfillment from their own warehouse.

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The Complete Guide to Omnichannel Fulfillment for Enterprise Retailers

Fabric

During the COVID-19 pandemic, enterprise omnichannel retailers faced notable challenges (and opportunities) due to disruptions in the supply chain. As a result, customers enjoy greater convenience, speed, flexibility, and more personalized fulfillment experiences.