One of many greatest challenges retailers face at the moment is transporting product from a distribution centre or retailer to its last vacation spot — also called final mile supply. Whereas initially, it could appear a easy process, to finish it, there are a number of elements retailers should deal with, together with product storage and delivery (whether or not it’s in models or delivery straight from factories), bundle monitoring providers and extra.
The stakes — and shopper expectations — are excessive, because of e-commerce behemoths like Alibaba and Amazon which have set the usual for final mile with their huge logistics operations geared up with refined expertise that permits for each value chopping and quick supply.
“You might lose clients with each misstep,” stated BoF correspondent Cathaleen Chen.
Within the newest #BoFLIVE occasion, Chen and BoF’s deputy editor Brian Baskin unpack Chen’s case examine, Fashion’s Last Mile Opportunity with Liam Younger, founder and chief govt of Harper Concierge, a luxurious final mile service supplier, and Laura Behrens Wu, founding father of Shippo, a delivery software program for e-commerce companies.
To take part in #BoFLive, BoF’s digital occasions collection providing perception, recommendation and inspiration, visit our calendar the place you’ll find particulars of upcoming digital occasions.
https://www.businessoffashion.com/movies/retail/video-cracking-the-last-mile-opportunity | Cracking the Final Mile Alternative | Video