Managing a retail supply chain is often a complicated and time-consuming process. Over the past few years, abrupt changes in consumer demand have frequently left retailers with either an abundance of inventory or product shortages. Along with manufacturing and shipping disruptions, these … [Read more...]
The Homebody Economy: What It Is and How Businesses Can Leverage It
Is the desire to stay home here to stay? The pandemic and lockdowns were the catalysts that forced a large percentage of the population to do more from home than ever before. People were not only working from home; they were also shopping, exercising, eating, and consuming their entertainment from … [Read more...]
2022 Economic Outlook: The Effect on Businesses in a Midterm Election Year
The global economic recovery continues, and the 2022 midterm elections are still a year away. Still, with a contentious political landscape and predictions for record-setting ad spending, businesses are already looking to 2022 economic outlook forecasts to guide them as they plan future operating … [Read more...]
2021 Holiday Season Planning Starts Now
Rewards and recognition let your employees feel valued for their work and signify that you appreciate their efforts. Everyone has gone through a tremendous amount of disruption recently, and it’s more important than ever to show employees and customers gratitude. This year, the right gift might go … [Read more...]
Plan Ahead for Supply Chain Shortages
As businesses reopened their doors, consumers rushed through. The economic rebound in 2021 has been rapid. Still, the surge in demand that businesses saw as they reopened has also caused challenges as supply chain shortages and shipping delays affected global logistic networks. Hard-to-find items … [Read more...]