Are you looking for ways to enhance your retail fulfilment capabilities and stay ahead of the competition? Then you don’t want to miss what happened at the Retail Fulfilment Summit, where stockinstore® joined forces with Starshipit to showcase store fulfillment and optimised shipping solutions.
The summit brought together industry experts, retailers, and technology providers to discuss the latest trends and strategies in omnichannel fulfilment. The panel discussion featured Andrew Maver, CEO of stockinstore, alongside Sofia Newcombe (Starshipit), Sven Karlsson (Associated Retailers Limited), and Helena Gabanski-Sykes (Alquemie Group).
During the panel discussion, they shared their insights on how Toyworld Australia leverages its 125+ stores with omnichannel fulfilment, the challenges retailers face, and the solutions to overcome them. The panel discussion was enlightening, with some key takeaways that we’d like to share with you.
Retailers Are Facing Similar ChallengesOne of the most significant takeaways from the summit is that retailers are facing similar challenges when it comes to fulfilment. This revelation is a relief for many retailers who thought they were the only ones facing such challenges. From legacy systems to complicated tech stacks, retailers are struggling to keep up with the demands of modern-day fulfilment.
Tech Stacks Are More Complex Than EverRetailers are also discovering that their tech stacks are more complicated than ever before. This complexity is because legacy systems cannot keep up with the speed of modern-day fulfilment. The panelists agreed that it’s time for retailers to start using the best solution providers in their field and keep it simple.
Missed the event?
Climate Is No Longer Just TalkAnother significant takeaway from the panel discussion is that climate change is no longer just talk; it’s time to take action. Retailers need to consider sustainability when it comes to fulfilment. They need to reduce their carbon footprint and be environmentally responsible.
Data Is KeyLastly, the panelists emphasized that data is the competitive advantage that will make it or break it for retailers. The more data a retailer has, the better they can serve their customers. Retailers need to leverage data to optimize their fulfilment capabilities and gain a competitive edge in the market.
Overall, the Retail Fulfilment Summit was a huge success for stockinstore and its partners. The panel discussion was engaging, and attendees learned a lot about the challenges retailers face and the solutions to overcome them.
If you missed the event, don’t worry! We are more than happy to catch you up and talk about our omnichannel solutions. Get in touch with us today to learn more.