Day: November 14, 2024

SKU management isn’t easy to navigate for fast-paced fashion brands. Inventory management, and apparel logistics can be notoriously complicated, thanks to the wide range of product variations (different sizes, colors, and styles) they need to manage. It’s easy to make mistakes that can lead to stockouts, mis-picks, and other costly errors that frustrate your customers and harm your brand’s reputation. In fact, one report found that the apparel industry has among the highest out-of-stock rates of any sector, thanks largely to the complexity of SKU management. Another found that fashion retailers can miss out on about $1 trillion in sales due to stockout issues.…

The Link Between Fast Shipping and Customer Retention Fast delivery meets customers’ high expectations. Over 80% of shoppers say they’re more likely to purchase from brands offering same-day shipping, and 66% of U.S. consumers expect free two-day delivery. Fulfilling these demands is essential to remain competitive, as slow delivery times can drive customers to shop elsewhere.Quick and reliable shipping reassures new customers, creating a positive first impression. As trust builds, customers are more likely to return, increasing their lifetime value. A consistent track record for fast delivery keeps customers loyal and helps fashion brands differentiate themselves. For instance, ASOS has…