Leaner Holiday Supply Chains
As inflation impacts consumer spending power, retailers and supply chain leaders are doubling down on efficiency for the holiday season. A survey reveals that 85% of consumers are prioritizing discounts, and many retailers (around 70%) are committed to offering promotions to boost holiday sales. However, the supply chain side is evolving, with 61% of executives introducing new tech to cut costs and optimize operations. This shift is crucial, given that 44% of retailers plan to reduce seasonal hires, focusing instead on automation and workforce realignment to handle peak demand. Additionally, 58% of supply chain leaders are increasing their workforce for smoother omnichannel operations.
With just 27 days from Thanksgiving to Christmas, holiday shopping is more condensed, prompting early planning among shoppers. In response, TLC is leveraging similar efficiencies, prioritizing seamless service, cost-effective solutions, and dependable deliveries to align with customer expectations. Contact us today to navigate this leaner, faster-paced holiday supply chain.
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