The continued growth of e-commerce; the proliferation of SKUs for online order fulfillment; consumer preference for omnichannel integration; and the changing role of the retail store — all are well-established trends in the retail market in 2017. For more than a decade, retailers have watched these trends evolve and tried to adapt their fulfillment operations to meet changing consumer demands. And as online growth continues to outpace non-web growth, favorable demographic tailwinds are poised to brace this ongoing evolution.
Intelligrated will report on the state of e-commerce and other key retail trends in our next On The Move webinar. Hosted by Jerry Koch, Intelligrated’s vice president, product management, the webinar will discuss how the increasing complexity of the flow of goods is creating a disruption in traditional retailer supply chains. Jerry will examine the near- and long-term implications of the latest trend data, including:
- From 2013–2018, online growth is projected to outpace non-web growth: 13% vs. 3%
- 2015 e-commerce sales grew 14.6% to $341B; projected to eclipse $530B by 2020
- Omnichannel consumers are driving the investment in fulfillment operations by brick-and-mortar and e-commerce retailers
- Retail and manufacturing distribution strategies are evolving to serve consumers in population centers (megacities)