According to Material Handling and Logistics, it’s important to have your warehouse ready to go, as an estimated 71 percent of American consumers plan to either head to the stores or shop online during the Thanksgiving holiday weekend, including Cyber Monday. This means you need to have streamlined operations in your storefronts, backrooms, warehouses and distribution centers in order to fulfill all the demand.
It’s also important to offer deals in order to stay competitive. The news provider points out that some retailers are offering their weekend promotions early in order to get foot traffic moving before the holiday weekend even hits.
However, Retail Dive reports that Cyber Monday is expected to be the big draw for the holiday shopping weekend, with the majority of dollars being spent on that day both online and in-store. If you have a multi-channel operation, it’s important to do as much forecasting as possible to plan to be smartly stocked both for online and in-store orders.
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