The new world of retail - are you a pioneer?

October 2018
The new world of retail - are you a pioneer?

In a digital world the changes to the retail industry in the 21st Century are best explained through our own behaviours. With over 80% of all access to the internet now via mobile phones, it is likely that you shop via your phone, use a search engine to compare costs and maybe visit a store to make the purchase.

What is more likely is a click through to Amazon or Ebay to complete the final transaction for an expected next day delivery.

A proliferation of choice, technology and greater demands on your time means that you probably want the top class brand at a better price and of course, delivered yesterday.

As the behaviour of the customer changes so too must the behaviour of the retailer – and the supply chain partner.

Supply chain management through strategically positioned distribution centres (DC’s) are becoming the new retail and wholesale route to market.

Suppliers are increasingly channelling goods through regional DC’s and avoiding traditional market based distributors and retailers, answering the demands of the final user for cheaper goods, delivered quickly. 

TCB Group has been pioneering this supply chain revolution for over 11 years in their UK and European hubs, enabling Singaporean clients to manage stock holdings in the UK from their lap tops or hand held devices from anywhere across the world. 

The UK is one of the most important trading hubs in Europe, given its long history of internationalism and London’s position as an international financial centre it is the perfect hub connecting foreign companies doing business throughout the UK and Europe.

TCB Group’s remote inventory platform in the UK enables our clients to hold inventory closer to their UK and European customers, ensuring that they receive orders quickly and efficiently; levelling the playing field between them and their European based competitors.

Inventory visibility via our online client platform means that you always have visibility of current inventory, export orders, current pick progress and much more. Other niche services include:

  • Consignment stock management
  • Vendor managed inventory (VMI)
  • Consolidation services

It is important to remember that despite a world of change in the retail world, the customer still wants the best possible service.

We all do. 

Everyone has a part to play in making that transactional experience memorable.

To find out how TCB Group can help add value to your supply chain, email sales-sg@tcbfreight.com

 
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