The 2020 holiday looks different for retailers. The year has had many challenges due to the coronavirus pandemic, which has affected many things. One of the areas that have been affected substantially is the supply chain. However, despite the challenges,  sales are projected to increase this year, considering many people have opted to purchase products from e-commerce platforms instead of using brick-and-mortar stores. As the number of e-commerce orders rises, there will be an increase in the type of services, including last-mile package deliveries and transportation and inbound shipment of items, among others. This calls for careful planning and change of strategy in supply chain management.

According to Supply & Demand Executive, Retails Solutions, a supply chain solution, has been acquired by IRI. 

IRI announced that it has acquired Retail Solutions, Inc. (RSi), the leading provider of supply chain solutions for CPG manufacturers and retailers. 

Almost everybody has found their plans mired in the coronavirus. From the retailers whose sectors they depend on have been closed down to holidaymakers whose travel plans have been limited, everyone has been left thinking of what will happen next. Most people have been forced to change their plans while others have halted them completely. As the holiday season gets closer, many retailers will soon start planning their 2020 season, if they have not begun already. While people in this industry have had it easy to forecast and diligently plan for such seasons and execute the holiday campaigns accordingly in the past, this year is a difficult one considering the challenges occasioned by the COVID-19 pandemic.

In response to the Covid crisis many retailers and their partners are looking for technology that will make the value chain more agile, reports My Total Retail.

The COVID-19 pandemic is a once-in-a-century event that will likely change shopping patterns in ways we couldn’t have predicted even as recently as 2019. However, the virus is just the latest disruptive force in an already risky global retail environment.