Black Friday

With Black Friday here today and Cyber Monday only 3 days away, it’s important to take a step back and identify what your supply chain needs to have a successful holiday shopping (and shipping) season.

Black Friday and Cyber Monday count among the most profitable shopping event days of the world, numerous online businesses strive to attract customers by offering special deals and incredible discounts, but once sold all those orders logistically speaking have to be delivered.

According to the National Retail Federation’s Cyber Monday Expectations Survey conducted by Prosper Insights & Analytics over the weekend, 122 million Americans plan to shop online on Cyber Monday, up from the 121 million who planned to participate last year.

Exceptional savings and promotions encouraged more consumers to shop over the holiday weekend, with more than 154 million consumers shopping over Thanksgiving weekend, up from 151 million shoppers in 2015.

$1.2 Billion Spent via Mobile Devices; Top Selling Products Include Apple iPads, Samsung 4K TVs and Lego Creator.

Working well in advance with a supply chain expert helps minimize the potential for disaster and ensures the Black Friday and holiday season supply meets the demand.

Black Friday may be one day a year, but the lessons learned about the limits of the current supply chains and possible creative solutions to address given limits are invaluable year-round.

In what could possibly viewed as a late in the year jump-start for the economy, the National Retail Federation (NRF) said that Thanksgiving and Black Friday holiday spending—in stores and on the Web—hit historic highs.