Remove 2020 Remove Inventory Management Remove Markdowns Remove Planning
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7 Expert Tips Guaranteed to Reduce Inventory Costs (2020)

Retalon

More expensive than real estate, merchandising, or even labor — inventory is the largest investment your company makes. But getting the biggest return on that investment, especially in today’s tough retail environment, requires a more nuanced, data-driven approach to inventory management than most retailers are used to.

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Mi9 Retail and Planalytics Partner to Improve Demand Forecasting Accuracy and Increase Profitability for Retailers by Incorporating Weather Analytics

M19 Retail

MIAMI, FLORIDA, March 22, 2021 – Mi9 Retail, the number one vendor for tier one retailers (RIS 2021 Software LeaderBoard) that enables them to automate and optimize merchandise management and retail planning is pleased to announce a strategic partnership with Planalytics, the leading provider of weather-informed demand analytics and insights.

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5 Major Retail Digital Transformations to Watch For in 2021

Retalon

Although e-commerce gets all of the attention, the past two decades of technological change have transformed every aspect of the retail business — from planning, inventory, pricing, and promotions — all the way down to customer service and the in-store experience. to optimize inventory for gross margins.

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An Overview of how the BOPIS Retail Strategy is Transforming the Industry (2021)

Retalon

Major retailers survived 2020 by transforming how they got their products into customers’ hands. Instead of only shipping to customers’ homes, retailers let online customers shop from their local and online store’s inventory and pick up their orders from their closest brick-and-mortar location the same day. Secure order pickup.

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4 Critical Steps for Optimizing Omnichannel Order Fulfillment in 2021

Retalon

At its most basic, it only requires integrating live inventory counts from your ERP / inventory management software with your e-commerce platform, ensuring customers can get accurate information about which store has the items they’re looking for (or give them the option to ship to store).

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Key Tips for Leveraging Personalization in the Retail Industry

Retalon

So, how can you juggle concerns like forecasting, inventory management, distribution, fulfillment, and more against the growing demand for personalization, all while continuing to create the consistent experience customers expect ? There are, of course, challenges to overcome with real-world and e-commerce personalization.

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Online vs. Offline Retail – Blurring the Line between Bricks and Clicks

Retalon

Finding the right Retail AI and Predictive Analytics solutions can help you to plan for success in the modern retail marketplace in a variety of ways, whether your brand subscribes to bricks, clicks, or both. – Inventory management. – Merchandise, Assortment, and Store planning. – Inventory needs.