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Why Data Will Drive the Future of Inventory Management

Retail TouchPoints

According to figures from Adobe, online shoppers faced 60 billion out-of-stock messages from March 2020 to February 2022. Effective inventory management plays a vital role in this — and data-led solutions can make a real difference here. In the years to come, AI will prove extremely useful in supply chain management.

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How to Revolutionize Inventory Management

Independent Retailer

Consumers encountered 60 billion out-of-stock messages from online retailers between March 2020 and February 2022, according to Adobe. As manufacturing and supply chain disruption increases, retailers must optimize inventory management to give customers a better experience. Common Inventory Management Headaches.

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How to Win in the Real-Time Holiday Retail Era

Retail TouchPoints

Americans spent more money online during the 2020 holiday season than previously, with revenues growing 32% year-over-year and exceeding $188.2 Furthermore, a global supply chain crisis and labor shortages are likely to limit the ability to keep stores stocked throughout the fall holiday shopping season and spur increased consumer demand.

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How to scale-up to satisfy fast-growing e-commerce sales

365 Retail

Paul Taylor, chief operating officer at international fulfilment services provider fulfilmentcrowd, looks at how e-commerce retailers can effectively scale-up, so that demand doesn’t outpace supply. This remains up on February 2020 when, prior to COVID-19 impacting the UK, the proportion of online sales stood at 19.8%.

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How to scale-up to satisfy fast-growing e-commerce sales

365 Retail

Paul Taylor, chief operating officer at international fulfilment services provider fulfilmentcrowd, looks at how e-commerce retailers can effectively scale-up, so that demand doesn’t outpace supply. . This remains up on February 2020 when, prior to COVID-19 impacting the UK, the proportion of online sales stood at 19.8%. .

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How Mistakes in Fulfillment Strategy are Hurting Your Retail Business

Retalon

Inventory Management Challenges. Heading into 2020, efficient and successful retailing requires multiple retail teams working together in unison to execute accurate forecasts as well as integrate plans with operations and execution.

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Health crisis: what impact on supply management in points of sale?

M19 Retail

For all of these reasons, supply management is one of the current priorities of many retailers, the health crisis having served as an accelerator. Contact Us if you’d like to discuss how we can help you adapt your physical store model and improve your supply chain management processes to accommodate today’s changing landscape.