Remove 2022 Remove Inventory Management Remove Planning Remove Shipping
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#RSP22: Everything You Need to Know About Holiday 2022

Retail TouchPoints

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces.

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Preparing Your Warehouse Operations for the Holiday Rush

Retail TouchPoints

Having adequate inventory to ship is job one for any ecommerce business. Knowing how much of each item is in stock at any moment, and forecasting how much inventory is needed, are critical components to holiday fulfillment success. Another basic planning tenet is ensuring ample supplies are ordered for peak season.

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3 Expert Perspectives on Why Margin, Experience and Loyalty Will be Key to Winning Holiday 2022

Retail TouchPoints

Inflation and the threat of recession are defining aspects of the 2022 holiday season, but the potential bad news will do little to dampen a potentially successful — if not extraordinary — season. Retailers are planning to cut back in one area: marketing. This change can be attributed to retailers pursuing better inventory management.

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Is it Time for RFID to Shine?

Retail TouchPoints

billion passive RFID tags to be sold in 2023, up from 33 billion in 2022. Turning RFID Technology into Business Value According to IHL Group research, retailers already using RFID in 2022 saw 83% higher sales growth and 80% higher profits. As a result, IDTechEx expects 39.3

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How Retailers can Combat the Rising Threat of Theft

Retail TouchPoints

External Theft According to the NRF, shoplifting and other forms of external theft, including burglary, accounted for 37% of reported shrink in 2022. Optimize inventory management: Like damaged products and shipping errors, theft can negatively impact retail inventory management.

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6 Logistics Metrics that Determine a Brand’s Holiday Success or Struggle 

Retail TouchPoints

Accurate demand forecasting is the bedrock of efficient inventory management — a vital logistics function that should be operating at peak performance levels during the holiday shopping season when consumers expect the inventory they want to be available. 1: Demand forecasting. 2: Order cycle time. 3: Order accuracy.

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Supply chain confidence returning for retailers

Retail Focus

New research* by Advanced Supply Chain Group (ASCG) shows high confidence amongst 46% of retailers in supply chains normalising this year, whilst a third think 2022 will see some improvements in the timeliness and reliability of moving products.

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