Inside Retail

AUGUST 16, 2022

Online sales grew 44 per cent to $601 million with click-and-collect accounting for 55 per cent of online sales — surging 73 per cent to $332 million. For the year to July 2, the business says sales grew 2.8 per cent to $3.55 billion although tax-paid net profit fell 20 per cent to $244.1 Sports retail subsidiary Rebel’s sales increased 1.3

Supply Chain Management 246

Supply Chain Management Net Profit Wholesale Apparel 246

Retalon

MAY 17, 2024

While nearly three-quarters of all retailers still rely on simple, and consequently limited, tools such as Excel spreadsheets, the integration of AI-driven technologies in supply chain management is revolutionizing how demand forecasting for forward-thinking retailers. What is supply chain demand forecasting?

Supply Chain Management 41

Supply Chain Management Inventory Management Management Promotions 41

Inside Retail

JANUARY 30, 2024

“This collaboration results in an enriched suite of logistics and supply chain services, encompassing not just warehousing and inventory management, but also comprehensive transportation and last-mile delivery solutions,” he added.

Merchant Services 130

Merchant Services Inventory Turnover Inventory Management Supply Chain Management 130

LS Retail

AUGUST 1, 2023

With more than 10 years of experience, Kasia’s professional expertise includes expatriate taxation, international payroll reporting, global mobility policy and managing diverse teams within and outside the United States.

Supply Chain Management 68

Supply Chain Management Planning Accounting Returns 68

365 Retail

DECEMBER 8, 2021

According to Google, online sales throughout November and December can account for up to 30% of a company’s annual sales, while peak shopping dates such as Black Friday deliver upwards of three times more traffic for online retailers. Minimising disruption during peak. The power of automation . Saving you more than pounds and pence.

Inventory Management 52

Inventory Management Management Fulfillment Supply Chain Management 52

Retail TouchPoints

MAY 2, 2022

Consumers have started taking sustainability into account when deciding what to buy and where to buy it. Dedicated software using machine learning can also factor in supply chain management, marketing and other relevant business operations to provide better insights about what products are needed where, and when.

Drop-Shipping 307

Drop-Shipping Returns Supply Chain Management Shipping 307

Inside Retail

NOVEMBER 29, 2021

Supply chains were invisible – pulled, twisted, and managed by retailers in such a way that shelves were always full. This is particularly true for retail supply-chain management. More accurate supply-chain models. Consumers never cared how those products got there, just that they were there.

Supply Chain Management 130

Supply Chain Management Customer Experience Planning Consumer 130

Inside Retail

SEPTEMBER 20, 2023

The digital factor According to Wat, customers now enter 90 per cent of their orders digitally, while off-premise consumption, which is a combination of delivery and takeaway, accounts for over 60 per cent of sales. While the company already has 445 million customers , there are at least 1 billion more who are still up for grabs.

Supply Chain Management 130

Supply Chain Management Planning Accounting Store Operations 130

Inside Retail

SEPTEMBER 20, 2023

The digital factor According to Wat, customers now enter 90 per cent of their orders digitally, while off-premise consumption, which is a combination of delivery and takeaway, accounts for over 60 per cent of sales. While the company already has 445 million customers , there are at least 1 billion more who are still up for grabs.

Supply Chain Management 130

Supply Chain Management Planning Accounting Store Operations 130

Retail TouchPoints

SEPTEMBER 14, 2023

“When you’re talking about same-day or next-day delivery and the last mile, it’s not only the labor and equipment needed to move it; it’s also inventory positioning,” said Matt Katz, Managing Partner at SSA & Co. in an interview with Retail TouchPoints. Unemployment is at 3.5%

Fulfillment 237

Fulfillment Shipping Supply Chain Management Consumer 237

Inside Retail

AUGUST 16, 2022

Offering exceptional storage density, high throughput, enhanced sustainability and improved accuracy and productivity, these systems are helping warehouse operators and supply chain managers deal with SKU growth, fluctuations in demand and changing customer expectations.

Supply Chain Management 130

Supply Chain Management Accounting Management Marketing 130

Retail TouchPoints

MAY 30, 2022

When supply chains are fragmented and managed manually, the stress on them can create gaps in critical production details from sizing to quality. Circling back into the feedback loop, manual supply chain management can contribute to product inaccuracies, thus further heightening the levels of returns.

Returns 291

Returns Fashion Supply Chain Management Shopping 291

Retail TouchPoints

FEBRUARY 10, 2022

30% of the full-time supply chain workforce are people of color, but only 9% of supply chain VPs are people of color. 41% — about three of every seven — supply chain organizations have no plans to improve D&I. Invest in a supplier management solution. Current State of Diversity Efforts.

Supply Chain Management 224

Supply Chain Management Management Consumer Planning 224

Retail TouchPoints

DECEMBER 18, 2020

Consumers’ increased desire to stay home has contributed to the shift as well, accounting for the rise of online shopping during coronavirus. The supply chain has faced fulfillment challenges from this influx of online orders, along with a myriad of crisis-related disruptions including: Long wait times at warehouse depots.

Supply Chain Management 246

Supply Chain Management Customer Retention Fulfillment Shipping 246

Inside Retail

SEPTEMBER 19, 2022

The retail and wholesale businesses accounted for a roughly even split of the company’s 219.6 Year-on-year sales growth on the retail side, which is now mostly accounted for by Lotus’s, is not available, since the base period was prior to the Lotus’s acquisition. billion baht ($9.4 billion) in sales through the first half of the year.

Wholesale 130

Wholesale Supermarket Accounting Supply Chain Management 130

Retail Minded

MAY 15, 2024

Consultants provide regulatory compliance guidance, ensuring data management practices adhere to standards like GDPR, HIPAA, and PCI-DSS, reducing the risk of costly penalties. Develop long-term IT risk plans : They help you create a roadmap to continuously monitor and manage IT risks as your technology landscape evolves.

Payment Services 52

Payment Services Supply Chain Management Management Planning 52

Inside Retail

JULY 5, 2021

With retail business leaders increasingly focusing on their supply chain management, here are three ways they can “unbound” their supply chains. Not only does the last mile account for approximately 53 per cent of all shipping costs, but it’s also when customers are most demanding of timeliness and cost-efficiency.

Fulfillment 246

Fulfillment Supply Chain Management Shipping Accounting 246

Retail Focus

APRIL 4, 2024

Expert Manager at Univers Retail | Ephemeral Retailing Specialist | Published Author | Speaker In the dynamic and ever-evolving landscape of contemporary business, the concept of digital transformation has emerged as a pivotal force shaping industries and strategies at an unprecedented pace. Ghalia BOUSTANI.

Clienteling 147

Clienteling Supply Chain Management Customer Experience Consumer 147

RETAIL MANAGEMENT SOFTWARE

JANUARY 27, 2021

Manage employee sales performance – Because home decor retailers typically deal with high-end ticket items, you must ensure your employees are compensated fairly for the work they do. That’s why tracking and managing sales performance is so important in cross-channel retail. How well do you know them?

Supply Chain Management 57

Supply Chain Management Point of Sale Fulfillment Accounting 57

RETAIL MANAGEMENT SOFTWARE

JANUARY 27, 2021

Manage employee sales performance – Because home decor retailers typically deal with high-end ticket items, you must ensure your employees are compensated fairly for the work they do. That’s why tracking and managing sales performance is so important in cross-channel retail. How well do you know them?

Supply Chain Management 52

Supply Chain Management Point of Sale Fulfillment Accounting 52

Retail Minded

AUGUST 25, 2022

” McKell recommends managing cash flows to minimize the impact of unforeseen stockouts. In addition, good cash flow management will help you predict inventory needs, minimizing the chances of a preventable stockout. The bottom line is: Stockouts often begin due to inefficient cash flow management. Stress Test Forecasts.

Finance 97

Finance Supply Chain Management Management Accounting 97

Retail TouchPoints

JANUARY 14, 2021

When’s the last time you took an inventory of your supply chain management technologies? McCord has over 18 years of food retail experience, holding roles in merchandising, account management, and category management departments. Consider new technologies.

Supply Chain Management 192

Supply Chain Management Finance Employee Engagement Management 192

365 Retail

DECEMBER 1, 2023

AI-relevant product categories such as Analytics, ERP and supply chain management will also be focal themes at EuroCIS again in 2024. In future, the software group will integrate AI assistants in the complete cloud-based SAP portfolio from HR to finance, supply chain management, purchasing and customer journey.

Supply Chain Management 52

Supply Chain Management Finance Accounting Management 52

Inside Retail

APRIL 25, 2023

This can be seen by the adoption of QR codes – the use of which accelerated amid Covid-19 restrictions – self checkout in supermarkets and autonomous mobile robots, which are being utilised by major retailers for (among other things) logistical, supply chain and other inventory management tasks. The scenarios are endless.

Shopping 130

Shopping Payment Services Inventory Management Supply Chain Management 130

Inside Retail

NOVEMBER 28, 2022

Now, the company aims to create its own e-commerce supply-chain system, incorporating warehousing, transportation, delivery, returns management and, of course, analytics on user behaviour and shopping habits. Because to compete, retailers must deliver on customer experience in an entirely new way. Higher customer expectations .

Social Commerce 130

Social Commerce Merchant Services Payment Services Fulfillment 130

Clover - Retail

APRIL 18, 2024

Dropshipping is a type of supply chain management in which a retailer does NOT keep the product it sells in stock. That could mean a faulty or damaged product is sent to your customer, so be sure to craft a return or exchange policy that accounts for potential problems in the manufacturers/wholesale merchants’ processes.

Merchant Services 52

Merchant Services Drop-Shipping Payment Services Wholesale 52

Retail Minded

JANUARY 1, 2024

Even if we weed out retail theft, there are still many other reasons for profit losses, from inflation to escalating costs to retailers’ inability to accurately predict consumers’ demands and manage inventory. From account type to competitor products to sales activity, these recommendations encompass all the relevant factors.

Supply Chain Management 52

Supply Chain Management Inventory Management Consumer Management 52

Retail Minded

MARCH 2, 2022

Walmart’s back-office manages millions of accounts receivable and millions of employee payrolls. Accounting And Finance. Invoice and order processing, cash flow management, account reconciliation, record to report cycles, and many other tasks can be managed with robotic process automation.

Payment Services 52

Payment Services Inventory Management Promotions Accounting 52

RETAIL MANAGEMENT SOFTWARE

OCTOBER 22, 2020

Meanwhile, the savviest retailers have also revamped their end-to-end eCommerce experience to include better data and visualization techniques by combining smart merchandise retail store management software tools with web friendly and augmented reality applications, as well as fast and flexible payment and fulfillment options.

Payment Services 61

Payment Services Drop-Shipping Shipping Point of Sale 61

Retail Prophet

MARCH 7, 2024

Creative approaches to everything from supply chain management, marketing, and sales to store design and even legal and accounting work, offered breakout competitive opportunities for companies to accelerate beyond their rivals.

Supply Chain Management 40

Supply Chain Management Accounting Management ATS 40

Independent Retailer

APRIL 20, 2021

Foot traffic, point of sale (POS) systems, website traffic, social media engagement, pricing, competitor behavior, and consumer trends all produce a form of data that retailers can take into account for informed decisions. Supply Chain Management. Tactics such as this can help draw in more customers and profits.

Supply Chain Management 77

Supply Chain Management Advertising Point of Sale Customer Experience 77

Retail TouchPoints

OCTOBER 28, 2022

Every business has a number of core processes, units and departments that each function as vital cogs in the machinery, including manufacturing, order management, purchasing inventory, accounting, human resources, financial management and so much more. What Should you Look for in your Retail ERP System? That is not all.

Supply Chain Management 246

Supply Chain Management Inventory Management Management Accounting 246

365 Retail

JUNE 17, 2022

I’m glad to be here, to talk to vendors and see what solutions are available to our industry” confirmed Darija Pizent, Director of Supply Chain Management, Atlantic Grupa. Sustainability – a necessity to survive .

Supply Chain Management 52

Supply Chain Management ATS Fashion Fulfillment 52

365 Retail

NOVEMBER 13, 2023

Yet potentially it can be a very rewarding period for sales if forecast and managed correctly. It’s imperative for every forward-thinking retailer to not just understand, but also manage seasonal demand. Adjustments must often be made to account for factors like weather and global events.

Inventory Management 52

Inventory Management Management Planning Drop-Shipping 52

Retail Next

FEBRUARY 11, 2020

The rise of e-commerce has encouraged businesses to rethink how they communicate with consumers and manage their supply chains. Amazon has taken it up a notch by employing delivery drones to deliver packages to people’s doors while accounting for weather conditions. And fortunately, the best is still yet to come.

Shipping 59

Shipping Drop-Shipping Payment Services Supply Chain Management 59

Retail TouchPoints

OCTOBER 5, 2020

Best Logistics/Supply Chain RFID Implementation Lockheed Martin , which utilizes RFID to improve accountability in its everyday operations, as mandated by the U.S. Patent and Trademark Office , which employs RFID to reduce the time, money and workload involved in managing assets and conducting inventory counts.

Supply Chain Management 272

Supply Chain Management Accounting Management Consumer 272

Retalon

JULY 30, 2019

5. Self-managed fulfillment. This approach also provides retailers with the ability to work more granularly and account for more factors that influence demand across all channels of their business. Inventory Management Challenges. 4. Pick-up outlets.

Fulfillment 32

Fulfillment Drop-Shipping Shipping Supply Chain Management 32