Retail TouchPoints

OCTOBER 16, 2024

This development follows efforts by major brands like Wendy’s and Walmart to implement real-time pricing technologies, raising questions about AI and consumer protection, privacy, and fair practices. The Rise of AI in Retail Pricing The adoption of AI in retail pricing is accelerating.

Consumer 296

Consumer Retailing Pricing Inventory Management Promotions 296

Storis

SEPTEMBER 19, 2024

Customers are savvy researchers, and many are price-motivated. Embracing innovative solutions like digital price tags can be the game-changer you’ve been seeking to maintain dynamic retail pricing efficiently. Gone are the days of labor-intensive manual price changes that consume valuable time and resources.

Inventory Management 52

Inventory Management Promotions Management Consumer 52

Retail Focus

SEPTEMBER 7, 2021

The first affects stock inventory management. Planning localised levels of stock on a short-term basis can go some way to achieving this, while more accurate inventory forecasting can optimise reordering to reduce replenishment timescales. What is driving consumer returns? 3) Scale up scenario planning.

Inventory Management 147

Inventory Management Supply Chain Management Shipping Planning 147

Retail TouchPoints

AUGUST 17, 2021

Online retailers are using AI to create intent-based promotions. Computer vision can track products that consumers remove from the shelves and place in their cart. AI has a lot to offer grocery stores, especially in inventory management. AI tools reduce the lost inventory in one of two ways.

Checkout 301

Checkout Payment Services Customer Experience Inventory Management 301

Wiser

FEBRUARY 29, 2024

One crucial theme addressed during a recent Customer Panel hosted by Wiser Solutions concerned the deficit of labor resources within the retail sector. Panelists highlighted the frustration with labor scarcity in an environment where consumer demands and expectations are constantly evolving.

Shrinkage 78

Shrinkage Inventory Management Loss Prevention Consumer 78

Retail TouchPoints

DECEMBER 12, 2023

In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? Keeping in mind as well the need to optimize their supply chain fulfillment to meet consumer delivery expectations while managing parcel carrier costs?

Markdowns 273

Markdowns Retailing Pricing Promotions Fulfillment 273

365 Retail

SEPTEMBER 7, 2021

The first affects stock inventory management. Planning localised levels of stock on a short-term basis can go some way to achieving this, while more accurate inventory forecasting can optimise reordering to reduce replenishment timescales. What is driving consumer returns? 3) Scale up scenario planning.

Inventory Management 52

Inventory Management Supply Chain Management Shipping Planning 52