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How Hot Topic and Lamps Plus Mastered Inventory Management and More

Retail TouchPoints

Smart retailers are realizing that their increasingly complex omnichannel offerings have made strong supply chain management more important than ever. For our customers it’s all about breadth.” Hot Topic has found that predictability β€” not necessarily speed β€” is among the most important aspects of the customer experience.

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Business Growth through Digital Transformation: The Case of Premium and Luxury Brands

Retail Focus

Luxury brands aim to create a customer experience that is seamless and consistent across physical stores, online platforms, mobile apps, and social media. Luxury brands prioritise the customer experience in their digital transformation efforts.

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Trending The Rules: Top Retail Trends Are Trending At An Unprecedented Rate

Retail TouchPoints

Faster checkouts can reduce long lines conditioned by social distancing, while the greater cleanliness associated with contactless appeals to consumers reluctant to touch anything at the point-of-sale. Cybersecurity Finds Its Cheat Code. Increased e-Commerce resulting from new online lifestyles has left it floundering.

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Dropshipping: What it is & why it might be smart for your small business

Clover - Retail

Dropshipping is a type of supply chain management in which a retailer does NOT keep the product it sells in stock. Instead, when a customer orders the product, the retailer contacts their manufacturer or wholesale merchant–who keeps inventory of the product on-hand–and has the product shipped directly to the customer.

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Unlocking Retail Success: How BI Solutions Streamline the Supply Chain for Optimal Efficiency

RETAIL MANAGEMENT SOFTWARE

BI solutions provide a holistic view of the entire supply chain by consolidating data from multiple sources, such as point-of-sale systems, inventory management software, and customer relationship management tools.

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How Data Analytics is Impacting Retail in 2021

Independent Retailer

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. Tactics such as this can help draw in more customers and profits. Supply Chain Management.

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How Retailers Overcome Challenges of Seasonal Demand

365 Retail

.” Technology for Managing Seasonal Demand Technology plays a critical role in handling the seasonal demand as it helps with predicting trends and can inform decision-making and strategy-creation processes. Here are some possible solutions.