Retail TouchPoints

JUNE 14, 2021

Rite Aid has promoted Andre Persaud to the role of Chief Retail Officer. In his prior role, Persaud oversaw Rite Aid’s inventory and supply chain management, field team management, store operations, asset protection and facility maintenance and repairs. and Canada.

Supply Chain Management 245

Supply Chain Management Store Operations Management Promotions 245

Retail TouchPoints

JANUARY 30, 2024

The role of such a committee — consisting of individuals from different departments and backgrounds — extends from supply chain management to customer interaction. Promote Transparency in AI Processes Transparency in Gen AI processes is essential for building and maintaining customer trust.

Customer Experience 307

Customer Experience Supply Chain Management Promotions Advertising 307

Retail TouchPoints

JANUARY 20, 2022

The team also will help Indian sellers meet standards for creating new international product lines and enhance their capabilities in packaging, marketing and supply chain management. The platform includes tools to help streamline operations and manage promotions and feedback.

Merchant Services 276

Merchant Services Supply Chain Management Sporting Goods Jewelry 276

Inside Retail

FEBRUARY 26, 2024

Set benchmarks for inventory management, including the rate of inventory turnover and tracking and fill rate. Continue to review minimum stock limits and develop contingency plans should supply issues emerge. Pricing and promotional strategies will be vital as consumers are more cost-conscious.

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

Wiser

DECEMBER 20, 2023

Data can help identify the promotional strategies that resonated with consumers, the products that flew off the virtual shelves, and the ones that didn’t. This digital convenience was furthered by promotional campaigns and expansive product availability, drawing in a wider customer base.

Retail Trends 147

Retail Trends Promotions Supply Chain Management Consumer 147

Mass Relators

JUNE 14, 2021

Since joining Rite Aid, Persaud has overseen the company’s inventory and supply chain management, field team management, store operations, asset protection, and facility maintenance and repairs. The post Rite Aid promotes Andre Persaud to chief retail officer appeared first on MMR: Mass Market Retailers.

Promotions 52

Promotions Supply Chain Management Store Operations Management 52

Retail TouchPoints

AUGUST 17, 2023

Enhanced supply chain management : Harnessing the power of diverse datasets, AI serves as a catalyst for supply chain transformation, streamlining order fulfillment, enhancing logistics efficiency, fine-tuning demand forecasting and automating routine tasks.

Consumer 205

Consumer Payment Services Supply Chain Management Store Layout 205

Retail TouchPoints

FEBRUARY 28, 2024

Different departments can collaborate more easily and work toward a common understanding of the data, promoting better decision-making. Supply Chain Management model: This model helps retailers manage their supply chain by tracking inventory levels, logistics and supplier performance.

Inventory Turnover 200

Inventory Turnover Supply Chain Management Store Layout Marketing 200

Inside Retail

JULY 6, 2022

Supply chain disruption may have become a singularly hot topic in retail circles these past years, but a focus on improving supply chain planning and forecasting is far more than just a passing trend.

Planning 130

Planning Supply Chain Management Markdowns Management 130

Retail Focus

JANUARY 5, 2024

Luxury brands must manage this amalgamation of technology and traditional retail to create an experience that satisfies their discerning clientele. To effectively manage this transition , several key strategies should be considered: Integrate, Don’t Replace : The key is to use technology as an enhancer, not a replacement.

Customer Experience 147

Customer Experience Supply Chain Management Clienteling Management 147

RETAIL MANAGEMENT SOFTWARE

JANUARY 16, 2024

Utilizing these channels is crucial for customer connection, product promotion, and sales boost. Deals and Promotions: Consumers are increasingly seeking value for their money. Retailers are responding by offering exclusive deals, promotions, and loyalty programs, fostering a sense of excitement and value among their customer base.

Retail Trends 98

Retail Trends Payment Services Social Commerce Supply Chain Management 98

Retail Focus

SEPTEMBER 7, 2021

Supply chains must be agile enough to cope with unexpected gaps in workforces, which involves two levels of contingency planning. The first affects stock inventory management. The most efficient and effective supply chains embrace uncertainty – something that’s turbocharged during planning for peak.

Inventory Management 147

Inventory Management Supply Chain Management Shipping Planning 147

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 TouchPoints

MARCH 21, 2022

Or a customer receives immediate, personalized product promotions and recommendations the moment they walk in a store, creating a truly customized experience. Imagine a retail location where customers using an AR-powered mirror can see how clothing looks on them without ever entering a changing room. 5G can Drive Consumer Engagement.

Payment Services 244

Payment Services Checkout Supply Chain Management Customer Experience 244

Retail TouchPoints

MARCH 30, 2022

Whether it is training associates on more efficient ways to shop for an order or educating them on how to manage an automated system that picks and packs the order, we’re proud of the opportunity to upskill our associates with regards to last mile work. “. The focus on employees stretches beyond basic tasks.

Fulfillment 257

Fulfillment Drop-Shipping Supply Chain Management Grocer 257

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 7, 2023

By analyzing historical sales data, seasonality, and external factors such as weather and social trends, AI algorithms can help businesses make informed decisions about inventory management, pricing, and marketing strategies. Supply Chain Efficiency AI is also transforming supply chain management in the retail and CPG industries.

Marketing 95

Marketing Inventory Management Supply Chain Management Store Layout 95

Inside Retail

SEPTEMBER 20, 2023

Through the supply chain management dashboard, the company can also monitor core suppliers, logistics and store data, enabling more intelligent decision-making. Zhang said that generative AI will also be used for employee recruitment, training, evaluation, promotion and store operations.

Supply Chain Management 130

Supply Chain Management Planning Accounting Store Operations 130

Inside Retail

SEPTEMBER 20, 2023

Through the supply chain management dashboard, the company can also monitor core suppliers, logistics and store data, enabling more intelligent decision making. Zhang said that generative AI will also be used for employee recruitment, training, evaluation, promotion and store operations.

Supply Chain Management 130

Supply Chain Management Planning Accounting Store Operations 130

Retail TouchPoints

NOVEMBER 18, 2021

Optimized supply chain management to avoid stockouts and overstocking. Successfully optimizing the digital supply chain also can result in more efficient order fulfillment, cost management and forecasting across the business. A fast, flexible and responsive fulfilment process. Expect the Unexpected.

Supply Chain Management 223

Supply Chain Management Fulfillment Shipping Inventory Management 223

Retail TouchPoints

MAY 26, 2022

Dr. Thomas Goldsby , Professor and Chair in Logistics in the Supply Chain Management Department of the University of Tennessee , revealed some of the less obvious reasons for rising prices, the virtues and limitations of “nearshoring” via domestic supply chains and the prospects for supply chain improvements during holiday 2022 and into 2023.

Promotions 261

Promotions Supply Chain Management Consumer Shipping 261

Retail Assist

JUNE 22, 2023

Successfully managing a retail supply chain can be a daunting task, but with the right tools and software, it becomes a seamless process. It addresses the pain points of inventory management, logistics, and data overload by providing unparalleled visibility across your entire supply chain.

Payment Services 52

Payment Services Markdowns Inventory Management Supply Chain Management 52

I Vend

MARCH 6, 2023

Thirdly, in terms of business processes, AI drives the biggest benefits in supply chain management and in sales and marketing – two functions that are at the very core of retail. Personalised promotions – customer profiling will enable retailers to deliver highly tailored personalised promotions and offers to shoppers.

Payment Services 98

Payment Services Shopping Supply Chain Management Promotions 98

Inside Retail

OCTOBER 19, 2021

The recent acceleration of e-commerce necessitates a reimagining of shopping flows, fulfilment logistics, and supply chain management. To meet rising consumer expectations, brands need to promote smooth customer experiences with automation, 24/7 responsiveness, and minimise friction on the journey to checkout.

Merchant Services 147

Merchant Services Fashion Payment Services Checkout 147

Retail Bound

MARCH 21, 2024

Source: Chron – The Advantages & Disadvantages of Offering Credit Improving Cash Flow Management – While extending credit carries inherent risks, it also allows wholesalers to manage cash flow more effectively. Businesses use Resolve to manage all their cash flow and AR workflows in one place.

Payment Services 52

Payment Services Wholesale Supply Chain Management Customer Retention 52

Inside Retail

SEPTEMBER 16, 2022

The group, which owns and operates brands such as Dickies, Vans, The North Face, Timberland, Icebreaker and Supreme, said in 2021 it had made significant efforts to promote dignity, social dialogue and equal opportunities across its supply chain, and had trained over 375 of its leaders to see their own unconscious biases and be more inclusive.

Supply Chain Management 130

Supply Chain Management Management Apparel Promotions 130

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. Retailers have an opportunity to recoup a substantial portion of their revenue through the use of tools like AI assistants.

Supply Chain Management 52

Supply Chain Management Inventory Management Consumer Management 52

Independent Retailer

APRIL 21, 2022

The good news is that brands who proactively take the right steps to deal with supply chain issues ahead of time can do more than just survive — they can thrive. After all, when supply chain management is effective, it is proven to lower a company’s overall costs and boost profitability. O ptimize Inventory.

Shipping 83

Shipping Supply Chain Management Management Promotions 83

Independent Retailer

NOVEMBER 18, 2022

Supply chain management software can identify missed cost-saving opportunities and show landed costs for different commodities based on countries of origin — but thanks to recent advances in artificial intelligence, it can do so much more than that. Automating Quality Management. Smarter Material Procurement.

Supply Chain Management 70

Supply Chain Management Management Shipping Consumer 70

Retail Bound

FEBRUARY 29, 2024

In this phase, detailed analysis of failures and product yield is carried out, while the logistics and supply chain management are streamlined for efficiency. Marketing and Promo Marketing and promotion are absolutely essential for educating potential users about your product and driving sales.

Consumer 52

Consumer Promotions Supply Chain Management Marketing 52

Retail Minded

MARCH 2, 2022

Walmart’s back-office manages millions of accounts receivable and millions of employee payrolls. It is a prerequisite for many retail activities, such as trade promotions, new product launches, and churn rate reduction. . Trade Promotions. If an RPA is in place, trade promotions can be done swiftly and efficiently.

Payment Services 52

Payment Services Inventory Management Promotions Accounting 52

365 Retail

SEPTEMBER 7, 2021

Supply chains must be agile enough to cope with unexpected gaps in workforces, which involves two levels of contingency planning. The first affects stock inventory management. The most efficient and effective supply chains embrace uncertainty – something that’s turbocharged during planning for peak.

Inventory Management 52

Inventory Management Supply Chain Management Shipping Planning 52

365 Retail

MAY 6, 2022

Processes that have been historically carried out through a labour-intensive mix of phone calls, emails and spreadsheets are hampering retailers’ ability to pivot business models, category items and promotions as required. Pricing and promotions can now be based on business intelligence and insights derived from data hosted in the cloud.

Supply Chain Management 57

Supply Chain Management Promotions Point of Sale Management 57

Retail TouchPoints

JUNE 15, 2023

Supply chain managers are having to become even smarter about how to reduce costs and drive efficiencies throughout their warehouse and supply chain. What’s Keeping Retail Supply Chain Managers Awake at Night? If they don’t already have a seat at the senior leadership table, they should.

Supply Chain Management 246

Supply Chain Management Management Fulfillment Shipping 246

Retail TouchPoints

JANUARY 2, 2023

As the demand for digitalization grows in the retail supply chain, retailers often face multiple challenges in achieving the same. By understanding common challenges that other retailers have faced in the past, the retailer community can work toward managing these challenges better and build their supply chains for more resilience.

Supply Chain Management 310

Supply Chain Management Management Customer Experience Fulfillment 310

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. Optimising Inventory Levels Careful inventory management is vital during peak seasons.

Inventory Management 52

Inventory Management Management Planning Drop-Shipping 52

Inside Retail

MARCH 7, 2022

From forklift drivers to supply chain managers and working in the auto industry, here are the inspiring stories and insights they shared with Inside Retail. Previously, I’ve worked in roles where men have held the leadership roles in management, whilst females have run the floor. Gail Lines, forklift driver, Amazon.

Fulfillment 130

Fulfillment Management Supply Chain Management Marketing 130

Retail TouchPoints

JUNE 8, 2022

Target also is revising its sales forecasts, future promotion plans and cost expectations by category. Thomas Goldsby, Professor and Chair in Logistics in the Supply Chain Management Department of the University of Tennessee, noted that supply will be available and the main challenge will be managing promotions.

Planning 264

Planning Supply Chain Management Promotions Markdowns 264