Remove 2017 Remove Inventory Management Remove Markdowns Remove Planning
article thumbnail

How Woolies is using 2D barcodes to increase sales and transparency

Inside Retail

There are also other supply chain benefits for businesses including improved inventory management, recall readiness, sustainability, ethical sourcing and product authentication. Their journey began in 2017 with just loose produce. “At

Markdowns 130
article thumbnail

As the Holidays Approach, it’s Time to Rethink Retail Pricing Methodology…and AI Can Help

Retail TouchPoints

In addition to this timing variation, over 60% of shoppers plan to do their browsing online, yet 85% expect to buy at least one product in a store. In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? And don’t forget the shopper looking for that end-of-season deal.

Markdowns 275
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Avoid Inventory Imbalances by Leveraging Retail Predictive Analytics

Retalon

The result of unreliable projections are inventory imbalances: mistakes in planning, purchasing, and inventory management, resulting in inventory levels that don’t match actual demand. Each year, inventory imbalances cost retailers an estimated $1.1 Inventory imbalances happen at a high price to retailers.

article thumbnail

Avoid Inventory Imbalances by Leveraging Retail Predictive Analytics

Retalon

The result of unreliable projections are inventory imbalances: mistakes in planning, purchasing, and inventory management, resulting in inventory levels that don’t match actual demand. Each year, inventory imbalances cost retailers an estimated $1.1 Inventory imbalances happen at a high price to retailers.

article thumbnail

Shane Co. Increases Sales by 20% While Significantly Reducing Inventory

Retalon

After the initial success with implementation of Retalon Inventory Management system, Shane Co. Retalon is a leading provider of Predictive Analytics solutions for supply chain, inventory management, pricing, merchandising, planning and marketing operations. ” About Retalon. . ” About Retalon.

Jewelry 32
article thumbnail

Shane Co. Increases Sales by 20% While Significantly Reducing Inventory

Retalon

After the initial success with implementation of Retalon Inventory Management system, Shane Co. Retalon is a leading provider of Predictive Analytics solutions for supply chain, inventory management, pricing, merchandising, planning and marketing operations. ” About Retalon. . ” About Retalon.

Jewelry 32
article thumbnail

4 Critical Steps for Optimizing Omnichannel Order Fulfillment in 2021

Retalon

At its most basic, it only requires integrating live inventory counts from your ERP / inventory management software with your e-commerce platform, ensuring customers can get accurate information about which store has the items they’re looking for (or give them the option to ship to store).