Remove 2018 Remove Customer Experience Remove Inventory Management Remove Markdowns
article thumbnail

How retailers are optimizing and automating their business

Retalon

Inventory Management. Traditional inventory management is fragmented silo work that doesn’t take other processes into account. Things are done retroactively or not at all, and any changes made tend to be at a category level, not a SKU level, leading to lost sales and unnecessary markdowns.

article thumbnail

Predictive Analytics Brings Retailers Closer To Omni-Channel Customers

Retalon

If you’re a retailer reading this in 2018, you need to pat yourself on the back! Retailers are working hard to get as close as possible to their customers, by reaching them wherever they are. Here’s more detail on how Retalon’s Inter-store inventory & assortment balancing process works.

article thumbnail

How RFID Powers Retail: Past, Present and Future

Retail TouchPoints

Retail companies committed to improving the customer experience have realized they need to stop relying on inventory buffers to ensure items are in stock when they need them. Additionally, it boosts sales margins and expedites returns and exchanges, making it a valuable tool for profitably improving the consumer experience.