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The gift of inventory management this holiday season

I Vend

We can see the importance of inventory management during the three key stages of the holiday season: Preparation – before the holiday season rush, retailers need to plan and forecast to ensure they know what is most likely to sell, via which channel and in which stores. . What is the role of hand-held devices in inventory management?

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Breaking Barriers: How Brick-and-Mortar Retailers can Deliver Exceptional Customer Experiences

Retail TouchPoints

Comparable store sales increased 9%, and the company’s gross margin increased to 58.8%. in its fiscal year 2023 (ending in September) versus 2022…which may come as no surprise to you at all if you’ve been in a Costco on a Saturday lately. Effectively managing inventory has never been an easy task for retailers.

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How can a retail management system help retailers become efficient, save costs and make them ready for the holiday season

I Vend

One thing’s for certain about the 2022 holiday shopping season – it’ll be unlike any that we’ve seen for a while. Retailers would need a sophisticated retail management system to manage the holiday season rush. When it comes to efficiency, one of the most effective strategies for a retailer is to have a retail management system.

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What is Artificial Intelligence, and How Does it Impact Your Point-of-Sale?

Star Miconics

But while those things are still in the realm of science fiction, AI has become increasingly engrained in the modern technology we now use every day, from our smartphones to our point-of-sale (POS) systems. These reports provide managers and owners with information that uncovers deeper insights.

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How Retailers can Combat the Rising Threat of Theft

Retail TouchPoints

External Theft According to the NRF, shoplifting and other forms of external theft, including burglary, accounted for 37% of reported shrink in 2022. Optimize inventory management: Like damaged products and shipping errors, theft can negatively impact retail inventory management.

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ACCELERATE NRF 2022 Retail’s Big Show

M19 Retail

Making the Most of NRF 2022 Retail’s Big Show. JANUARY 16 – 18, 2022 | BOOTH #5706. LET’S MEET × Join us at NRF 2022! Schedule a meeting with our retail experts at NRF 2022 to understand how Mi9 Retail can automate and optimize your retail business with the best-in-class Merchandise Management platform.

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IoT in Retail: Top 5 Use Cases and Real-Life Examples

Retail TouchPoints

billion in 2022 and is expected to grow at a CAGR of 28.4% The statistics show that more and more retail businesses are implementing IoT solutions to explore new ways of connecting with customers, boost sales and streamline business operations. Inventory management. from 2023 to 2030.