Retail TouchPoints

FEBRUARY 27, 2024

The Evolving Threat Landscape Retailers increasingly rely on digital platforms for sales, inventory management and customer engagement. Ensuring business continuity plans include appropriate responses to network outages, breaches and ransomware attacks. Conducting a third-party audit of cybersecurity protocols.

Payment Services 264

Payment Services Wholesale Store Layout Inventory Management 264

Retail TouchPoints

JANUARY 6, 2023

While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S. While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S. Retailers Must Show Economic Empathy.

Payment Services 340

Payment Services Promotions Consumer Inventory Management 340

Inside Retail

JANUARY 15, 2023

We believe there are six key strategic pillars, which should be taken into account to ensure your organisation is on the right track for supply chain resilience: Redesign your fulfilment network and your merchandise planning function for multi-channel fulfilment. About the author: David Bissett is a partner at Argon & Co Australia.

Inventory Management 130

Inventory Management Fulfillment Customer Experience Planning 130

Inside Retail

JANUARY 30, 2024

Retailers worldwide may be facing challenging times right now, but the evolution of technology – including the deployment of AI – is opening the way to dramatic improvements in productivity at all stages of the retail business model. And that’s where your Workforce Management systems come into play,” says Bretherton.

Loss Prevention 147

Loss Prevention Shrinkage Inventory Management Markdowns 147

Retail TouchPoints

APRIL 25, 2022

As a result, businesses looking to gain a competitive advantage in the global marketplace are investing more heavily in supply chain management. The supply chain challenges of the past few years have underscored the importance of proper and efficient supply chain management.

Supply Chain Management 306

Supply Chain Management Inventory Management Shipping Management 306

Retail TouchPoints

FEBRUARY 10, 2022

Over the course of her 30-year career, The Vitamin Shoppe CEO has held leadership roles at Godiva , Sally Beauty , Pier 1 , Bath & Body Works , Gap and The Disney Store. It’s been a while since she’s been on the front lines though — not since the late ‘80s to be exact, when she was a manager at Express.

Inventory Management 313

Inventory Management Beauty and Health Management Planning 313

Inside Retail

NOVEMBER 12, 2023

Why you need a recovery plan Imagine your business has been impacted by a cyber-attack. What if your inventory management system can no longer be accessed or trusted? Or your account records? Building your recovery plan The purpose of a recovery plan is to minimise loss of downtime by enabling business continuity.

Planning 147

Planning Technical Support Inventory Management Fulfillment 147

Retail TouchPoints

OCTOBER 6, 2023

Accurate demand forecasting is the bedrock of efficient inventory management — a vital logistics function that should be operating at peak performance levels during the holiday shopping season when consumers expect the inventory they want to be available. 1: Demand forecasting. 2: Order cycle time. 4: Return rates.

Fulfillment 290

Fulfillment Returns Shipping Promotions 290

365 Retail

FEBRUARY 1, 2024

PoS systems are becoming essential for managing everyday commercial operations, from simple payment processing to inventory management and sales analytics in retail companies. Modern PoS systems often offer cloud-based or remote access features, allowing managers to monitor business operations from anywhere.

Merchant Services 52

Merchant Services Payment Services Inventory Management Management 52

Retail TouchPoints

APRIL 21, 2022

To avoid this outcome, your business needs to use intelligent planning and analytics technology to develop its own modern supply chain management solutions. 3 Ways to Modernize Your Supply Chain Management Processes. Long-term planning and short-term adaptability are impossible without mature relationships with your suppliers.

Supply Chain Management 242

Supply Chain Management Planning Shipping Inventory Management 242

Retail TouchPoints

SEPTEMBER 23, 2022

Corporations manage 3PL warehouses with physical spaces and logistics teams. One 3PL can handle a multitude of clients at a time, and they store, manage and prepare the goods for shipment, process the orders and deliver them to customers via their partner carriers. Do they provide a personal account manager for your business?

Fulfillment 316

Fulfillment Shipping Inventory Management Management 316

Wiser

JULY 31, 2023

In the competitive world of retail, ensuring your products are in the right place at the right time can mean the difference between profit and loss. 1: Regular Audits Conducting regular in-store audits allows brands to physically verify that stores are adhering to the planned layouts. However, technology alone is not enough.

Store Layout 145

Store Layout Promotions Customer Experience Inventory Management 145

Retalon

JUNE 29, 2013

Every retailer wishes to have the right product at the right place at the right time. In order to achieve this there is a lot of thought put into inventory management, allocation, and replenishment processes. Once inventory begins to run low at a specific store, it is replenished from the DC.

Inventory Management 32

Inventory Management Management Markdowns Fulfillment 32

Inside Retail

DECEMBER 7, 2021

Having a better understanding of what your customers want to buy and when could take the guesswork out of sales forecasting, inventory management or staff rostering. with the annual change in the Australian Bureau of Statistics’ (ABS) National Accounts nominal household final consumption over recent years.

Payment Services 130

Payment Services Inventory Management Accounting Consumer 130

Retail TouchPoints

JANUARY 25, 2022

In the retail industry, many organizations are at a pivotal moment of forging a path forward to define the future-state customer experience where the physical and digital converge. 4) Think Big: Improve supply chain and inventory management. This inconvenience was arguably worse than not offering the service at all.

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Management Marketing Customer Experience Inventory Management 260

Retail TouchPoints

APRIL 10, 2023

Central to this effort will be transitioning to SAP’s Enterprise Resource Planning (ERP) system, an endeavor that won’t be completed until 2026. Now, ecommerce has grown to capture 21% of the retailer’s global revenue, with stores still accounting for the majority ( 51% ) while wholesale and third-party sales make up the difference ( 28% ).

Jewelry 247

Jewelry Wholesale Consumer Point of Sale 247

Retail TouchPoints

OCTOBER 22, 2021

This article will look at how to get a decent site from scratch without using off-the-shelf solutions like Magento, Shopify, and WordPress, as well as the top seven practices for custom ecommerce website development. At the same time, you need to focus on fast loading — users do not wait for a page to load for more than three to five seconds.

Payment Services 254

Payment Services Inventory Management Promotions Checkout 254

365 Retail

NOVEMBER 13, 2023

Yet potentially it can be a very rewarding period for sales if forecast and managed correctly. We’ll look at what seasonal demand means and its impact on retail businesses, coupled with actionable insights on dealing with related obstacles while taking action to optimise profitability. Let’s look at some examples of seasonal products.

Inventory Management 52

Inventory Management Management Planning Drop-Shipping 52

Global Shop

FEBRUARY 12, 2024

After going live with Global Shop Solutions ERP software, CSS experienced improved inventory management and scheduling, particularly when they implemented automated processes. Go Digital For Inventory and Material Movement Poor inventory management has more impact on productivity than any process, with the exception of scheduling.

Shopping 52

Shopping Inventory Management Bar Codes Drop-Shipping 52

V Count

SEPTEMBER 15, 2022

A modern POS system lets you accept customer payments at a specific location or on the go and can help you track your sales in an efficient way. It’s an all-in-one POS solution that asks for no subscription fee, however, the paid plans offer way more features. Multiple plans, including a free one (transaction cuts aren’t included).

Merchant Services 98

Merchant Services Payment Services Inventory Management Planning 98

Retail Focus

JANUARY 12, 2023

But, of course, that has many downsides, such as cost, workforce planning, etc. Inventory Management. Inventory management uses many systems to keep your customers and staff informed of order updates and inventory status, such as procurement, warehouse management, order tracking, etc.

Payment Services 130

Payment Services Inventory Management Returns Checkout 130

V Count

SEPTEMBER 15, 2022

A modern POS system lets you accept customer payments at a specific location or on the go and can help you track your sales in an efficient way. It’s an all-in-one POS solution that asks for no subscription fee, however, the paid plans offer way more features. Multiple plans, including a free one (transaction cuts aren’t included).

Merchant Services 92

Merchant Services Payment Services Inventory Management Planning 92

Inside Retail

APRIL 25, 2023

This can be seen by the adoption of QR codes – the use of which accelerated amid Covid-19 restrictions – self checkout in supermarkets and autonomous mobile robots, which are being utilised by major retailers for (among other things) logistical, supply chain and other inventory management tasks.

Shopping 130

Shopping Payment Services Inventory Management Supply Chain Management 130

365 Retail

NOVEMBER 14, 2022

With Black Friday and Cyber Monday just around the corner, planning for a successful 2022 peak season is essential – now more than ever. Plan, plan and plan some more! In fact, in 2021, the UK alone accounted for over ten per cent of global Black Friday searches online. Inventory management is key.

Merchant Services 57

Merchant Services Payment Services Inventory Management Fulfillment 57

Small Biz Trends

OCTOBER 28, 2022

Whether you need to track inventory, manage your Etsy account orders, or create marketing materials, we’ve got you covered. Etsy Seller apps are a collection of tools that allow sellers to manage their Etsy business. Take a look at all these Etsy apps and decide which ones are beneficial to your business.

Inventory Management 126

Inventory Management Management Shopping Marketing 126

Global Shop

OCTOBER 26, 2020

If you’re looking at Global Shop Solutions as a possible ERP solution for your manufacturing business, you can find answers to the basic “Who are you and what do you do?” I just need an inventory management system. Global Shop Solutions is designed to manage every aspect of a manufacturing business from quote to cash.

Shopping 52

Shopping Inventory Management Planning Accounting 52

Independent Retailer

DECEMBER 9, 2022

Two different selling plans are offered, called Individual and Professional, and they are based on how many products you sell. The Individual plan costs $0.99 per sale, while sellers using the Professional plan pay $39.99 On top of these plan fees, you will also pay referral fees, which are a percentage of the selling price.

Payment Services 74

Payment Services Fulfillment Wholesale Shipping 74

Retail Minded

JANUARY 1, 2024

This lack of timely and accurate insights leaves retailers scrambling to determine which products they should maintain and which they should discontinue, impacting inventory management and profitability. Forecasting Consumer Demands Ahead Of Seasons Retailers must strategically predict consumer demand to plan stock levels and pricing.

Supply Chain Management 52

Supply Chain Management Inventory Management Consumer Management 52

M19 Retail

JULY 28, 2020

The COVID-19 pandemic and its aftermath have increased the already high pressure on retailers to automate and streamline planning and execution processes. Increased competition requires that successful retailers more accurately plan and execute to have the right products available at the appropriate retail location to meet consumer needs.

Planning 98

Planning Inventory Management Management Accounting 98

Retail TouchPoints

OCTOBER 3, 2022

As Aisle 24 evolved into a franchise model, the company worked in partnership with Swedish security and surveillance technology firm Axis Communications to adopt a solution that solves many of the security and analytics challenges of remotely operating a cashierless grocery store at all hours.

Management 249

Management Inventory Management Location Shopping 249

Retalon

FEBRUARY 15, 2024

Retail analytics insights directly impact sales and customer loyalty by enabling more personalized shopping experiences and efficient inventory management. The global AI in retail market’s revenue share from predictive analytics-driven programmatic advertising and market forecasting stood at 33.1%

Inventory Management 41

Inventory Management Management Marketing Inventory Turnover 41

I Love Fashion

JANUARY 4, 2021

According to a report, the effective recommendation engine of Amazon accounts for a whopping 35% of its total sales. Just because customers intend to have the information at the click of a button or in the blink of an eye. Inventory Management. Inventory Management is one of the most pivotal aspects of an eCommerce site.

Fashion 111

Fashion Inventory Management Marketing Shipping 111

Retalon

FEBRUARY 25, 2022

Meeting sales demand has always been challenging, effective replenishment should mitigate issues that arise from poor planning and allocation. Modern consumer expectations of inventory availability and fast order fulfillment mean that it is even more important for retailers to have a good stock replenishment process in place.

Inventory Management 47

Inventory Management Fulfillment Markdowns Location 47

Inside Retail

OCTOBER 21, 2021

James Johnson, director of technology services & strategic accounts, APAC at Shopify, says it is critical for Australian retailers to optimise their product offers and sales channels to make the most of the sales season and seize the opportunity to end a difficult year on a high.

Returns 130

Returns Merchant Services Shipping Payment Services 130

CJ Retail Solutions

JANUARY 16, 2024

In this era of heightened competition and rapid growth, organisations are increasingly recognising the pivotal role that accurate inventory tracking plays in maintaining a competitive edge. Significance of Efficient Asset Management B. Improved Inventory Management B. Improved Inventory Management B.

Management 40

Management Inventory Management Accounting Planning 40

Retalon

FEBRUARY 10, 2022

Bad inventory is an expensive problem. Trillion annually as a result of bad inventory. Managing inventory becomes exponentially more complicated as a retailer grows; and often becomes an overwhelming challenge. What is bad inventory called? What is bad inventory called day-to-day? Drastic Markdowns.

Inventory Turnover 41

Inventory Turnover Management Inventory Management Dead-Stock 41

Retail Times

MARCH 30, 2021

Such solutions are also beneficial if you have several locations because they allow you to manage multiple stores from one place. Not ready for a full retail management solution? Consider creating an inventory management system in Excel. That’s where physical inventory counts come in. Integrate your platforms.

Merchant Services 98

Merchant Services Inventory Management Management Shrinkage 98