Inside Retail

JANUARY 15, 2023

The requirement to make changes in retail supply chain structures is critical to customer experience and the associated success of retail organisations. Inventory management and planning methods need to evolve, especially if you’re uncertain about how to integrate your online sales channels into your core merchandise operations.

Inventory Management 130

Inventory Management Fulfillment Customer Experience Planning 130

Small Biz Trends

DECEMBER 6, 2022

Once the payment is processed, the money is deposited into relevant accounts. Sale POS systems may also have additional functionality, including payroll, employee management, and customer tools such as loyalty programs. Retail pos systems are crucial for providing a friction-free customer experience. Brilliant POS.

Point of Sale 115

Point of Sale Payment Services Merchant Services Inventory Management 115

Retail Focus

MARCH 6, 2024

To address these issues, luxury brands are seeking innovative solutions, with blockchain technology emerging as a promising tool to safeguard authenticity and enhance the customer experience. What are Blockchains and how do they work?

Inventory Management 147

Inventory Management Fashion Customer Experience Consumer 147

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. In this article, we’ll dive into the main benefits PoS systems can bring and must-have features you should incorporate into your custom PoS software.

Merchant Services 52

Merchant Services Payment Services Inventory Management Management 52

Retail TouchPoints

MAY 3, 2023

There is greater demand for transparency and active participation in sustainable practices from retailers across the spectrum, and consumers, especially Gen Z, are holding brands accountable for greenwashing through their spending power.

Visual Merchandising 243

Visual Merchandising Consumer Inventory Management Customer Experience 243

Hyken

AUGUST 31, 2023

This week, we feature an article by Sage , an international company that helps organizations of all sizes with accounting, payroll, and payment solutions. They write about how improving customer journeys increases business growth. This is where ERP and CRM integration comes into play. What is an ERP?

Payment Services 106

Payment Services Customer Experience Inventory Management Accounting 106

Inside Retail

NOVEMBER 27, 2023

The journey towards this tech-augmented retail reality is exhilarating, filled with opportunities to craft unforgettable customer experiences, optimise operations and carve out a competitive edge in a bustling market. This is especially crucial in managing seasonal or event-driven merchandise.

Consumer 147

Consumer Checkout Inventory Management Shopping 147

Wiser

JULY 31, 2023

Strategies for Monitoring Planogram Compliance Monitoring planogram compliance is a crucial aspect of retail operations, ensuring that products are displayed in a way that maximizes sales and enhances the customer experience. Market trends, customer behavior, and product performance are dynamic.

Store Layout 145

Store Layout Promotions Customer Experience Inventory Management 145

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

Retail TouchPoints

JANUARY 25, 2022

It’s energizing to think about customer experience transformation and what that could possibly mean for a business. 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. We all like to think big.

Management 240

Management Marketing Customer Experience Inventory Management 240

Retail TouchPoints

FEBRUARY 10, 2022

Leite’s experience on the show not only amplified her “people-first” leadership philosophy, but also prompted a number of investments to address problems she uncovered while undercover, including: $500,000 on product education for store associates, known as Health Enthusiasts; $1.5 million on inventory management solutions; $1.2

Inventory Management 287

Inventory Management Beauty and Health Management Planning 287

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. 5: Sustainability metrics.

Fulfillment 258

Fulfillment Returns Shipping Promotions 258

Retalon

AUGUST 16, 2019

Not only do you have to decide which metrics are most likely to provide high-value consumer data, but then you must have the resources on hand to analyze it in search of trends that help you to hone your brand strategies and better personalize the retail customer experience. Benefits and Challenges of Personalization.

Customer Experience 32

Customer Experience Fulfillment Markdowns Consumer 32

Retail TouchPoints

JANUARY 20, 2022

However, instead of relying on individual store managers to navigate local purchases, corporate procurement teams can add value by organizing the effort, evaluating and sourcing local suppliers, negotiating best pricing and delivery options, and automating the process by using technology to simplify local inventory management.

Merchant Services 220

Merchant Services Clienteling Shipping Inventory Management 220

Retail TouchPoints

SEPTEMBER 23, 2022

Is the customer service team of the 3PL accessible and readily available to address any questions? Do they provide a personal account manager for your business? If you cannot fulfill orders at that rate and ship items with such diligence, your customer experience will suffer.

Fulfillment 286

Fulfillment Shipping Inventory Management Management 286

365 Retail

MAY 4, 2023

As part of the deployment, Nedap will provide Lindex with its iD Cloud platform to help streamline its inventory management and enhance the customer experience. By using RFID, Lindex will be able to more accurately track and manage its inventory, leading to improved stock availability and reduced stock-outs.

Fashion 57

Fashion Inventory Management Accounting Store Operations 57

Rain Pros

AUGUST 4, 2023

As a specialty retail store owner, you are not merely running a business; you are curating an experience for your customers, offering them products and services that align with their specific interests and aspirations. POS payment processing plays an important role in this customer experience.

Payment Services 52

Payment Services Specialty Retailers Checkout Clienteling 52

I Love Fashion

JANUARY 4, 2021

Despite using AI for enhanced customer experience, Amazon has also perfectly deployed the AI model for internal functionalities. According to a report, the effective recommendation engine of Amazon accounts for a whopping 35% of its total sales. But Chatbots benefits beyond Customer Experience: Lead Generation Automation.

Fashion 111

Fashion Inventory Management Marketing Shipping 111

Retail Minded

MARCH 2, 2022

Walmart is one giant retailer that uses hundreds of bots to automate operations, including answering workers’ inquiries, retrieving information from audit papers, monitoring inventory flow, and identifying slow-moving goods and deadstock. Walmart’s back-office manages millions of accounts receivable and millions of employee payrolls.

Payment Services 52

Payment Services Inventory Management Promotions Accounting 52

I Vend

AUGUST 17, 2022

Whether they’re buying via ecommerce solutions or in the brick and mortar store, they want a smooth and hassle-free retail experience, to get the job done as painlessly as possible. Integrated inventory management – convenience for shoppers means having the right goods in the right place at the right time.

Payment Services 52

Payment Services Inventory Management Checkout Supermarket 52

Star Miconics

JULY 28, 2023

Barcode scanner: Scanners speed up the transaction process and ensure accuracy in sales and inventory tracking. Label printer: Used to print barcodes for products and shelf labels, essential for inventory management, sales tracking, and compliance.

Payment Services 52

Payment Services Inventory Management Point of Sale Management 52

Retalon

MAY 17, 2024

It is used for planning and optimizing various supply chain activities, including procurement, production, inventory management, and distribution. Impact of poor supply chain forecasting: Excess Inventory – Ties up capital, increases storage and maintenance costs, and risks inventory obsolescence.

Supply Chain Management 41

Supply Chain Management Inventory Management Management Promotions 41

Wiser

MARCH 4, 2024

Brand Consistency: Expanding brands prioritize uniformity across retail channels, focusing on compliance challenges to maintain brand integrity and ensure consistent customer experiences. Online No.

Management 78

Management Brand Management Inventory Management Marketing 78

Wiser

FEBRUARY 21, 2024

Studies show that the duration for out-of-stock items to reappear in online search results and shopping carts can extend up to a week, underscoring the importance of diligent inventory management. Data indicates that online grocery pickup garners higher average sales per trip, emphasizing the significance of this shopping method.

Inventory Management 78

Inventory Management Retail Trends Consumer Promotions 78

Retalon

FEBRUARY 15, 2024

Retail analytics insights directly impact sales and customer loyalty by enabling more personalized shopping experiences and efficient inventory management. According to Itransition, predictive analytics leverages machine learning and statistical modeling to unveil patterns in customer behavior.

Inventory Management 41

Inventory Management Management Marketing Inventory Turnover 41

Storis

APRIL 18, 2024

That’s why we’ve written this guide to break down these powerful calculations so you can confidently adopt ATP and ATC as crucial parts of your customer experience. Let’s start with the difference between Available to Promise and Available to Customer. Ensure this is accounted for in your calculation.

Fulfillment 52

Fulfillment Home Furnishings Point of Sale Inventory Management 52

Storis

APRIL 12, 2024

That’s why we’ve written this guide to break down these powerful calculations so you can confidently adopt ATP and ATC as crucial parts of your customer experience. Let’s start with the difference between Available to Promise and Available to Customer. Ensure this is accounted for in your calculation.

Fulfillment 52

Fulfillment Home Furnishings Point of Sale Inventory Management 52

I Vend

FEBRUARY 6, 2023

This lack of inventory costs retailers an estimated up to 8% of revenue in lost sales. iVend Retail Inventory Management Inventory management drives store efficiency and customer experience. Read about iVend’s smart retail technology for inventory management.

Inventory Management 98

Inventory Management Management Shrinkage Returns 98

365 Retail

NOVEMBER 13, 2023

Adjustments must often be made to account for factors like weather and global events. Optimising Inventory Levels Careful inventory management is vital during peak seasons. The combination of AI and POS systems is becoming popular, as it can provide actionable stock management data.

Inventory Management 52

Inventory Management Management Planning Drop-Shipping 52

Bindo

MAY 30, 2018

Most business owners today who sell products understand the notion of inventory management and how it can affect their bottom line. For example, poor inventory management can result in an excess of unwanted goods or unavailability of items often in high-demand. Advantages to Utilizing Inventory Management Technology.

Inventory Management 40

Inventory Management Management Fulfillment Consumer 40

M19 Retail

JULY 28, 2020

Planning and inventory management systems must operate in near real-time, providing an integrated Merchandise Financial Planning that seamlessly integrates with Assortment Planning, Allocations, Demand Forecasting, Replenishment and Price and Promotion Management, connecting the dots between planning and execution of the business.

Planning 98

Planning Inventory Management Management Accounting 98

V Count

JANUARY 24, 2024

We will also discuss how you can use AI-powered technology and digital solutions to become a better store manager. From optimizing inventory management to building a well-functioning team, this piece will dive deep and explore it all, so grab your drink and let’s go.

Management 59

Management Store Layout Inventory Management Target Market 59

I Vend

MAY 18, 2021

Organisations are running multi-store networks, have warehouses full of inventory and need to offer the convenience of online as well as in-store shopping. Online offline POS systems capture all sales data and have it instantly visible at head office and provide a consistent customer experience.

Thrift Store 52

Thrift Store Payment Services Customer Experience Inventory Management 52

V Count

SEPTEMBER 15, 2022

Revel is a cloud-based POS system focused on delivering a high-quality customer experience. Customer comments on TrustPilot suggest it can be buggy at times. Lightspeed POS systems are great for established retail stores, as this system offers a highly detailed inventory management system as well as deep store analysis.

Merchant Services 98

Merchant Services Payment Services Inventory Management Planning 98

Retail TouchPoints

APRIL 10, 2023

Turning Customers into Brand Ambassadors (Source: Pandora) After more than 30 years operating in brick-and-mortar, Pandora began to debut online in markets around the world in 2014. In 2022, Pandora banked 600 million visits across its online channels and stores.

Jewelry 217

Jewelry Wholesale Consumer Point of Sale 217

V Count

SEPTEMBER 15, 2022

Revel is a cloud-based POS system focused on delivering a high-quality customer experience. Customer comments on TrustPilot suggest it can be buggy at times. Lightspeed POS systems are great for established retail stores, as this system offers a highly detailed inventory management system as well as deep store analysis.

Merchant Services 92

Merchant Services Payment Services Inventory Management Planning 92

365 Retail

DECEMBER 12, 2023

” The Future is Bright for Autonomous Stores With AI , RFID, and sensor solutions driving the change, autonomous stores’ technological capabilities are rapidly transforming the customer experience.

Payment Services 57

Payment Services Checkout Store Layout Inventory Management 57