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4 Top Inventory Management Techniques and Best Practices

RETAIL MANAGEMENT SOFTWARE

Do you know how to manage your inventory as effectively as possible? What are the inventory management best practices? If you can’t answer these questions, it’s time to reconsider how you manage your inventory. Do you have enough stock on hand?

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4 Ways to Improve Productivity on the Shop Floor

Global Shop

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.

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How Retailers Overcome Challenges of Seasonal Demand

365 Retail

There are clear instances when certain products become hot commodities with surging sales while others drop into relative obscurity. COVID-19 Restrictions The pandemic caused unexpected and seismic shifts, with homeware and fitness equipment sales surging while sales of evening wear dropped due to lockdowns.

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The Order Fulfillment Process in 2022 and Beyond

Retalon

Is inventory coming directly from the vendor and therefore needs to be dropshipped? Some factors affecting this decision include the proximity of the storage location to the customer, inventory availability, and the labour involved. Methods are established to transfer inventory from storage to customer.

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4 Critical Steps for Optimizing Omnichannel Order Fulfillment in 2021

Retalon

Maintaining margins within business constraints while efficiently providing order fulfillment to customers is a tall order, especially considering each customer purchase requires a real-time fulfillment decision within a shifting context of inventory, demand, returns, delivery times, and shipping costs.

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Cross-Channel Home Décor Retailing: 5 Take Away Lessons from The Game Changers

RETAIL MANAGEMENT SOFTWARE

That’s why tracking and managing sales performance is so important in cross-channel retail store management software. Integrate your accounting with your POS – This means integrating your accounting department with all points of sale. Your accounting department needs to be fully integrated with all points of sale.

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Retail Consumer Behavior Patterns and Shifting Dynamics: The Future of Retail & Retail Trends

RETAIL MANAGEMENT SOFTWARE

The same applies to B2B marketing when you rely on ABM (Account-Based Marketing) to target corporate accounts, decision-makers, etc. Inventory management and customized customer information will also benefit from these data-driven solutions.