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How Hot Topic and Lamps Plus Mastered Inventory Management and More

Retail TouchPoints

Smart retailers are realizing that their increasingly complex omnichannel offerings have made strong supply chain management more important than ever. Retailers need to handle inventory in stores and distribution centers, keep an eye on both digital and physical shelves and keep costs down with efficient logistics and routing.

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How to Build a Modern Supply Chain That’s Built to Last

Retail TouchPoints

Retailers are well aware of the limitations of traditional supply chain management tactics. Companies with supply chains that span the globe often struggle with standardizing their processes, partly because different locations use different systems of record. Revamping Your Supply Chain Approach Takes Time.

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How global beauty brands will benefit from JD.com’s latest logistics move

Inside Retail

Xue stated that JD Logistics already operates several self-operated warehouses across key European locations, including the UK, France, Germany and more. For example, in 2023, beauty and skincare products from France accounted for 58 per cent of all French goods ordered on JD’s cross-border e-commerce platform,” he pointed out.

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Demand Forecasting in Supply Chain – Getting it Right in 2024

Retalon

While nearly three-quarters of all retailers still rely on simple, and consequently limited, tools such as Excel spreadsheets, the integration of AI-driven technologies in supply chain management is revolutionizing how demand forecasting for forward-thinking retailers. What is supply chain demand forecasting?

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Streamline Logistic Costs to Expand Sales: Dropshipping in Furniture Retail

Storis

Dropshipping is a supply chain management practice where retailers sell merchandise they do not own or stock in their warehouses. Establishing clear protocols and performance metrics ensures accountability. With all its advantages, let’s dive into what exactly dropshipping is.

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How Robotic Process Automation Can Contribute To Retail Growth

Retail Minded

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.

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The Top 5 Retail ERP Software Features to Look For

Retail TouchPoints

Every business has a number of core processes, units and departments that each function as vital cogs in the machinery, including manufacturing, order management, purchasing inventory, accounting, human resources, financial management and so much more. Furthermore, every business has bills to pay and things to buy.