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Different Things to Consider Outsourcing in Your Retail Business (and Why)

Retail Focus

Order Fulfillment When outsourcing, retailers can benefit from streamlined inventory management, order processing, and shipping. Accounting and Bookkeeping Maintaining accurate financial records is crucial for the long-term success of any retail business.

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5 Major Retail Digital Transformations to Watch For in 2021

Retalon

Although e-commerce gets all of the attention, the past two decades of technological change have transformed every aspect of the retail business — from planning, inventory, pricing, and promotions — all the way down to customer service and the in-store experience. to optimize inventory for gross margins.

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An Overview of how the BOPIS Retail Strategy is Transforming the Industry (2021)

Retalon

Once a customer comes into the store to pick up their order they are probably going to be looking around at the inventory on the shelves. In addition, they can be greeted by sales associates who can recommend products or inform customers of promotions and events. Better inventory management and visibility.

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The Rise of AI in Retail: Transforming the Industry Online, In-Store, and Socially

365 Retail

Predictive analytics, another AI-driven tool, has been instrumental in helping retailers optimize their inventory management and pricing strategies. By identifying customers as they enter a store, retailers can offer personalized greetings, promotions, and recommendations based on individual preferences and shopping histories.