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Does Procurement Play a Role in Retail Recovery?

Retail TouchPoints

But through this disruption, retailers began to see that their procurement process is in many ways the linchpin for maximizing revenue and reducing spend as the economy recovers post-pandemic. Specifically, procurement can help retailers optimize their spending on goods and services that are NOT for resale, also known as GNFR.

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How retailers can maximise returns during the upcoming sales season

Inside Retail

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. Offer gift cards. Determine your conversion rates.

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The Order Fulfillment Process in 2022 and Beyond

Retalon

Why should retailers care about their Order Fulfillment Process? Order fulfillment may seem like a fairly straightforward process and according to the generic “high-level” definition, it is. In fact, the best order fulfillment processes become sources of revenue, profit, and even customer loyalty.

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High growth e-cigarette brand opts for Brightpearl to light up multichannel expansion

365 Retail

The merchant sells its array of vaping products direct-to-consumer as well as wholesale via its Shopify-powered website, and from numerous physical retail stores based in Dublin and beyond. Ecirette turned to Brightpearl to streamline and automate its manual processes and support its big picture aims for multichannel expansion.

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Top tips to make Black Friday and Cyber Monday a success in 2022

365 Retail

In fact, in 2021, the UK alone accounted for over ten per cent of global Black Friday searches online. Inventory management is key. It’s imperative to manage your inventory effectively ahead of Black Friday and Cyber Monday. If you’re in a position to offer free shipping – then you absolutely should.

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What is SKU Rationalization and How Can You Get It Right?

Wiser

Being in a position to release new products is great, but as your assortment grows, so too does the complexity of your inventory management processes. In this article, we’ll look at what SKUs are, what “SKU rationalization” means, and some things you can do to get the most out of your SKU rationalization processes.

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Jason & Scot Show Episode 315 – 2023 Turkey5 Recap with Salesforces Rob Garf

Retail Geek

3:26] And of particular note, and I know we’ll talk about this more, they’ve seen a significant uptick in use of Buy Now, Pay Later services, and they’ve seen deeper discounting than we saw last year. billion consumers are shaping shopping trends.