Remove Apparel Remove Inventory Management Remove Shrinkage
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Sick of hearing about AI? The key is understanding how to make it work for you

Inside Retail

Inventory management Predictive analytics: This helps optimise your stock levels, preventing overstocking and stockouts. Loss prevention: AI combats retail shrinkage also, by integrating computer vision and motion analytics at self-checkouts, detecting suspicious activities and ultimately reducing theft.

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From Chaos to Control: How Apparel Inventory Software Can Transform Your Fashion Business

RETAIL MANAGEMENT SOFTWARE

Yet, many apparel retailers find themselves grappling with a myriad of challenges that hinder their growth and efficiency. From inventory management woes to order processing bottlenecks, the complexities of running a fashion business can often feel overwhelming.

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Key Takeaways from the Wiser Industry Leaders Brand Panel: Challenges and Adaptations

Wiser

These operational hurdles not only impact revenue streams but also affect customer satisfaction levels, highlighting the importance of streamlined inventory management practices. Dynamic Pricing in Response to Market Trends Consumers may perceive minimal price differences less significantly than expected.

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Avoiding Stockouts: 5 Preventable Causes of Out-of-Stocks and What to Do About Them

Retail Times

Such solutions are also beneficial if you have several locations because they allow you to manage multiple stores from one place. Not ready for a full retail management solution? Consider creating an inventory management system in Excel. Integrate your platforms. Further Reading. Learn More. Conduct regular stock counts.

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Tilly’s Partners with Nedap to Elevate Omnichannel Strategy

Retail Focus

Nedap (AMS:NEDAP), the global leader in RFID solutions, is pleased to announce a new partnership with Tillys, a leading specialty retailer of casual apparel, footwear, and accessories. With Nedaps platform, Tillys gains the tools to make data-driven decisions, reduce shrinkage, and foster long-term growth.