Retalon

APRIL 21, 2021

Omnichannel order fulfillment that drives customer experience (and boosts profits). Although the trend towards omnichannel fulfillment is not new, the pandemic changed many retailers’ business models almost overnight, and these changes are not going away. What is omnichannel order fulfillment in retail?

Fulfillment 41

Fulfillment Drop-Shipping Shipping Returns 41

Retail TouchPoints

NOVEMBER 8, 2022

Using AI for search, merchandising and personalization is necessary to deliver a great customer experience and provide consumers with what they want. Optimizing inventory based on trends and historical data means the customer will get the exact item they are looking for. Use Tech to Augment the Customer Experience.

Returns 305

Returns Markdowns Inventory Management Customer Experience 305

365 Retail

FEBRUARY 17, 2022

Californian lifestyle fashion brand, Pacsun , doubled its ship completes by better anticipating online demand and intelligently leveraging its stores as ecommerce fulfilment centres, partnering with antuit.ai , a leader in AI-powered SaaS solutions for consumer products and retail insights and now part of Zebra Technologies.

Markdowns 52

Markdowns Fulfillment Shipping Fashion 52

Retalon

DECEMBER 8, 2021

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 today’s market, putting the right fulfillment system in place gets you a competitive edge. What is order fulfillment?

Merchant Services 41

Merchant Services Fulfillment Drop-Shipping Shipping 41

Retail TouchPoints

OCTOBER 3, 2023

By my recollection, the world of flexible fulfillment hit an inflection point about 15 years ago. It was at that point that putting the technology and operations in place to fulfill from an increasingly complex supply chain network embarked upon its next frontier. Let’s start with demand forecasting and inventory deployment.

Fulfillment 278

Fulfillment Drop-Shipping Markdowns Shipping 278

Retalon

AUGUST 16, 2019

Not only do you have to decide which metrics are most likely to provide high-value consumer data, but then you must have the resources on hand to analyze it in search of trends that help you to hone your brand strategies and better personalize the retail customer experience. Benefits and Challenges of Personalization.

Customer Experience 32

Customer Experience Fulfillment Markdowns Consumer 32

Retail Assist

APRIL 14, 2021

Stock replenishment is a standard retail practice, to ensure that the right products are in the best place, at the optimum quantity. Performance at SKU/Site level is automatically reviewed and ideal stock levels can be increased or decreased accordingly, enabling more full price items to be sold. Stock Replenishment Definition.

Markdowns 52

Markdowns Fulfillment Promotions Shipping 52

Retalon

APRIL 27, 2021

In the analytics-driven paradigm, advanced analytics software forecasts true customer demand for each SKU, in each store — based on hundreds of input variables. It can analyze billions of data points and predict demand at a level of granularity that’s simply impossible to reach using Excel. Order fulfillment automation.

Fulfillment 41

Fulfillment Markdowns Promotions Returns 41

Retalon

FEBRUARY 15, 2022

Demand forecasting at store/SKU levels leads to better allocation of inventory across the entire business from the start. It greatly decreases broken assortment issues like out-of-stocks, replenishment costs, and disappointed customers. Customer experience. Let’s take a look at what those are. Reduced markdowns.

Markdowns 41

Markdowns Inventory Turnover Fulfillment Accounting 41

Retail TouchPoints

DECEMBER 12, 2023

In addition to this timing variation, over 60% of shoppers plan to do their browsing online, yet 85% expect to buy at least one product in a store. In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? And don’t forget the shopper looking for that end-of-season deal.

Markdowns 277

Markdowns Retailing Pricing Promotions Fulfillment 277

Indigo 9 Digital

SEPTEMBER 1, 2022

representing the fastest growth in at least a decade and sales so far this year have been strong. That means if there is slow moving merchandise the retailer doesn’t have to worry about taking markdowns to sell the inventory. Last December 30% of the food in customer’s baskets were from Ocado. respectively.

Drop-Shipping 95

Drop-Shipping Markdowns Planning Grocer 95

Retalon

AUGUST 16, 2019

Not only do you have to decide which metrics are most likely to provide high-value consumer data, but then you must have the resources on hand to analyze it in search of trends that help you to hone your brand strategies and better personalize the retail customer experience. Benefits and Challenges of Personalization.

Fulfillment 32

Fulfillment Customer Experience Markdowns Consumer 32

Retalon

AUGUST 20, 2019

This is because today’s competitive advantage in retailing can often come down to the customer experience. It’s not about one or the other, but rather it’s about the right blend of physical vs. virtual experience that makes sense for your customers, your products, and your brand. – Promotions, event and markdowns.

Fulfillment 32

Fulfillment Comparison Shopping Markdowns Promotions 32

Retalon

SEPTEMBER 13, 2015

On the other hand, another retailer might want to enhance the customer experience, so they would choose KPIs like customer satisfaction and retention. This dramatically increases revenue from transfers, lowers inventory costs and increases sales while helping you avoid unnecessary markdowns and subsequent allocations.

Markdowns 32

Markdowns Promotions Customer Experience Fulfillment 32

Retalon

AUGUST 20, 2019

This is because today’s competitive advantage in retailing can often come down to the customer experience. It’s not about one or the other, but rather it’s about the right blend of physical vs. virtual experience that makes sense for your customers, your products, and your brand. – Promotions, event and markdowns.

Fulfillment 32

Fulfillment Comparison Shopping Markdowns Promotions 32

Retalon

SEPTEMBER 13, 2015

On the other hand, another retailer might want to enhance the customer experience, so they would choose KPIs like customer satisfaction and retention. This dramatically increases revenue from transfers, lowers inventory costs and increases sales while helping you avoid unnecessary markdowns and subsequent allocations.

Markdowns 32

Markdowns Promotions Customer Experience Fulfillment 32

Retalon

SEPTEMBER 13, 2015

On the other hand, another retailer might want to enhance the customer experience, so they would choose KPIs like customer satisfaction and retention. This dramatically increases revenue from transfers, lowers inventory costs and increases sales while helping you avoid unnecessary markdowns and subsequent allocations.

Markdowns 32

Markdowns Promotions Customer Experience Fulfillment 32

Retalon

MARCH 4, 2019

Retail is changing faster than ever, and keeping up fulfilment needs, competitive pricing, and trendy assortment is costly. Things are done retroactively or not at all, and any changes made tend to be at a category level, not a SKU level, leading to lost sales and unnecessary markdowns.

Inventory Management 32

Inventory Management Markdowns Planning Fulfillment 32

Retail TouchPoints

NOVEMBER 3, 2020

By creating narrower product assortments and limiting inventory levels — especially for product shipments headed to brick-and-mortar stores —merchants would gain the ability to react more quickly to changing consumer trends, and even potentially reduce their need for markdowns. What can retailers do to eliminate or at least minimize these?

Drop-Shipping 186

Drop-Shipping Merchant Services Fulfillment Shipping 186

Retail TouchPoints

FEBRUARY 12, 2021

Let’s take a closer look at the reasons why RFID has been thriving — past, present and future — including how it will continue to play a supporting role in a post-COVID-19 world, and how it shows promising signs of supporting and integrating with emerging technology. Serialized, item-level data sharing through RFID makes visibility possible.

Fulfillment 277

Fulfillment Markdowns Inventory Management Customer Experience 277

Retalon

JULY 4, 2018

Based on the amount of retailers that have been forced to shut their doors in the last three years, there is a major shift that is moving through the retail industry at full force. So what’s the real challenge at hand? Retailers are working hard to get as close as possible to their customers, by reaching them wherever they are.

Promotions 32

Promotions Fulfillment Shipping Markdowns 32

Retail TouchPoints

JULY 31, 2023

alone at $100 billion. Incidents of customers unable to find an associate to help them increased 36.3% We expect this to continue to improve and thankfully many of the issues are targeted at specific products and not as systemic as they have been during the last three years,” according to the report.

Markdowns 245

Markdowns Shipping Fulfillment Consumer 245

Retalon

SEPTEMBER 11, 2020

Demand is an economics concept that describes the willingness of consumers to purchase a specific product at a specific price. Therefore, demand forecasting is a statistical prediction of the willingness of consumers to purchase specific products, at a specific price, in a specific time frame.

Payment Services 41

Payment Services Promotions Accounting Fulfillment 41

Retalon

AUGUST 14, 2023

Customers get the same high-quality experience regardless of how and where they engage with the brand. Inventory management, order fulfillment, and sales data are integrated in one centralized system instead of siloed by channel. Even fractional improvements in efficiency at scale translate to enormous bottom line impact.

Markdowns 41

Markdowns Customer Experience Shopping Planning 41

365 Retail

DECEMBER 5, 2022

There is no doubt that in recent years digital transformation in retail has accelerated at pace. In the shift to what some are calling ‘phygital retail’, retailers are combining the best bits of physical stores and digital retail to create a hybrid shopping experience for customers in line with changing demands. .

Dead-Stock 52

Dead-Stock Fulfillment Markdowns Shipping 52

Retalon

AUGUST 14, 2023

There is very little coordination between them, which leads to disconnected experiences for shoppers. For instance, the e-commerce team might be trying to run a promotion while stores have inadequate inventory to fulfill demand. Enhanced Gross Margins Traditional forecasts are often inaccurate, leading to steep markdowns.

Payment Services 41

Payment Services Fulfillment Planning Markdowns 41

Retalon

AUGUST 5, 2020

Is the right product getting to the right place at the right time? Stock-outs result in lost sales and degrade the customer experience. Retailers must maintain a healthy In-Stock Percentage for every product at every store, in order to avoid out-of-stocks, lost sales, failed promotions, and costly markdowns.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41