RETAIL MANAGEMENT SOFTWARE

MARCH 11, 2022

Do you know how to manage your inventory as effectively as possible? What are the inventory management best practices? If you can’t answer these questions, it’s time to reconsider how you manage your inventory. Tracking your inventory will provide you with the data necessary for these insights.

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Inventory Management Management Inventory Turnover Drop-Shipping 92

Retail TouchPoints

OCTOBER 6, 2023

With the bustling holiday shopping season nearing, many brands have spent the last several months assessing their operational strengths and weaknesses, particularly in logistics and fulfillment. 4: Return rates. Returns are an inevitable part of retail. shoppers returned more — and earlier — than in the previous holiday season.

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Inside Retail

NOVEMBER 23, 2023

Luxury fashion retailer Oroton Group says its profit more than tripled on the back of higher sales and stricter cost and inventory management in FY23. During the year, Oroton opened stores in Paddington and Mosman in NSW, and at Claremont (WA), along with a pop-up store at Melbourne International Airport.

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Net Profit Inventory Management Accessories Apparel 264

Inside Retail

MARCH 7, 2024

Damien Park-Neilson: My journey into e-commerce began unexpectedly, handling returns in a small warehouse for Seko Logistics, which provided a solid foundation in understanding the intricacies of warehousing and end-mile operations. Did having that insight into the way logistics companies operate help you implement best practices at Meshki?

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Fulfillment Shipping Returns Inventory Management 249

Retalon

AUGUST 14, 2023

Furniture inventory management software offers a smarter solution. It provides real-time visibility into your inventory movements across the supply chain. This article explores how furniture inventory management software can unlock new levels of efficiency and competitiveness for modern retailers.

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Inventory Management Management Dead-Stock Inventory Turnover 41

365 Retail

DECEMBER 8, 2021

Many small to medium-sized retailers often think that in order to grow they’ll need to make large-scale investments into robust stock inventory management systems to meet demand effectively. At the touch of a button, they can find savings, identify the most profitable stock lines, and maximise margins. The power of automation .

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Inventory Management Management Fulfillment Supply Chain Management 52

Retail TouchPoints

SEPTEMBER 18, 2023

Dharmesh Mehta, VP of Worldwide Selling Partner Services at Amazon , is celebrating his 10th anniversary with the company this year, and so he kicked off the fourth annual Amazon Accelerate conference for sellers by comparing the differences between the ecommerce platform today and 10 years ago.

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Payment Services Shipping Fulfillment Finance 321

Retail TouchPoints

SEPTEMBER 23, 2022

In internal fulfillment, the business handles the complete process of storing, packing and shipping. The company must have a warehouse to keep its inventory, and a logistics team to manage the goods for storing, ordering and shipping directly to stores/distributors or customers. Each option has its benefits and disadvantages.

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Inside Retail

FEBRUARY 8, 2024

per cent at the end of FY23. Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. King has been on a 12-month rolling contract with Myer since 2018 and has decided to retire at the end of this financial year to return home to Florida to be with his family.

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Department Stores Inventory Management Planning Returns 264

Retail TouchPoints

JULY 26, 2021

There are plenty of good reasons to sell direct, from higher margins to insulation from future pandemics, but succeeding at DTC requires a different set of skills than the B2B environment you’re used to. A tech stack is the ecosystem of hardware and software platforms needed to manage the DTC order fulfillment process from end to end.

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Wholesale Payment Services Fulfillment Returns 279

Retail TouchPoints

SEPTEMBER 7, 2021

Second, initial experiments in deploying robots at the front-of-store, working alongside associates and customers, have been mixed at best. Walmart recently ended its program with Bossa Nova Robotics for inventory-scanning robots at its stores, indicating that associates with scanners could handle the same process better.

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Fulfillment Inventory Management Returns Shopping 277

Retail Bound

APRIL 13, 2024

As Robert Gilbreath, VP of Marketing at ShipStation, a web-based shipping solutions provider, puts it, “Compared to splashy marketing campaigns and new product features, shipping isn’t exactly the sexiest topic. Strategic Considerations: Inventory management becomes paramount. ” says Gilmore.

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Drop-Shipping Shipping Merchant Services Payment Services 97

Inside Retail

JANUARY 11, 2022

Retailers are now investing significant resources into logistics, deploying the latest inventory management systems, automating warehouses and hiring hundreds of hardworking staff in an effort to pick, pack and ship online orders as quickly as possible. Using this stock to fulfil online orders is known as ship-from-store. .

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365 Retail

JUNE 8, 2022

But with great gains come great returns. Significant revenue gets lost when mass quantities of orders are returned, leaving retailers with a ton of inventory that is then discounted, liquidated, or even thrown out. Here, we outline five fundamental approaches to building an efficient returns strategy to recoup at-risk revenue.

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Inside Retail

SEPTEMBER 27, 2022

Earlier this month, we heard from industry experts at Country Road, Klarna and Marketplacer about the latest trends they’ve seen in online and offline shopping, where the two are converging, and where the customer fits in. However, as lockdowns and movement restrictions become more rare, what does this mean for the future of physical stores?

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Payment Services Fulfillment Advertising Inventory Management 320

Retail TouchPoints

DECEMBER 28, 2022

A growing retail and ecommerce business can turn an efficient process into a multi-step nightmare with inaccurate purchasing, order fulfillment and returns processes. Hence the undeniable need for robust warehouse management technologies that are future-focused and effortlessly scalable. Sophisticated Automation.

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Management Fulfillment Drop-Shipping Employee Engagement 279

Inside Retail

MARCH 7, 2024

The brand was co-founded in 2014 by best friends Sarah Miller and Jessie Gargan, who were 23 and 26, respectively, at the time. They had met five years prior when Gargan hired Miller as a Christmas casual at Sportsgirl. It has also enabled the brand to ship from store if an item is out of stock.

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Retail TouchPoints

JANUARY 30, 2023

As such, the store itself features a “completely reimagined” layout and inventory management system developed to enable “accurate and affordable grocery pickup in minutes.” “The 100-year-old grocery business is not immune to disruption,” said Matt Christensen, CEO and Managing Partner at Rose Park Advisors in a statement.

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Retail TouchPoints

FEBRUARY 25, 2022

With more brands and manufacturers applying RFID tags to their goods to meet retailer mandates, technology companies and some retailers are trying to create a path for a return on investment for those suppliers. .” The retailer provided recommendations for three providers: FineLine Technologies , Avery Dennison and PAX Tag and Label.

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I Vend

OCTOBER 10, 2023

Having the ability to predict the future, to know how shoppers are going to behave would make retailers as excited as a child finding a full Santa sack at the end of their bed on Christmas morning. As we race headlong into the holiday season, the best gift that retailers could receive would be…a crystal ball.

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Checkout Inventory Management Payment Services Returns 98

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?

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Merchant Services Fulfillment Drop-Shipping Shipping 41

I Vend

OCTOBER 16, 2023

Inventory management – changed shopping patterns, with purchases spread more evenly over a longer time period mean that retailers must have flawless inventory management to ensure they have the right stock in the right place at the right time, minimising out-of-stocks and overstocks.

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Checkout Inventory Management Payment Services Returns 98

Inside Retail

SEPTEMBER 23, 2022

This week, we chat with Szemei Ng, senior product manager for fulfilment at Amazon Australia. SN: One of the key initiatives that I have led and that I am most proud of would have to be launching the Fulfilment by Amazon exports program last year.

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Fulfillment Inventory Management Shipping Management 130

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?

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Fulfillment Drop-Shipping Shipping Returns 41

Retail Focus

SEPTEMBER 7, 2021

Ben Balfour, Business Operations Director at Advanced Supply Chain Group , shares top tips about how retailers can prepare their supply chains for a Black Friday and Christmas sales surge. Ben Balfour, Business Operations Director at Advanced Supply Chain Group. The first affects stock inventory management.

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Inventory Management Supply Chain Management Shipping Planning 147

Inside Retail

JANUARY 24, 2023

After so much Covid-19 disruption and damage, the National Retail Federation’s (NRF) Big Show returned to the Big Apple with an equally big bang last week. In-store innovation Retailers continue to overhaul legacy systems and integrate in-store tech at pace, with one goal – a seamless customer experience.

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Fulfillment Customer Experience Consumer Returns 130

A1 Retail

SEPTEMBER 4, 2023

The company develops specialist software in-house to provide value-added services covering pre-retail, returns processing, fulfilment, wholesale distribution, and transportation. This forms part of ASC’s plans to open a new logistics and fulfilment centre in Bradford, UK in September 2023, and a new site in Poland by the end of 2027.

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Supply Chain Management Fulfillment Inventory Management Returns 59

Retail Focus

SEPTEMBER 21, 2023

While owning a bar or restaurant is undeniably exciting, this journey is often strewn with myriad challenges that can keep even the most hardened entrepreneur awake at night. Often, staff view these jobs as mere stepping stones, rarely looking at them as long-term career opportunities.

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Inside Retail

MARCH 23, 2022

Many of them are making investments into the additional distribution space to cater for last-mile fulfilment as well as to house extra inventory to protect against shortages. Without the chains or the shops on the ground to be able to help with fulfilment and returns, it all has to come back to warehouses and warehouse hubs.”.

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Fulfillment Inventory Management Returns Location 130

Retail Gazette

OCTOBER 12, 2023

1) Optimise inbound and outbound We’re seeing a growing trend of retailers prioritising a review of their warehousing and fulfilment. ASC research last year found that just over a third (35%) of retailers were focusing on fulfilment, with this increasing to half (50%) this year. Will they be tempted to snap up Black Friday bargains?

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Payment Services Inventory Management Fulfillment Returns 52

Retail TouchPoints

JANUARY 20, 2022

The first Amazon Style store is set to open later this year at The Americana at Brand shopping mall in Los Angeles. “We Amazon Style could be a first foray in the department store realm where the company could expand to other untouched categories at brick-and-mortar, such as homewares. There will be humans working the store too.

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Retail TouchPoints

AUGUST 13, 2020

Every business has to manage excess capacity and/or inventory: restaurants have excess food and empty tables; hotels and homeowners have vacant rooms; retailers have overstock and returns. Inventory levels will be further exacerbated by a spike in returns. Applying Marketplace Dynamics To Excess Inventory.

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Apparel Inventory Management Finance Returns 279

Retail Focus

JANUARY 12, 2023

Inventory Management. Inventory management uses many systems to keep your customers and staff informed of order updates and inventory status, such as procurement, warehouse management, order tracking, etc. No company likes having goods sent back any more than customers like returning them. The result?

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Payment Services Inventory Management Returns Checkout 130

Rain Pros

AUGUST 18, 2023

Customers can easily access different products, compare prices, discover new brands and make purchases from anywhere, anytime, at their own pace. It can differentiate retail stores online and put you ahead of your competitors by ensuring you can deliver the right products faster, to the right place, on time and at the right price.

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Payment Services Drop-Shipping Shipping Inventory Management 52

Rain Pros

AUGUST 18, 2023

Customers can easily access different products, compare prices, discover new brands and make purchases from anywhere, anytime, at their own pace. It can differentiate retail stores online and put you ahead of your competitors by ensuring you can deliver the right products faster, to the right place, on time and at the right price.

Payment Services 52

Payment Services Drop-Shipping Shipping Inventory Management 52

Retail Gazette

AUGUST 18, 2023

The company develops specialist software in-house to provide value-added services covering pre-retail, returns processing, fulfilment, wholesale distribution, and transportation. This forms part of ASC’s plans to open a new logistics and fulfilment centre in Bradford, UK in September 2023, and a new site in Poland by the end of 2027.

Supply Chain Management 52

Supply Chain Management Fulfillment Returns Inventory Management 52

365 Retail

JANUARY 17, 2024

Paul Taylor, chief operating officer at international fulfilment services provider fulfilmentcrowd, looks at how e-commerce retailers can effectively scale-up, so that demand doesn’t outpace supply. This remains up on February 2020 when, prior to COVID-19 impacting the UK, the proportion of online sales stood at 19.8%.

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