Retail TouchPoints

APRIL 25, 2022

With the help of AI and automation, retailers can more precisely estimate the amount of inventory to keep in stock at any given time while minimizing production waste and the dreaded “out-of-stock” status. Navigating the Dynamic and Evolving Shipping Industry.

Supply Chain Management 269

Supply Chain Management Inventory Management Shipping Management 269

Retail TouchPoints

DECEMBER 5, 2022

million of liquidity available at the end of Q3 2022, including about $92 million of availability under asset-based credit lines, against nearly $1.8 It also hired a Chief Operating Officer to help revamp supply chain operations and find savings across store efficiency, marketing expenses and information technology contracts.

Inventory Management 259

Inventory Management Shipping Management Marketing 259

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. .

Fulfillment 200

Fulfillment Shipping Inventory Management Location 200

Retail TouchPoints

JUNE 6, 2023

While that’s attractive marketing fodder for retail CMOs who want to appeal to environmentally minded consumers, CFOs will appreciate the potential profitability of selling an article of clothing not just once but twice or more in the circular economy. Opportunity #1: Cost-efficient inventory management.

Merchant Services 233

Merchant Services Inventory Management Shipping Consumer 233

Retail TouchPoints

FEBRUARY 17, 2022

Chico’s FAS has entered a strategic partnership with solution provider fabric to improve its speed-to-market for initiatives designed to accelerate growth. Chico’s will leverage fabric’s technology, including omnichannel order management and inventory systems, to power its commerce offerings across the entire company.

Social Commerce 243

Social Commerce Inventory Management Boutique Shipping 243

Retail TouchPoints

OCTOBER 6, 2023

Accurate demand forecasting is the bedrock of efficient inventory management — a vital logistics function that should be operating at peak performance levels during the holiday shopping season when consumers expect the inventory they want to be available. 3: Order accuracy. Peak season is not forgiving of errors.

Fulfillment 253

Fulfillment Returns Shipping Promotions 253

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.

Fulfillment 280

Fulfillment Shipping Inventory Management Management 280

Bindo

JULY 18, 2017

TOP 6 INVENTORY MANAGEMENT TIPS THAT GIVE AMAZING RESULTS. Inventory management is all about getting the balance right; making sure you offer the right selection of products and services to the right customers while committing minimized cash and costs. The need for cycle counting is integral in order to manage inventory.

Inventory Management 40

Inventory Management Management Planning Shipping 40

Inside Retail

NOVEMBER 6, 2023

Here are four key ways retailers can secure sales this season: Understand inventory Retailers need to have an accurate understanding of inventory. If retailers are to thrive this holiday season, they must improve inventory data and its visibility. Jamie Cairns is chief strategy officer at Fluent Commerce.

Shipping 130

Shipping Fulfillment Inventory Management Customer Experience 130

Retail TouchPoints

JUNE 26, 2023

Groundbreaking at the time, but now sorely outdated, UPCs are finally getting a facelift and moving into the 21st century thanks to the GS1 Sunrise 2027 initiative. And in 2014, Inditex SA, which owns fast-fashion giant Zara, implemented RFID to effectively track all its products at every step in the process. A true win-win!

Merchant Services 257

Merchant Services Inventory Management Grocer Customer Experience 257

Inside Retail

JANUARY 12, 2022

Staff shortages and supply chain/delivery issues are the most pressing challenges facing retail businesses in Australia at present, according to an online poll conducted by the Australian Retailers Association (ARA). Other factors at play’.

Supermarket 246

Supermarket Shipping Inventory Management Returns 246

Retail TouchPoints

JULY 22, 2022

At the end of 2021, the editors of Retail TouchPoints took a stab at predicting what would happen in ecommerce in 2022. Now, at the halfway point of the year, we thought we’d check in on how well our predictions have held up. 2022 certainly isn’t turning out how anyone thought it would.

Social Commerce 293

Social Commerce Inventory Management Fulfillment Shipping 293

Inside Retail

MARCH 7, 2024

Despite a slight dip in 2020, the global apparel market is set to grow to about US$2 trillion by 2028, from US$1.79 Locally, women’s apparel represents the largest segment with an estimated market volume of US$11.86 billion; the men’s apparel market is about half of that, worth US$6.35 billion apparel industry in Australia.

Boutique 130

Boutique Apparel Fashion Wholesale 130

Retail TouchPoints

JANUARY 20, 2022

Those disruptions, and their ripple effects on shipping, distribution and warehousing, are expected to continue for months to come and into 2022, meaning that decentralization will remain a core strategy for ensuring business continuity. Vishal Patel is VP of Product Marketing and Technology at Ivalua.

Merchant Services 214

Merchant Services Clienteling Shipping Inventory Management 214

Retail TouchPoints

JANUARY 3, 2024

In the rapidly expanding ecommerce market, projected to reach $3 billion in 2023, a significant 20% to 30% of online purchases end up being returned. Then there’s the hassle of printing a return label, carefully repackaging the dress and taking time out of her busy day to drop it off at a shipping location.

Returns 244

Returns Drop-Shipping Customer Experience Customer Retention 244

Inside Retail

FEBRUARY 26, 2024

There was good news in January when the Consumer Price Index slowed to the lowest rate in two years; however, experts recognise that the most volatile factors, such as rental rates and energy markets, remain the biggest drivers. This instability, together with increased gas and energy prices, has affected shipping costs.

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

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. Building an online presence starts with a well-designed website supported by an effective digital marketing plan. Digital Marketing.

Wholesale 267

Wholesale Payment Services Fulfillment Returns 267

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. The most recent ONS Retail Sales data (Great Britain, January 2022) shows that the proportion of online sales in the UK stands at 25.3%.

Shipping 52

Shipping Inventory Management Fulfillment Supply Chain Management 52

Retail TouchPoints

NOVEMBER 18, 2021

Last year, COVID-19 lockdowns that restricted shopping at brick-and-mortar stores sent shoppers online. But this “new normal” requires retailers to have access to accurate inventory data — often across multiple channels, both in-store and online. Ashish Sahu is Head of Product and Solution Marketing at Redis.

Supply Chain Management 217

Supply Chain Management Fulfillment Shipping Inventory Management 217

Inside Retail

JANUARY 25, 2022

E-commerce order fulfilment specialists, SKUtopia, are further extending their Australian leadership by working with Swisslog to introduce an automated Micro-Fulfillment Centre (MFC) in Sydney, which mirrors similar systems used in world-leading e-commerce markets, including the US.

Fulfillment 130

Fulfillment Shipping Inventory Management Management 130

Retail TouchPoints

APRIL 26, 2022

Foxtrot is taking its own approach to the rapid delivery market by embracing a fully omnichannel operation. Foxtrot will be among the innovative thought leaders presenting at the 2022 Retail Innovation Conference and Expo on May 10-12, 2022, in Chicago. At the end of the day though , for us , fast delivery is table stakes.

Payment Services 235

Payment Services Drop-Shipping Shipping Inventory Management 235

Rain Pros

AUGUST 18, 2023

It has intensified competition by making it easier to enter the market, offering more choices for consumers and making it easier to make informed choices and demand better value for money. Customers can easily access different products, compare prices, discover new brands and make purchases from anywhere, anytime, at their own pace.

Payment Services 52

Payment Services Drop-Shipping Shipping Inventory Management 52

Rain Pros

AUGUST 18, 2023

It has intensified competition by making it easier to enter the market, offering more choices for consumers and making it easier to make informed choices and demand better value for money. Customers can easily access different products, compare prices, discover new brands and make purchases from anywhere, anytime, at their own pace.

Payment Services 52

Payment Services Drop-Shipping Shipping Inventory Management 52

Retail TouchPoints

FEBRUARY 10, 2022

Over the course of her 30-year career, The Vitamin Shoppe CEO has held leadership roles at Godiva , Sally Beauty , Pier 1 , Bath & Body Works , Gap and The Disney Store. It’s been a while since she’s been on the front lines though — not since the late ‘80s to be exact, when she was a manager at Express.

Inventory Management 281

Inventory Management Beauty and Health Management Planning 281

Retail TouchPoints

NOVEMBER 28, 2023

As Santa and his elves get down to business at the North Pole, there is another factory ramping up production a bit closer to home. Now the personalization magic happens at a 365,000-square-foot facility with 500 machines that customize a catalog of 40,000 SKUs. In the Chicago suburb of Bolingbrook, Ill., It’s a lasting keepsake.”

Payment Services 210

Payment Services Shipping Marketing Inventory Management 210

Retail TouchPoints

MARCH 9, 2022

It’s those retailers that can most quickly and accurately react to these turbulent market forces and behaviors that are creating the most innovative and positive customer experiences. The rest are at risk of losing customer loyalty, brand affinity and revenue. Reports for every team member.

Store Layout 280

Store Layout Customer Experience Inventory Management Marketing 280

Retail TouchPoints

JULY 14, 2021

To fully understand current practices, challenges and opportunities, CI&T conducted qualitative interviews and quantitative surveys with 115 executives at big-box retailers and CPG suppliers. Suppliers reported looking at sales data year-over-year, whereas retailers were doing so month-to-month. “If

Inventory Management 262

Inventory Management Grocer Consumer Planning 262

Retail TouchPoints

DECEMBER 28, 2022

The ever-changing retail market has made automation a necessity. According to recent research, the global warehouse automation market is estimated to grow at a CAGR of 14%, reaching $30 billion by 2026. However, this doesn’t mean introducing robotics into warehouse operations and completely cutting down the labor force.

Management 253

Management Fulfillment Drop-Shipping Employee Engagement 253

Retail Bound

FEBRUARY 21, 2022

Reduced Shipping Costs and Time-To-Customer. Currently, Amazon can ship to 72% of the US population in just a day. Since customers are highly influenced by delivery timelines and shipping costs, working with a 3PL with strategically located distribution centers can give your business competitive delivery and cost options.

Shipping 98

Shipping Fulfillment Inventory Management Wholesale 98

Retail TouchPoints

OCTOBER 6, 2022

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces. However, there are other dynamics at play that will impact seasonal results.

Merchant Services 226

Merchant Services Payment Services Promotions Location 226

Retail TouchPoints

JANUARY 13, 2023

Introduce buyers to the right product at the right time. At least 49% of consumers have purchased a product they didn’t plan to after receiving a personalized product recommendation. A recent report by GWI, a consumer insights company, stated that the secondhand market is expected to double to $82 billion by 2026 in the U.S.

Returns 244

Returns Consumer Inventory Management Customer Experience 244

Retail TouchPoints

MAY 18, 2021

However, taking advantage of this growing market isn’t easy, with higher churn rates making it difficult for brands to cover acquisition costs and scale revenues. It requires close attention to the entire journey, from growing awareness of the subscription offering to managing recurring orders. Offer Valuable Incentives.

Merchant Services 148

Merchant Services Shipping Promotions Payment Services 148

I Love Fashion

JANUARY 4, 2021

Fashion Digital Marketing Agency. Like other industry verticals, the Fashion eCommerce Marketing retail landscape has also endured a tangible change. Well, as per the GP Bullhound Consumer Internet index, Amazon, with a market capitalization of 1,597.2 The worldwide retail eCommerce sale which amounted to 3.53 Indeed they can.

Fashion 111

Fashion Inventory Management Marketing Shipping 111

Inside Retail

MARCH 2, 2023

One such advancement is the development of Autonomous Mobile Robots (AMRs), which have been implemented by a range of companies – including Catch, Toys R Us , and a number of other retailers – for task enhancements ranging from inventory management, order fulfilment, delivery and customer service.

Fulfillment 130

Fulfillment Inventory Management Beauty and Health Management 130

Retail TouchPoints

JULY 20, 2020

While the latter may be true, excess inventory also has a silver lining of hidden pathways to optimizing excess inventory that lead straight to your bottom line through distribution in the off-price retail market. In turn, brands should view their affiliation with off-price retailers as opportunistic partnerships.

Inventory Management 148

Inventory Management Apparel Fashion Specialty Store 148

Small Biz Trends

DECEMBER 1, 2022

An all-inclusive e-store management platform. Too often, e-commerce employees are forced to work on several different platforms to get work done, like a product inventory management system, a warehouse management system, and more. Instead, seek out payment processing software that’s on the market already.

Merchant Services 138

Merchant Services Payment Services Shipping Inventory Management 138

Retail Focus

NOVEMBER 28, 2022

Senior retail consultant at Univers Retail | Published author | Visiting lecturer. As consumption is becoming less focused on the product and more focused on the experience of accessing the product, new brand management practices are being shaped, whether at luxury or mass industry levels. Ghalia BOUSTANI, PhD.

Customer Experience 246

Customer Experience Management Payment Services Clienteling 246