Remove ATS Remove Inventory Management Remove Promotions Remove Retailing Pricing
article thumbnail

Preparing For Peak; Five Tips For Getting Supply Chains Fit For The Festive Season

Retail Focus

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.

article thumbnail

You Can’t Spell Retail Without AI

Retail TouchPoints

Over the last year or so we’ve seen retailers and ecommerce sellers adopting AI tools at a frenetic pace. From backend inventory optimization to identifying salesfloor hotspots to highly targeted marketing programs, we’re seeing an influx of great retailing practices, all being driven by AI.

Checkout 305
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Wiser

As detailed by industry experts at the panel, the impact of staffing shortages extends beyond the bottom line. With so many tasks and not enough hands, businesses are turning to third-party services to fill the gap, often leading to additional costs and higher prices for consumers.

article thumbnail

As the Holidays Approach, it’s Time to Rethink Retail Pricing Methodology…and AI Can Help

Retail TouchPoints

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?

Markdowns 246
article thumbnail

Preparing For Peak; Five Tips For Getting Supply Chains Fit For The Festive Season

365 Retail

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.

article thumbnail

5 Killer Ecommerce Pricing Strategies for Max Profits (2023)

Retalon

Ready to master the art and science of profitable online retail pricing? Understanding the Basics of Ecommerce Pricing Strategies Before looking at specific tactics and tools, we need to cover some ecommerce pricing fundamentals. What exactly is an ecommerce pricing strategy? Or does it barely budge at all?

article thumbnail

Online vs. Offline Retail – Blurring the Line between Bricks and Clicks

Retalon

If you doubt the benefit of such a strategy, just consider the speed at which Amazon has started to acquire physical locations – over 500, including Wholefoods and book stores. Over the last couple of decades, the challenges facing retailers have changed significantly, causing brands to rethink traditional strategies.