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. Optimized supply chain management to avoid stockouts and overstocking.

Supply Chain Management 218

Supply Chain Management Fulfillment Shipping Inventory Management 218

365 Retail

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. 1) Don’t play the waiting game.

Inventory Management 52

Inventory Management Supply Chain Management Shipping Planning 52

Retail Minded

MARCH 2, 2022

It is a prerequisite for many retail activities, such as trade promotions, new product launches, and churn rate reduction. . Trade Promotions. Trade promotions are important for retail businesses, but manually administering them is costly. . If an RPA is in place, trade promotions can be done swiftly and efficiently.

Payment Services 52

Payment Services Inventory Management Promotions Accounting 52

Retail Minded

JANUARY 1, 2024

This strategy is critically important to streamline stock management and avoid carrying excess inventory into the next year – a problem that plagues the majority of supply chain managers. Contributed by Pete Reilly, COO at AnswerRocket.

Supply Chain Management 52

Supply Chain Management Inventory Management Consumer Management 52

Retail Bound

MARCH 21, 2024

At first glance, each strategy may not seem novel or innovative, but must be considered as best practice and part of a thoughtful overarching strategy toward growth. Strategic alliances leverage strengths, share resources, and facilitate market expansion through joint marketing initiatives and cross-promotional campaigns.

Payment Services 52

Payment Services Wholesale Supply Chain Management Customer Retention 52

365 Retail

NOVEMBER 13, 2023

Yet potentially it can be a very rewarding period for sales if forecast and managed correctly. We’ll look at what seasonal demand means and its impact on retail businesses, coupled with actionable insights on dealing with related obstacles while taking action to optimise profitability. Let’s look at some examples of seasonal products.

Inventory Management 52

Inventory Management Management Planning Drop-Shipping 52

Independent Retailer

APRIL 21, 2022

The good news is that brands who proactively take the right steps to deal with supply chain issues ahead of time can do more than just survive — they can thrive. After all, when supply chain management is effective, it is proven to lower a company’s overall costs and boost profitability. O ptimize Inventory.

Shipping 83

Shipping Supply Chain Management Management Promotions 83

Retalon

JULY 30, 2019

BOPIS allows shoppers to purchase their item online and then pick it up in person at a brick-and-mortar location. The report quotes Robert Hetu, VP Analyst at Gartner, who says: “Costly levers such as same-day delivery, free shipping, and free returns are annihilating any gains in revenue, leaving retailers in the red.”.

Fulfillment 32

Fulfillment Drop-Shipping Shipping Supply Chain Management 32

I Vend

DECEMBER 10, 2023

Here we take a look at how retail technology can help to streamline the top 10 key retail processes, and how a unified retail POS pulls them all together into a single, highly optimized retail operations platform. Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail.

Shrinkage 87

Shrinkage Inventory Management Store Layout Checkout 87

I Love Fashion

JANUARY 19, 2023

Wholesale clothing supplier sells large amounts of products to online store owners or retailers at a comparatively lower price than the market. Since 2005, it has been selling high-quality and trendy products at a reasonable price. It offers high-quality women’s clothing at an affordable price. Let’s know about them.

Wholesale 40

Wholesale Merchant Services Fashion Payment Services 40

365 Retail

MAY 5, 2023

Predictive analytics, another AI-driven tool, has been instrumental in helping retailers optimize their inventory management and pricing strategies. By identifying customers as they enter a store, retailers can offer personalized greetings, promotions, and recommendations based on individual preferences and shopping histories.

Store Layout 80

Store Layout Promotions Inventory Management Advertising 80