Inside Retail

SEPTEMBER 3, 2024

In this article, we will look at the benefits and the key areas to apply AI in the retail industry. Retailers are integrating AI with bricks-and-mortar shops and online platforms to give the shopping experience a remarkable transformation, enhancing both customer satisfaction and operational efficiency.

Loss Prevention

Retail TouchPoints

NOVEMBER 18, 2021

Holiday shopping season is upon us. 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.

Supply Chain Management

Retail Customer Experience

OCTOBER 2, 2023

The technology displayed at groceryshop covered many aspects of grocery retailing — from omnichannel integration to in-store promotions to inventory management to visual merchandising to supply chain management — much including self service applications.

Supply Chain Management

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. 1) Don’t play the waiting game.

Supply Chain Management

Inside Retail

DECEMBER 21, 2022

According to Oracle’s latest Retail Consumer Study , 53 per cent of consumers plan to shop mostly in-store this holiday season, and an additional 25 per cent plan to shop through a combination of in-store and online channels. Not only will this help ensure margins are managed, but it will ensure customer expectations are met.

Supply Chain Management

Inside Retail

APRIL 25, 2023

This can be seen by the adoption of QR codes – the use of which accelerated amid Covid-19 restrictions – self checkout in supermarkets and autonomous mobile robots, which are being utilised by major retailers for (among other things) logistical, supply chain and other inventory management tasks.

Shopping

Retail TouchPoints

FEBRUARY 10, 2021

Between the need for more expansive ecommerce functions, low-contact or no-contact shopping experiences, virtual communication between businesses and consumers and the digitization of functions like inventory and customer service, here are the top 10 technology trends pushing retail into the future faster than ever before.

Payment Services

365 Retail

DECEMBER 8, 2021

According to Google, online sales throughout November and December can account for up to 30% of a company’s annual sales, while peak shopping dates such as Black Friday deliver upwards of three times more traffic for online retailers. With the right solution, and support, they don’t need to be supply chain experts to do this.

Inventory Management

Inside Retail

FEBRUARY 26, 2024

Set benchmarks for inventory management, including the rate of inventory turnover and tracking and fill rate. Continue to review minimum stock limits and develop contingency plans should supply issues emerge.

Inventory Turnover

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 7, 2023

Personalization at Scale One of the standout features of AI in marketing is its ability to deliver personalized experiences to consumers on a massive scale. Predictive Analytics AI excels at predictive analytics, helping retailers and CPG companies forecast trends, demand, and inventory needs with unparalleled accuracy.

Marketing

Independent Retailer

SEPTEMBER 13, 2022

They lacked flexibility in their supply chain management strategies, which did not help them foresee such a drastic change in ordering habits. The supply chain is a systematic process of delivering goods to consumers. The Impact of Technology on Supply Chain Management. In the U.S., Innovation.

Supply Chain Management

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

I Vend

AUGUST 13, 2023

They put customer requirements at the heart of store operations – whether that’s merchandise, functionality online store functionality, omnichannel retail transactions, returns policy, payment options, in-store service, or tailored loyalty programs. So the first common feature we see in successful retailers is their customer-centricity.

Payment Services

I Vend

SEPTEMBER 14, 2023

Let’s now look at the remaining five ways that retailers can make sure they’re front runners, and not also rans. We’ve looked at the importance of a customer-centric approach, data-based decisions, omnichannel, supply chain management and your team. Check out the article here if you missed it).

Payment Services

M19 Retail

OCTOBER 29, 2024

People at the Core: How Systems Empower Teams to Enhance Retail Experiences In retail, it’s easy to get lost in metrics—sales figures, inventory counts, or operational efficiencies. Customers noticed the difference, resulting in a more enjoyable shopping experience and improved store performance.

ATS

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.

Supply Chain Management

Retail Assist

APRIL 28, 2023

Persistent challenges such as increased competition, changing customer preferences, and supply chain disruptions were met with various innovations such as AI-powered inventory management systems, personalised marketing strategies, and blockchain-based supply chain platforms.

Supply Chain Management

Retail Assist

SEPTEMBER 3, 2024

It calls for a seamless integration of all business processes, from inventory management to customer experience. Improved Inventory Management: One of the most critical aspects of retail is inventory management. Staying ahead means more than just knowing your market and customers inside out.

Inventory Management

Wiser

JUNE 13, 2024

E-commerce platforms prioritize available products because they aim to provide the best shopping experience to their users. If your inventory management isn’t up to par and your products frequently go out of stock, your share of search will suffer. Consequently, this task is completed sporadically or, in many cases, not at all.

Inventory Management

RETAIL MANAGEMENT SOFTWARE

AUGUST 26, 2024

What is a Pet Shop Management System? A Pet Shop Management System is an integrated software solution designed to manage the unique aspects of running a pet store. A robust POS system should offer real-time inventory tracking, automatic stock updates, and alerts for low stock levels.

Payment Services

M19 Retail

FEBRUARY 7, 2025

Scaling Retail Success: The Right Solutions For Growing Multi-Chain Enterprises In todays fast-paced retail world, businesses of all sizes face unique challenges. But as your business grows, so do the complexities of supply chain management, financial audits, and scalability. Thats where our enterprise solution comes in.

Supply Chain Management

365 Retail

JUNE 8, 2022

Here, we outline five fundamental approaches to building an efficient returns strategy to recoup at-risk revenue. Retailers should be using an inventory management platform that provides a real-time overview of their stock. Place Sustainability at the Heart of Your Returns Process. Is it in the warehouse? In a store?

Returns

Storis

SEPTEMBER 19, 2024

This approach allows retailers to reach customers wherever they are, catering to their diverse preferences and shopping behaviors. This strategy emphasizes the integration of all channels into a unified source of truth to provide a seamless shopping experience.

Supply Chain Management

M19 Retail

OCTOBER 15, 2024

Alterra is now live on Mi9 Platform (for its retail business) at six of their resorts with the remainder slated for 2025. We also removed the risk of running on obsolete software while simplifying administration and management of our software assets.” ” – Eugene Voronov, EVP & GM at Mi9 Retail.

Merchant Services

365 Retail

NOVEMBER 17, 2023

Retailers are leveraging technology to create personalised, engaging, and seamless shopping experiences. From AI-driven recommendations to virtual try-ons, technology enhances interaction at every touchpoint. IT solutions enable retailers to gather and analyse customer data, providing insights into preferences and behaviours.

Supply Chain Management

365 Retail

MAY 5, 2023

In the next decade, we can expect to see groundbreaking advancements that will further transform the shopping experience, both online and offline. Online Retail: Personalization, Chatbots, and Predictive Analytics In the e-commerce landscape, AI has played a pivotal role in creating personalized shopping experiences for consumers.

Store Layout

RETAIL MANAGEMENT SOFTWARE

OCTOBER 29, 2024

One of the most powerful tools at a retailer’s disposal is an Enterprise Resource Planning (ERP) system. This integration results in smoother operations across departments, including sales, inventory, finance, and human resources.

Inventory Management

RETAIL MANAGEMENT SOFTWARE

OCTOBER 22, 2020

While brick and mortar stores still play a strategic role in this market vertical, online shopping has skyrocketed, and with $294 billion expected in online home furnishing sales by 2022, retail store owners can no longer afford to miss out on the opportunity to ramp up their cross-channel game plans. How well do you know them?

Payment Services

Retail Minded

MARCH 2, 2022

Many retailers use robots as coworkers in factories, warehouses, and shops. Automated Inventory Management. RPA bots can automatically update inventory databases. An unattended bot may run at the end of each day, updating records in inventory management systems. Logistics and Supply Chain Management.

Payment Services

365 Retail

JULY 19, 2022

Melissa Minkow, Director, Retail Strategy at digital consultancy, CI&T. The growth of omnichannel shopping is causing the retail landscape to evolve, and there’s no one-size-fits-all solution. Flexible supply chains. Without proper preparation or a fluid strategy, these costs can swallow up profits.

Consumer

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

365 Retail

SEPTEMBER 1, 2024

This essay will look at how stores may leverage Big Data to propel expansion and provide useful, doable guidance on how to make most of this great resource available. Retailers with the correct tools may examine buying habits, project future directions, maximise inventory control, and even enhance supply chain management.

Target Market

M19 Retail

APRIL 14, 2021

The multiplication of choices induced by this model translates into a drop in productivity of the physical store space and an increase in markdowns at the end of the season to sell unsold products. For all of these reasons, supply management is one of the current priorities of many retailers, the health crisis having served as an accelerator.

Point of Sale

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

Inside Retail

FEBRUARY 10, 2025

The Iconic recently launched a ‘Click, Try & Collect’ store, giving customers a hybrid shopping experience where they can try on items before committing to a purchase. The company has also expanded to Uber Eats, allowing customers to order pet supplies alongside their meals for even faster access.

Inventory Turnover

365 Retail

JANUARY 28, 2025

Generative AI is transforming IT solutions at a pace that was unimaginable just a few years ago. These smart systems could soon autonomously browse the internet, shop for products, and retrieve information a shift that represents a significant evolution in digital interactions.

Supply Chain Management