Remove ATS Remove Inventory Management Remove Shrinkage
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Smart supply chains tackle labour, inventory and fulfilment challenges

Inside Retail

Ferags Skyfall pouch sorter can be pre-sorted at the distribution centre to align with store-specific requirements. Inventory inaccuracies are draining revenue and impacting EBIT Poor inventory visibility results in overstocking, delayed replenishment, stockouts, and lost sales, all of which directly impact profitability.

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Inventory management for efficiency and experience

I Vend

At the same time, we’re seeing increasing stock outs, with 80% * of shoppers saying they saw a decline in stock levels in 2022. This lack of inventory costs retailers an estimated up to 8% of revenue in lost sales. iVend Retail Inventory Management Inventory management drives store efficiency and customer experience.

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The Rise of Micro Markets in Airports

Retail TouchPoints

Having more kiosks for customers to check in at also allows staff to be more flexible. Micro markets often come with management software that can help airport employees in the food and beverage industry increase productivity and optimize operations. The inventory management features also help operators track any theft.

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5 Real-World Ways 5G Will Transform Retail

Retail TouchPoints

5G is really three things — speed , latency and massive connectivity ,” said Michael Colaneri, a 30-year AT&T veteran who now leads the telecom’s retail business vertical. Here are five places where 5G-enabled experiences/solutions are either being tested or have already been deployed at retail. What is 5G, Really?

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Sick of hearing about AI? The key is understanding how to make it work for you

Inside Retail

In this article, we will look at the benefits and the key areas to apply AI in the retail industry. Inventory management Predictive analytics: This helps optimise your stock levels, preventing overstocking and stockouts. Shoppers can receive personalised support at any time, ensuring satisfaction and encouraging repeat visits.

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5G in Retail: Creating the WOW factor

Retail TouchPoints

Retailers that understand the customer journey and adopt innovative strategies are looking at ways to turn their brick-and-mortar stores into experience centers. 5G provides an alternate method to keep the store connected at all times. 5G can reduce wasted time and prevent inventory shrinkage, providing retailers with cost savings.

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How smart new technologies are improving sales and reducing costs for retailers

Inside Retail

Retailers worldwide may be facing challenging times right now, but the evolution of technology – including the deployment of AI – is opening the way to dramatic improvements in productivity at all stages of the retail business model. And that’s where your Workforce Management systems come into play,” says Bretherton.