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How Retailers can Combat Inventory Shrinkage with Drone-Powered Warehouse Monitoring

Retail TouchPoints

There’s been a lot of talk recently about retailers reporting lower-than-expected earnings due to inventory shrinkage. According to the Corporate Finance Institute , “Inventory shrinkage occurs when the number of products in stock are fewer than those recorded on the inventory list. What does this mean exactly?

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Detego Offers An RFID-Powered Factory-To-Store Shipment Validation Tool

Retail TouchPoints

Detego , an RFID software solution provider for fashion and sports retailers, has launched tools that validate factory shipments at the item level, to help prevent shipping errors and provide complete traceability throughout the supply chain.

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As warehouses get greener, demand for eco-friendly packaging is soaring

Inside Retail

Saar Davidi, innovation director, automation, at Ranpak says a combination of new technologies and sustainable materials is making it easier for marketplaces and retailers to satisfy consumer expectations – and suggests that those not taking advantage of them are potentially leaving cost savings on the table.

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Everything You Need to Know About Keystone Pricing

Wiser

In this short guide, we’ll look at what keystone pricing is, when and how you should use it, and how it compares to similar pricing strategies. By doubling the wholesale cost and setting your initial sale price at that level, you can generally get some kind of profit margin, while gathering data on how customers reacted to the initial price.

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Jason & Scot Show Episode 282 – Cyberweek Recap with Salesforce’s Rob Garf

Retail Geek

Episode 282 is a breakdown of November Holiday and CyberWeek sales with Rob Garf, VP and GM, Retail at SalesforceVP and GM, Retail at Salesforce. Rob Garf ( @retailrobgarf ) is VP and GM, Retail at Salesforce. Second for all the great work you do foreign with your co-workers at Salesforce and then third you are the.