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Three key inventory strategies Adidas uses to stay ahead

Inside Retail

Last year, retailers worldwide grappled with stockouts, overstocking, and shrinkage. Lost sales, frustrated customers, and weakened brand loyalty are all at stake. They want to check product availability at nearby locations or have items delivered, all while trusting that the information they see is accurate and up to date.

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Investing in Security: How Physical Barriers Protect your Bottom Line

Retail TouchPoints

Retail chains across the country have even reported missing quarterly earnings expectations due to inventory shrinkage, highlighting a crisis that affects businesses of all sizes. Jeff Chevalier is SVP at Metro Door, a TrueSource and OnPoint Group Company and partner to more than half of the U.S. In 2023, U.S.

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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. A 2024 survey found that almost40 per cent of Australian retailers are forced to cancel at least one in 10 customer orders due to inaccurate inventory data. These inefficiencies carry a measurable cost.

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Rethinking Pricing: How Dynamic Markdowns can Combat Food Insecurity

Retail TouchPoints

is at an all-time high, with one in four Americans struggling to afford basic groceries due to rising food costs – a situation only exacerbated by inflation. Why Dynamic Pricing Isn’t Working At first glance, dynamic pricing seems like a smart solution — prices go up when demand spikes and down when there is surplus.

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Data and security have become key competitive advantages for all retailers

Inside Retail

Consumer tendencies are changing,” explains Mahesh Krishnan​, CTO at Fujitsu Australia and New Zealand. They are looking at things like speed and convenience, and self-checkout has become commonplace in all supermarkets and convenience stores today. So how can we continue enhancing those outcomes for clients online?”

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The productivity revolution: Transforming retail operations to combat inflation

Inside Retail

The competitive edge By cultivating deep operational excellence capabilities at every level from the executive suite to the front line businesses can unlock transformative value. Shrinkage: -15 per cent. About the author: James Lee is a partner at Argon & Co ANZ. Sales: +25 per cent. Market share: +2.2

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10 Tips to Improve Inventory Management

Small Biz Trends

You should aim to perform audits at least annually, but consider more frequent checks, such as monthly or even weekly, particularly for high-demand items. Physical counts allow you to monitor shrinkage and understand inventory costs, providing valuable insights into areas needing improvement.

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