Remove Checkout Remove Customer Experience Remove Inventory Management Remove Supply Chain Management
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How Hot Topic and Lamps Plus Mastered Inventory Management and More

Retail TouchPoints

Smart retailers are realizing that their increasingly complex omnichannel offerings have made strong supply chain management more important than ever. Retailers need to handle inventory in stores and distribution centers, keep an eye on both digital and physical shelves and keep costs down with efficient logistics and routing.

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From smart mirrors to in-car shopping: the tech shaping retail’s future

Inside Retail

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.

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Stop out of stocks denting your profits this holiday season

I Vend

Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail. So inventory management is essential. Retail technology can streamline inventory management by enabling retailers to accurately track goods from delivery to sale through to returns.

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Ten competitive strategies of successful retailers

I Vend

Adopt a customer-centric approach – One of the reasons that retail is so competitive is the sheer power that rests with shoppers. They have become ever more demanding about what they want: service, price, choice, convenience, omnichannel retail, frictionless checkout – and if they’re not satisfied, they simply go elsewhere.

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The Rise of AI in Retail: Transforming the Industry Online, In-Store, and Socially

365 Retail

By handling repetitive and mundane tasks, chatbots free up human employees to focus on more complex customer service issues, leading to more efficient operations. Predictive analytics, another AI-driven tool, has been instrumental in helping retailers optimize their inventory management and pricing strategies.