article thumbnail

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. It manages our BOPIS component. We also have a heavy ship-from-store side, and it also drives our curbside pickup component.

article thumbnail

Australia’s supply chains should never look the same again

Inside Retail

This is particularly true for retail supply-chain management. What might be lost on impulse purchases in checkout queues will be more than regained in the lifetime customer value linked to an enhanced brand experience, and the reduced supply-chain costs stemming from more detailed and accurate demand forecasting.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cross-Channel Home Décor Retailing: 5 Take Away Lessons from The Game Changers

RETAIL MANAGEMENT SOFTWARE

Moreover, retailers have improved their customer journey experience with personalization, visualization, and agile checkout capabilities as well as the ability to capitalize on any ecommerce activities which the customer may have started on various media platforms. To attract new customers, they run flash sales on festivals and holidays.

article thumbnail

Majority Report: 2022 Predictions on How AI Will Impact Global Industries

Nvidia

They predicted each would move from planning to production as businesses seek new avenues for product forecasting, supply chain management and scientific research. Supply chain optimization will become a critical area for retailers to meet customer demands for product availability and faster delivery.