I Vend

FEBRUARY 6, 2023

‘Out of stock’ – a phrase that no retailer wants to utter, and no consumer wants to hear. Not being able to buy what they want frustrates consumers, who are demanding that retailers are ‘never out of stock *. Mis-recorded, mis-counted or misplaced inventory accounts for just over 25% ++ of shrinkage.

Inventory Management 98

Inventory Management Management Shrinkage Returns 98

RETAIL MANAGEMENT SOFTWARE

JULY 29, 2024

The retail landscape is evolving rapidly, driven by technological advancements and shifting consumer behaviors. Improves online inventory accuracy: Automation speeds up online order fulfillment with digital pick paths. Providing Actionable Insights Data alone is not enough; it must be actionable.

Inventory Management 111

Inventory Management Shrinkage Promotions Store Operations 111

Wiser

FEBRUARY 29, 2024

Panelists highlighted the frustration with labor scarcity in an environment where consumer demands and expectations are constantly evolving. With so many tasks and not enough hands, businesses are turning to third-party services to fill the gap, often leading to additional costs and higher prices for consumers.

Shrinkage 78

Shrinkage Inventory Management Loss Prevention Consumer 78

Retail Assist

OCTOBER 16, 2024

This process involves moving products back through the supply chain from the end consumer to the retailer or manufacturer. This efficient approach minimises shrinkage and operational costs, supporting scalable growth. It can lead to misallocated space, higher carrying costs and difficulties in fulfilling customer orders.

Inventory Management 52

Inventory Management Management Returns Shrinkage 52

Mass Relators

OCTOBER 25, 2023

Seven in 10 retailers say the pressure is mounting to improve the efficiency and expense of managing online orders, returns, and the fulfillment process. Retailers are tapping into the power of technology to help manage returns with 62% saying they plan to deploy reverse logistics technology by 2026 to better manage fulfillment pressures.

Checkout 52

Checkout Payment Services Returns Shrinkage 52

Retail Times

MARCH 30, 2021

Keeping track of products using a pen and paper isn’t just time-consuming, it can also lead to mistakes. For more information on how to reduce shrinkage, see our previous post on beefing up security and preventing loss in your store. Pay attention to consumer trends. Further Reading. Learn More. The end result?

Merchant Services 98

Merchant Services Inventory Management Management Shrinkage 98

RETAIL MANAGEMENT SOFTWARE

JUNE 3, 2024

Common Challenges for Apparel Retailers From shifting consumer preferences to logistical hurdles, apparel retailers must navigate a complex landscape to stay competitive and profitable. Consumer preferences can shift overnight, making it difficult for retailers to predict which styles will resonate with their target audience.

Apparel 52

Apparel Fashion Inventory Management Management 52

Retail Geek

NOVEMBER 30, 2021

The Salesforce shopping index combines data and holiday insights on the activity of more than a billion global shoppers across more than 54 countries powered by Commerce Cloud, billions of consumer engagements and millions of public social media conversations through Marketing Cloud, and customer service data powered by Service Cloud.

Shipping 52

Shipping Consumer Shopping Promotions 52

Retail TouchPoints

MAY 6, 2021

The problem became even more acute amid the pandemic, with consumers increasingly coming to expect free delivery and returns. But many retailers are seeing opportunities in using those locations as micro-fulfillment centers. Some 300 of Tesco’s 7,200 stores fulfill orders in a similar fashion. Those numbers don’t include $17.78

Fulfillment 344

Fulfillment Shrinkage Department Stores Returns 344