V Count

JANUARY 11, 2023

The retail trade sector is constantly changing, and gone are the days when guesswork was all you could rely on to offer a great customer experience. Your arsenal is now more prosperous than ever (in terms of providing a better guest experience and maximizing your revenue); however, this also means the market is more competitive.

Inventory Turnover 40

Inventory Turnover Promotions Customer Experience Planning 40

Retalon

FEBRUARY 15, 2024

The integration of artificial intelligence (AI) and machine learning into retail operations is revolutionizing how businesses predict demand, personalize customer experiences, and make informed decisions regarding product allocations. Prescriptive analytics suggests actionable steps based on analyzed data.

Inventory Management 41

Inventory Management Management Marketing Inventory Turnover 41

Retalon

AUGUST 5, 2020

Jump Ahead Most Important KPIs for the Retail Industry in 2020 Examples of Retail KPIs that Maximize Inventory ROI 1. Inventory Turnover Ratio 3. Promotions Uplift Retail KPIs that Answer Questions About Customer Behavior 8. Stock-outs result in lost sales and degrade the customer experience.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41

I Vend

SEPTEMBER 10, 2023

This level of flexibility reduces lost sales, maximises inventory turnover and increases customer satisfaction along with revenue and profit. It will help to manage loyalty for example, so that your customers are recognised and rewarded in the same way no matter how and where they shop.

Point of Sale 111

Point of Sale Inventory Turnover Management Inventory Management 111