Inside Retail

DECEMBER 21, 2022

So how can retailers be proactive in their inventory placement to avoid compromising top-line growth and customer satisfaction? Not only will this help ensure margins are managed, but it will ensure customer expectations are met.

Supply Chain Management 130

Supply Chain Management Customer Retention Inventory Management Customer Experience 130

Small Biz Trends

JUNE 29, 2023

Answer customer inquiries, provide product information, and address any concerns or complaints. Process customer transactions accurately and efficiently. Assist in inventory management, including receiving and restocking merchandise. Assist customers with product selection, order placement, and tracking.

Payment Services 75

Payment Services ATS Accounting Fulfillment 75

RETAIL MANAGEMENT SOFTWARE

AUGUST 2, 2022

When a company has multiple stores, it becomes difficult to manage purchases, sales, purchase returns, and sales returns. That’s why a retail management solution includes inventory management software. Integrated Inventory Management Solutions. It will help you reduce customer attrition.

Management 84

Management Inventory Management Customer Retention Returns 84

Retalon

AUGUST 22, 2023

GMROI – Gross Margin Return on Inventory Investment Definition GMROI measures how efficient and profitable you are at turning your inventory into gross profit. It indicates how many dollars of gross margin you generate for every dollar invested in inventory. is considered healthy across retail categories.

Customer Retention 41

Customer Retention Returns Payment Services Promotions 41

Retail Bound

DECEMBER 13, 2021

The business reaches its peak during the holiday season and when the shipping rush is over, there is a bulk in holiday returns. Customers get disappointed the moment they realize that a product is out of stock. Inventory management is critical to avoid such situations. Improve the Return Process. Bottom Line.

Fulfillment 52

Fulfillment Shipping Inventory Management Returns 52

V Count

OCTOBER 5, 2022

Improve your inventory visibility. Initially, work on a better inventory management system. Remember, too much inventory ties up capital that could be used elsewhere, while too little can result in lost sales. Focus on customer retention rather than acquisition. How do you accomplish that?

Customer Retention 52

Customer Retention Markdowns Bundled Pricing Net Profit 52

Retalon

AUGUST 5, 2020

Throughout the history of retail, success and failure has come down to how well a company manages — and profits from — its inventory investment. Inventory management teams calculate the In-Stock Percentage by dividing the number of stores that have a SKU in stock by the number of stores that should stock that SKU.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41

RETAIL MANAGEMENT SOFTWARE

OCTOBER 3, 2022

Real-time product assortments and pricing are more likely to be automated, optimizing effort, time, and management of price updates. Optimize Inventory Management. These timely interventions with customers can make the difference between winning or losing a sale. Increase Customer Retention Rate.

Customer Retention 85

Customer Retention Inventory Management Customer Experience Kiosk 85