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Different Things to Consider Outsourcing in Your Retail Business (and Why)

Retail Focus

Order Fulfillment When outsourcing, retailers can benefit from streamlined inventory management, order processing, and shipping. This can lead to increased conversions and higher customer retention rates. This leads to improved inventory turnover and reduced instances of overstock or stockouts.

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Stepping into the future: Bata Thailand’s dynamic transformation unveiled

Inside Retail

In response to changing shopping behaviours influenced by the pandemic, the brand invested in digital capabilities, leveraging artificial intelligence and automation to offer personalised recommendations to online shoppers. This omnichannel platform is powered by a centralised inventory management automation tool.

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Survival guide: The keys to resilience and success in tough times

Inside Retail

Set benchmarks for inventory management, including the rate of inventory turnover and tracking and fill rate. It’s also important to leverage existing technology and integrate online and offline retail, to create a cohesive shopping experience no matter how your customers choose to shop.

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Rethinking Returns: Innovative Strategies for Retailers to Drive Growth in 2024

Retail TouchPoints

This inconvenience can turn the simple task of returning a product into a burdensome chore, detracting from the overall shopping experience. There’s also a cost consideration for retailers: faster and more convenient returns mean products are restocked sooner, and customers who return items are more likely to shop again quickly.

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How Puma is Using AI-Powered Styling to ‘Brainstorm’ with its Customers — and Increase AOV

Retail TouchPoints

Anyone who shops online has probably at some point fallen victim to “ inspiration clickbait.” Much like an article that doesn’t live up to its catchy headline, Rohan Deuskar describes inspiration clickbait as compelling shopping content (most often visual) that ends up driving a user into a disappointing, bland ecommerce experience.

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Top tips to make Black Friday and Cyber Monday a success in 2022

365 Retail

The biggest online shopping event of the year is upon us. Inventory management is key. It’s imperative to manage your inventory effectively ahead of Black Friday and Cyber Monday. Driving customer loyalty through flexibility. What upsells and bundles you’re going to offer.

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Expanding Your E-Commerce Enterprise: What You Need To Do To Foster Growth

365 Retail

From a mere alternative to brick-and-mortar shopping, it has transformed into a vibrant, competitive marketplace teeming with innovation. To foster expansion, you must optimise various aspects of your business, from customer experience to data analysis. The e-commerce landscape has evolved dramatically in recent years.