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Understanding Furniture Inventory Management Software in 2023

Retalon

Nearly 70% of retailers face challenges managing inventory due to relying on legacy processes. For executives in planning and merchandising roles, this leads to sleepless nights and the nagging feeling there must be a better way. Furniture inventory management software offers a smarter solution. You’re not alone.

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How Improving Markdowns Will Impact Your Most Important Supply Chain KPIs

Retail TouchPoints

Managing retail supply chains is complicated, heads-down work. So why should these teams expand their focus to consider markdown planning in addition to their already full slate of targets? Supply chain teams are often expected to meet ambitious KPI targets that are critical to the health of the entire business.

Markdowns 242
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Generative AI for Personalized Service and a Competitive Edge in Ecommerce

Retail TouchPoints

This involves inputting key words that can result in a dead link or generating unwanted products in some cases. ChatGPT, for example, can utilize specific plug-ins to create and manage to-do lists, analyze customer queries and complaints and identify potential issues with products or services.

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Retail Assortment Strategies: What Are They & How Do They Work?

Wiser

These are all examples of an optimized assortment plan. Too wide and you’ll end up with leftover dead stock. The best retailers gain even more of an advantage by having data-driven, well-planned retail assortment strategies. This way you can rely on regular purchases with little worry of retaining dead stock.

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How EMERGE in Color’s Design Connected Black Creatives With Luxury Consumers

Retail TouchPoints

The pop-up’s design scheme was carefully planned to illustrate how strongly a luxury retail offering built by Black creatives, and orchestrated by three Black women, resonates with consumers. It can’t be dead stock or something that they had for two years. It looks like a permanent store.

Consumer 321
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How EMERGE in Color’s Design Connected Black Creatives With Luxury Consumers

Retail TouchPoints

The pop-up’s design scheme was carefully planned to illustrate how strongly a luxury retail offering built by Black creatives, and orchestrated by three Black women, resonates with consumers. It can’t be dead stock or something that they had for two years. It looks like a permanent store.

Consumer 130
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How the Supply Chain Disruption Is Sparking Holiday Risk & Resilience

Rangeme

While retailers and consumer packaged goods (CPG) suppliers have had to grapple with COVID-19 and digital transformation, now they must also manage reduced capacity along the global supply chain, hampering holiday sales success. Retail workers are quitting at record rates for higher-paying work: ‘My life isn’t worth a dead-end job.’