Retail TouchPoints

MARCH 11, 2021

The dramatic increase in ecommerce volume triggered by the pandemic increased many retailers’ topline revenues, but many are finding it difficult to contain the costs of new types of order fulfillment such as BOPIS, ship-from-store and curbside pickup, according to a report from Incisiv , commissioned by Manhattan Associates Inc.

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Fulfillment Inventory Management Returns Point of Sale 314

Retalon

AUGUST 14, 2023

Does your retail business struggle with outdated inventory systems and cumbersome spreadsheets? Nearly 70% of retailers face challenges managing inventory due to relying on legacy processes. Furniture inventory management software offers a smarter solution. What Exactly is Furniture Inventory Management Software?

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Retail TouchPoints

APRIL 25, 2024

Woodbury Common, located in New York’s Hudson Valley, draws more than 10 million shoppers annually. Last year, 20 stores opened or expanded, and more than 20 plan to make their debut in 2024. New offerings include David Yurman, Roberto Cavalli, Maison Margiela, Ladurée, Bollicine Champagne Bar, Jil Sander, Eleventy and Reformation.

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Retail TouchPoints

DECEMBER 28, 2022

A growing retail and ecommerce business can turn an efficient process into a multi-step nightmare with inaccurate purchasing, order fulfillment and returns processes. Hence the undeniable need for robust warehouse management technologies that are future-focused and effortlessly scalable. Sophisticated Automation. System Automation.

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Retail TouchPoints

SEPTEMBER 27, 2023

Simon Properties is partnering with Dropit to bring omnichannel inventory management and fulfillment capabilities to its facilities. “Simon’s commitment to shaping the future of retail aligns perfectly with our pursuit of technological innovation,” said Karin Cabili, Founder and CEO of Dropit in a statement.

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Returns Merchant Services Fulfillment Inventory Management 246

Retail TouchPoints

MAY 15, 2023

Amazon has been overhauling its logistics network to “regionalize” where inventory is located across the U.S. Today, 76% of the products customers order are fulfilled from facilities within their region, Amazon said, and as a result the company said it expects 2023 will be the fastest year yet for customers in terms of delivery speed.

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Retail TouchPoints

SEPTEMBER 23, 2022

In internal fulfillment, the business handles the complete process of storing, packing and shipping. The company must have a warehouse to keep its inventory, and a logistics team to manage the goods for storing, ordering and shipping directly to stores/distributors or customers. Each option has its benefits and disadvantages.

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Retail TouchPoints

JANUARY 25, 2022

4) Think Big: Improve supply chain and inventory management. Act small: Add a feature to your website allowing customers to search inventory availability in local store locations. 5) Thing Big: Improve order fulfillment. This gives consumers an additional element of control in their online buying experience.

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Inside Retail

JANUARY 11, 2022

Retailers are now investing significant resources into logistics, deploying the latest inventory management systems, automating warehouses and hiring hundreds of hardworking staff in an effort to pick, pack and ship online orders as quickly as possible. That’s where local inventory comes in. Meet demand for faster delivery.

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Retail TouchPoints

JUNE 27, 2023

Empower intelligent inventory management. Today’s inventory management teams host a large volume of commerce transaction data. At any given time, there are dozens of different factors to consider for each item, from warehousing and geographic locations to how quickly you can get an order to the customer.

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Inside Retail

JANUARY 30, 2024

Xue stated that JD Logistics already operates several self-operated warehouses across key European locations, including the UK, France, Germany and more. By combining Evri’s local delivery expertise with JD’s omnichannel fulfilment capabilities, brands and merchants will be able to send their inventory to JD’s warehouses. “JD

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Inside Retail

APRIL 30, 2024

Central to this transformation was the adoption of NewStore , a unified commerce platform anchored in an omnichannel POS – with built-in solutions such as order and inventory management, clientelling, and store fulfilment. Before NewStore, we had many disparate systems across the organisation.

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Retail Minded

OCTOBER 2, 2023

Effectively managing a retail supply chain is essential for meeting customer demands and maintaining a competitive edge in the market. This automation significantly reduces labor costs and speeds up order fulfillment. Risk Management and Resilience: Develop robust risk management strategies and contingency plans.

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Rain Pros

AUGUST 17, 2023

Work order management isn’t just a key approach and technology type for maintenance companies and workers. Today, let’s take a look at some of the challenges and benefits with managing work orders. Today, let’s take a look at some of the challenges and benefits with managing work orders.

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Rain Pros

JUNE 8, 2023

Work order management isn’t just a key approach and technology type for maintenance companies and workers. Today, let’s take a look at some of the challenges and benefits with managing work orders. Today, let’s take a look at some of the challenges and benefits with managing work orders.

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Retail Bound

APRIL 13, 2024

Traditional Inventory: Beyond the Basics Operational Dynamics: Retailers purchase products in bulk, store them, and then ship them out as orders come in. Strategic Considerations: Inventory management becomes paramount. For example, a customer may order three products that come from three different wholesalers.

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Retail TouchPoints

JULY 17, 2023

IoT solutions enable retail stores to monitor and manage their equipment, including HVAC systems and refrigerators. Example: Walmart Walmart is applying IoT technologies for effective store equipment management. Inventory management.

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Inside Retail

MARCH 2, 2023

One such advancement is the development of Autonomous Mobile Robots (AMRs), which have been implemented by a range of companies – including Catch, Toys R Us , and a number of other retailers – for task enhancements ranging from inventory management, order fulfilment, delivery and customer service.

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Retail TouchPoints

SEPTEMBER 7, 2021

One of the leaders in this movement is Kroger, which recently launched its first Customer Fulfillment Center in Monroe, Ohio (north of Cincinnati). In Kroger’s automated fulfillment center, more than 1,000 robots move around giant 3D grids, which contain totes with products and ready-to-deliver customer orders.

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Inside Retail

MARCH 7, 2024

Growing the team for global expansion Currently, Nakedvice sells products online and in-store through its Melbourne Flagship in Abbotsford, which serves as a destination location for customers. Our strategic focus includes targeting up-and-coming locations where we can establish a strong retail footprint,” Santic continued.

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365 Retail

MARCH 20, 2024

Since 2019, Wincanton has provided warehouse and distribution services, providing store fulfilment to Jollyes stores across Great Britain and Northern Ireland. The new hub means Wincanton can pick and deliver up to 25 per cent more cases each year as it replenishes all Jollyes 100-plus stores, fulfilling over 10,000 deliveries each year.

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Retail Focus

SEPTEMBER 7, 2021

The first affects stock inventory management. Planning localised levels of stock on a short-term basis can go some way to achieving this, while more accurate inventory forecasting can optimise reordering to reduce replenishment timescales. 3) Scale up scenario planning. 4) Acid test accuracy.

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Retail TouchPoints

JANUARY 20, 2022

Other tech integrations that will enable a “seamless and elevated shopping experience” include new inventory management systems , new technology to support customer service and the Amazon One palm recognition payment system for fast checkout. There will be humans working the store too.

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Retalon

DECEMBER 8, 2021

Why should retailers care about their Order Fulfillment Process? Order fulfillment may seem like a fairly straightforward process and according to the generic “high-level” definition, it is. In today’s market, putting the right fulfillment system in place gets you a competitive edge. What is order fulfillment?

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Retail TouchPoints

NOVEMBER 18, 2021

With potentially fewer items available on the shelves this year and shipping timelines longer than ever before, retailers must be able to identify where items are located at a given moment, at the right price. Optimized supply chain management to avoid stockouts and overstocking. A fast, flexible and responsive fulfilment process.

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Retail Assist

APRIL 3, 2024

Our team will be on hand to discuss the changing face of retail and how we can support you to navigate it through our suite of managed IT services and software solutions: Managed IT Services Don't let tech hurdles hinder your progress – our flexible solutions adapt to your needs, ensuring seamless operations round the clock.

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Inside Retail

NOVEMBER 6, 2023

Use technology to take pressure off staff to let them focus on customer service Today’s dedicated Distributed Order Management (DOM) systems offer user-friendly, mobile-enabled tools that guide store staff through the pick, pack, and ship process. If an order is unable to be fulfilled at any given store, it is automatically rerouted.

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Star Miconics

MARCH 1, 2023

Ascent Solutions is an exciting enterprise resource planning (ERP) software offering features to help businesses manage their inventory and sales processes. What’s impressive is that Ascent Solutions’ inventory management system is powered by Salesforce , a leading customer relationship management (CRM) platform.

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Payment Services Inventory Management Point of Sale Fulfillment 52

Retalon

FEBRUARY 10, 2022

Bad inventory is an expensive problem. Trillion annually as a result of bad inventory. Managing inventory becomes exponentially more complicated as a retailer grows; and often becomes an overwhelming challenge. Identifying bad inventory can mean the difference between bringing in profits or losses at the end of the year.

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Retalon

APRIL 21, 2021

Omnichannel order fulfillment that drives customer experience (and boosts profits). Although the trend towards omnichannel fulfillment is not new, the pandemic changed many retailers’ business models almost overnight, and these changes are not going away. What is omnichannel order fulfillment in retail?

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Retail TouchPoints

FEBRUARY 24, 2021

. “Encuentro Moda has made great efforts in the last year to adapt in an extraordinary way to the changes that the sector has been indicating for some years now,” reported Sergio Gutiérrez, RFID Business Development Manager at Nedap. D Cloud RFID inventory-management software.

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A1 Retail

SEPTEMBER 4, 2023

The company develops specialist software in-house to provide value-added services covering pre-retail, returns processing, fulfilment, wholesale distribution, and transportation. This forms part of ASC’s plans to open a new logistics and fulfilment centre in Bradford, UK in September 2023, and a new site in Poland by the end of 2027.

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Inside Retail

MARCH 23, 2022

Many of them are making investments into the additional distribution space to cater for last-mile fulfilment as well as to house extra inventory to protect against shortages. That space needs to be located somewhere,” he says. That’s why good locations have a very material impact on P&L.

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Retail TouchPoints

OCTOBER 6, 2022

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces.

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Wiser

DECEMBER 15, 2020

Third-party logistics, often referred to as 3PL, is the process of outsourcing logistics processes, such as inventory management, procurement, warehousing, and fulfillment, to a specialized provider. 4PL is a model in which a brand outsources the management of logistics and execution across the entire supply chain.

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Retail TouchPoints

NOVEMBER 29, 2023

I’ll need to bring my car because the footprint is so big, but I can go and run half a dozen errands on my list in one location, so that saves me time,” she explained. Critical to this experience’s success is a curation manager and cultivator, who is the “heart of the center,” according to Ibrahim. “We

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Retalon

JANUARY 5, 2021

But before we dive into the solutions, let us first discuss what inventory balancing actually is, why it’s important, and what causes inventory imbalances in the first place. What is inventory balancing? Most of today’s inventory management issues start at the level of forecasting.

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