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Does your retail business struggle with outdated inventory systems and cumbersome spreadsheets?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. For executives in planning and merchandising roles, this leads to sleepless nights and the nagging feeling there must be a better way.

Inventory Management 41

Inventory Management Management Dead-Stock Inventory Turnover 41

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.

Management 277

Management Fulfillment Drop-Shipping Employee Engagement 277

Retail Dive

FEBRUARY 21, 2023

Retail brands must rewrite their DTC inventory fulfillment strategy for “visibility first”

Inventory Management 98

Inventory Management Management Planning Fulfillment 98

Retail TouchPoints

NOVEMBER 17, 2023

Applying this practice, retailers can proactively troubleshoot stockouts and delays to ensure that customers’ orders can still be fulfilled to their satisfaction in a timely manner. In manufacturing, product substitution can be a valuable tool for optimizing inventory management.

Customer Experience 257

Customer Experience Inventory Management Fulfillment Inventory Turnover 257

Retail TouchPoints

JANUARY 13, 2023

Lululemon is in the process of rolling out a cloud-based RFID inventory management solution to its 600+ stores globally that will help the retailer optimize its in-store product assortments. Having a fully mobile cloud solution in our stores greatly contributes to this experience.

Inventory Management 276

Inventory Management Fulfillment Planning Management 276

365 Retail

FEBRUARY 15, 2024

Retail success hinges significantly on the seamless operation of warehouses, where every detail from inventory management to order fulfilment directly influences customer satisfaction and bottom-line results.

Management 52

Management Inventory Management Fulfillment Customer Experience 52

Retail TouchPoints

JANUARY 30, 2023

As such, the store itself features a “completely reimagined” layout and inventory management system developed to enable “accurate and affordable grocery pickup in minutes.” “The 100-year-old grocery business is not immune to disruption,” said Matt Christensen, CEO and Managing Partner at Rose Park Advisors in a statement.

Grocer 312

Grocer Planning Supermarket Inventory Management 312

Retail TouchPoints

SEPTEMBER 1, 2023

JCPenney is upgrading merchandising tools and supply chain operations to improve product availability as well as the overall fulfillment experience. New inventory management systems, among other tools, will support more accurate decision-making and efficiency, so the retailer can cater to customers’ unique needs.

Planning 236

Planning Merchant Services Inventory Management Consumer 236

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.

Fulfillment 319

Fulfillment Shipping Inventory Management Management 319

Inside Retail

FEBRUARY 8, 2024

Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. Over the last five years as CEO, King has been enacting his ‘customer-first plan’ which has re-established Myer as Australia’s 8th most trusted brand, according to Roy Morgan.

Department Stores 264

Department Stores Inventory Management Planning Returns 264

Inside Retail

JULY 22, 2021

The warehouse, situated in Ravenhall, Victoria, will serve Myer’s stores and online efforts, will hold over 100,000 SKUs, and is key to the next phase of the department store’s ‘Factory to Customer’ initiative – and is another important step in the ongoing ‘Customer First Plan’ according to chief executive John King.

Markdowns 246

Markdowns Department Stores Fulfillment Inventory Management 246

Retail TouchPoints

OCTOBER 6, 2023

With the bustling holiday shopping season nearing, many brands have spent the last several months assessing their operational strengths and weaknesses, particularly in logistics and fulfillment. Oftentimes, these hinge on the synergy between a brand and its third-party logistics (3PL) provider. 1: Demand forecasting. 2: Order cycle time.

Fulfillment 294

Fulfillment Returns Shipping Promotions 294

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. Building a roadmap and investing time in long-term planning is essential for advancement.

Management 262

Management Marketing Customer Experience Inventory Management 262

Retail Focus

AUGUST 8, 2023

Order Fulfillment When outsourcing, retailers can benefit from streamlined inventory management, order processing, and shipping. Third-party logistic experts possess the infrastructure, expertise, and technology required to handle outsourcing order fulfillment with precision.

Loss Prevention 130

Loss Prevention Inventory Management Inventory Turnover Shrinkage 130

Retail TouchPoints

JUNE 29, 2021

DTC retailer Faherty Brand is implementing the NewStore Omnichannel Platform to unify its digital and physical retail operations as the company plans to expand its brick-and-mortar footprint across the U.S. Our brand is a true labor of love,” said Alex Faherty, Co-founder and CEO of Faherty Brand in a statement.

Clienteling 165

Clienteling Inventory Management Checkout Fulfillment 165

Retail Pro

MARCH 25, 2021

As restrictions on business lift one year from the start of covid-19, retailers consider how to adapt their inventory strategies, with the popularity of BOPIS and need for inventory and data visibility.

Fulfillment 87

Fulfillment Planning Inventory Management Management 87

Retail TouchPoints

JULY 29, 2020

With a new retail management solution in place, Burton will now be able to: Deploy mobile POS (mPOS) devices in its stores; Provide store associates with improved visibility into customer, product and inventory data ; and Gain a unified view of its e-Commerce and brick-and-mortar operations at both the store and headquarters levels. “The

Planning 283

Planning Wholesale Customer Experience Store Operations 283

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.

Supply Chain Management 52

Supply Chain Management Management Inventory Management Outdoor 52

Retail TouchPoints

FEBRUARY 11, 2021

As the first step in a planned three-year, $250 million technology upgrade, Bed Bath & Beyond will deploy Oracle Cloud as its Enterprise Resource Planning (ERP) solution, providing the retailer with real-time financial, supply chain and merchandising solutions.

Inventory Management 173

Inventory Management Space Planning Fulfillment Planning 173

Inside Retail

JANUARY 15, 2023

We believe there are six key strategic pillars, which should be taken into account to ensure your organisation is on the right track for supply chain resilience: Redesign your fulfilment network and your merchandise planning function for multi-channel fulfilment. Is it time to consider supply chain team outsourcing?

Inventory Management 130

Inventory Management Fulfillment Customer Experience Planning 130

Retail TouchPoints

JULY 26, 2021

Building an online presence starts with a well-designed website supported by an effective digital marketing plan. A tech stack is the ecosystem of hardware and software platforms needed to manage the DTC order fulfillment process from end to end. Fulfillment and Returns. Web Design & Development.

Wholesale 278

Wholesale Payment Services Fulfillment Returns 278

Retail TouchPoints

JULY 14, 2023

Details matter, from the initial landing page to order fulfillment through to delivery and aftercare. Although brands won’t have full control of the customer experience in this type of shopping model, they will be able to control inventory and fulfillment orders.

Fulfillment 225

Fulfillment Dead-Stock Customer Experience Inventory Management 225

Inside Retail

APRIL 4, 2023

Walmart on Tuesday said it expects about 65 per cent of its stores to be serviced by automation by the end of its fiscal year 2026, just days after revealing plans to lay off more than 2,000 people at facilities that fulfill online orders. million US workers and another 60,000 abroad.

Fulfillment 130

Fulfillment Inventory Management Planning Management 130

Retail TouchPoints

JANUARY 9, 2024

The technological adoption seen during the pandemic will continue , as a majority of small businesses have plans to adopt technology such as AI and chatbots. Post-pandemic, the focus has shifted from managing disruptions to more proactive planning around supply chain resilience.

Merchant Services 262

Merchant Services Shipping Fulfillment Inventory Management 262

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.

Fulfillment 130

Fulfillment Inventory Management Beauty and Health Management 130

Retail Focus

SEPTEMBER 7, 2021

Supply chains must be agile enough to cope with unexpected gaps in workforces, which involves two levels of contingency planning. The first affects stock inventory management. The second level of contingency planning involves personnel resourcing strategies. 3) Scale up scenario planning. 4) Acid test accuracy.

Inventory Management 147

Inventory Management Supply Chain Management Shipping Planning 147

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 ten-year contract will help support Jollyes’ continued ambitious growth plans as it prepares to accelerate expansion following significant investment by new owner TDR Capital.

Fulfillment 62

Fulfillment Inventory Management Planning Management 62

VMS

DECEMBER 15, 2022

It’s no longer enough to strategically plan how inventory is presented through the aisles –retailers also need to carve out designated areas for online pick-up orders and ensure parking lots are equipped for curbside pick-up, the report notes. “If

Fulfillment 58

Fulfillment Inventory Management Consumer Planning 58

Inside Retail

SEPTEMBER 23, 2022

This week, we chat with Szemei Ng, senior product manager for fulfilment at Amazon Australia. SN: One of the key initiatives that I have led and that I am most proud of would have to be launching the Fulfilment by Amazon exports program last year.

Fulfillment 130

Fulfillment Inventory Management Shipping Management 130

Retail TouchPoints

JULY 22, 2022

Some of the planned improvements include barcode scanning, more efficient inventory management, easier options for adding product images and real-time support to fix any issues that come up. The improvements will start in select cities before rolling out across the country throughout the summer.

Customer Experience 265

Customer Experience Merchant Services Inventory Management Grocer 265

Retail TouchPoints

FEBRUARY 10, 2022

It’s been a while since she’s been on the front lines though — not since the late ‘80s to be exact, when she was a manager at Express. To the employees she worked with while undercover she was Marie, a former gift shop manager from Ohio whose quest for a new start was being recorded for a documentary. And that’s not all.

Inventory Management 315

Inventory Management Beauty and Health Management Planning 315

Retail TouchPoints

JANUARY 20, 2022

Amazon has announced plans for its first-ever physical fashion store — dubbed Amazon Style — which will feature women’s and men’s apparel, shoes and accessories. In mid-2021 rumors also surfaced of plans for large-footprint department stores , although Amazon hasn’t formally announced anything along these lines.

Payment Services 245

Payment Services Apparel Inventory Management Department Stores 245

Retail TouchPoints

NOVEMBER 18, 2021

Recent data shows that people plan to buy more gifts and spend more money than they did in 2020. In this rapidly changing environment, retailers need a powerful data platform that can help them adapt and respond with more flexibility and agility than ever before to capture digital and omnichannel shoppers and optimize their inventory.

Supply Chain Management 255

Supply Chain Management Fulfillment Shipping Inventory Management 255

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.

Payment Services 52

Payment Services Inventory Management Point of Sale Fulfillment 52

Inside Retail

MARCH 7, 2024

Expansion plans will be supported by the opening of a second boutique in Victoria and a third in New South Wales by the year’s end. It plans to expand click-and-collect to drive foot traffic in-store, whilst maintaining online shopping convenience, and reward customer loyalty.

Boutique 130

Boutique Apparel Fashion Wholesale 130

Retail TouchPoints

JULY 18, 2023

As part of the new multiyear agreement — which builds upon a partnership that started in 2016 — Academy will use the Revionics Base Price and Markdown solutions to not only optimize its pricing strategy but better manage inventory levels throughout the product lifecycle.

Outdoor 196

Outdoor Markdowns Apparel Fulfillment 196

Cisco Retail

JULY 21, 2022

However, traditional risk management practices have not been very effective. Over time, operating in such an environment will require an entirely new supply chain architecture to support and manage supply chains. Based off of other manufacturing customers, a three step approach is recommended to properly project manage this transition.

Inventory Management 144

Inventory Management Management Fulfillment Customer Experience 144