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

Wiser

FEBRUARY 29, 2024

Retail staff are grappling with managing various store sections and transitioning to fulfilling online orders, resulting in reduced in-store efficiency. These operational hurdles not only impact revenue streams but also affect customer satisfaction levels, highlighting the importance of streamlined inventory management practices.

Shrinkage 78

Shrinkage Inventory Management Loss Prevention Consumer 78

Retail TouchPoints

FEBRUARY 21, 2023

5G can reduce wasted time and prevent inventory shrinkage, providing retailers with cost savings. This information can give consumers up-to-date status on inventory, purchases or delays. 5G-enabled tools can allow for order picking and inventory management.

Sporting Goods 257

Sporting Goods Payment Services Shrinkage Point of Sale 257

Retail TouchPoints

MAY 31, 2022

In-Store Inventory Management. When combined with tech such as IoT-embedded sensors, 5G will enable retailers to have a real-time view of store inventory, allowing for faster restocking when shelves are running low. In fact, H&M Group ‘s COS recently announced the rollout of smart mirrors at its U.S.

Merchant Services 353

Merchant Services Checkout Shrinkage ATS 353

Wiser

APRIL 23, 2019

Phantom inventory is particularly challenging because your inventory management system says the products are in-stock, but the shelves are empty. There are several potential causes of phantom inventory, including: . How Phantom Inventory Hurts Retailers . You can’t fix what you don’t know is even a problem.

Shrinkage 100

Shrinkage Inventory Management Location Fulfillment 100

I Vend

FEBRUARY 6, 2023

This lack of inventory costs retailers an estimated up to 8% of revenue in lost sales. iVend Retail Inventory Management Inventory management drives store efficiency and customer experience. Read about iVend’s smart retail technology for inventory management.

Inventory Management 92

Inventory Management Management Shrinkage Returns 92

Retail Times

MARCH 30, 2021

Such solutions are also beneficial if you have several locations because they allow you to manage multiple stores from one place. Not ready for a full retail management solution? Consider creating an inventory management system in Excel. Choosing an Inventory Management System for Your Retail Business: A Buyer’s Guide.

Merchant Services 98

Merchant Services Inventory Management Management Shrinkage 98