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 260

Customer Experience Inventory Management Fulfillment Inventory Turnover 260

Inside Retail

JANUARY 30, 2024

“This collaboration results in an enriched suite of logistics and supply chain services, encompassing not just warehousing and inventory management, but also comprehensive transportation and last-mile delivery solutions,” he added.

Merchant Services 130

Merchant Services Inventory Turnover Inventory Management Supply Chain Management 130

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 6, 2022

We’ll have different promotions in the afternoon or late evening period to make sure that we’re managing a good inventory turnover,” explained Chen. “It’s It’s all due to AI that we’re able to run a fresh produce business in an efficient way with low spoilage rates and good turnover.”.

Grocer 302

Grocer Inventory Turnover Fulfillment Shopping 302

Retail Minded

MAY 3, 2023

These scanners use radio waves to read electronic tags on products, allowing quick and accurate inventory location and quantity identification. Streamlined Fulfillment Processes In retail inventory management, fulfillment processes can be a source of costly errors like incorrect order quantities or shipping delays.

Inventory Management 52

Inventory Management Management Fulfillment Inventory Turnover 52

Retalon

FEBRUARY 10, 2022

You may be dealing with a bad inventory if you are continuously having one or more of the following issues: 1. A low rate of inventory turnover. Low demand inventory builds up resulting in overstocks. No room for in-demand inventory . Stagnant inventory is occupying shelf space, in-place of high demand products. .

Inventory Turnover 41

Inventory Turnover Management Inventory Management Dead-Stock 41

Independent Retailer

AUGUST 1, 2022

Having insufficient stock to fulfill demand results in missed sales, causes reputational damage, and sends customers to competitors. Having insufficient stock to fulfill demand results in missed sales, causes reputational damage, and sends customers to competitors.

Inventory Management 69

Inventory Management Management Inventory Turnover Supply Chain Management 69