Retail TouchPoints

JANUARY 24, 2024

Despite expectations of a modest economic downturn, this period presents an opportunity for businesses to optimize their operations, improve marketing strategies and enhance their technological infrastructure. Additionally, maintaining ethical data usage and ensuring customer privacy will be vital in these AI deployments.

Social Commerce 222

Social Commerce Inventory Management Customer Experience Payment Services 222

Inside Retail

SEPTEMBER 26, 2023

The physical retail store is a vital cog in the broader supply chain network. This, therefore, means that retailers need to think holistically when it comes to optimising operations across the chain, implementing a strategy that improves both efficiency and responsiveness.

Fulfillment 264

Fulfillment Consumer Returns Location 264

Retail TouchPoints

APRIL 21, 2022

Supply chain struggles never used to make headlines. Now, supply disruptions and uncertainties have many retailers scrambling for alternatives to the lean global supply chains. Now, supply disruptions and uncertainties have many retailers scrambling for alternatives to the lean global supply chains.

Supply Chain Management 223

Supply Chain Management Planning Shipping Inventory Management 223

Retail TouchPoints

MARCH 2, 2023

The world’s supply chains are under attack, and the vendors that organizations rely on could be the weakest link when it comes to protecting confidential information from falling into the hands of cybercriminals. An October 2022 report from BlackBerry Limited highlighted how extensive the threat to supply chains has become.

Management 269

Management Accounting ATS Marketing 269

Retail TouchPoints

JUNE 13, 2023

Customer-focused digital transformation is important for any retail business, but the pandemic-induced volatility and fast pace of change in the industry means that such transformations need to occur in all areas of the enterprise, from product design to planning and supply chain.

Customer Experience 225

Customer Experience Inventory Management Marketing Consumer 225

Retail TouchPoints

DECEMBER 2, 2022

The ongoing global logistics disruptions continue to impact businesses, and many of them recognize the need to better equip their supply chains by identifying alternative trading partnerships and developing a broader list of suppliers across the globe.

Management 256

Management Marketing Location Planning 256

Wiser

DECEMBER 4, 2023

It offers detailed insights into product performance, customer preferences, and the effectiveness of sales strategies across different platforms. Monitoring these multiple aspects allows manufacturers to modify and optimize their strategies in real-time, improving product visibility and customer relationships.

Inventory Management 146

Inventory Management Promotions Visual Merchandising Management 146

Retail TouchPoints

JULY 17, 2023

Connecting the world of physical objects into a smart network, IoT technology brings new business opportunities for retailers and provides data-driven insights for decision-makers. Example: Walmart Walmart is applying IoT technologies for effective store equipment management. Supply chain and cold chain optimization.

Payment Services 228

Payment Services Checkout Inventory Management Customer Experience 228

Retail TouchPoints

JANUARY 16, 2022

And using data to work backwards — beginning with a customer-obsessed perspective and crafting CSR campaigns with discrete steps that keep existing behaviors in mind — is key to tackling CSR. Attributing CSR progress also relies heavily on data. How Can Data Help Move Your CSR Actions Forward?

Planning 256

Planning Merchant Services Beauty and Health Consumer 256

Wiser

JUNE 5, 2023

As a small business owner, managing supply chain issues is nothing new. Because smaller retailers cannot always order in bulk or far in advance like many larger retailers do, any supply chain disruptions are often felt faster and stronger by small businesses.

Management 147

Management Drop-Shipping Shipping Supply Chain Management 147

Inside Retail

NOVEMBER 3, 2022

At Microsoft, we break down the metaverse i nto three strategies: consumer, enterprise, and industrial. Each strategy unlocks specific use cases, as an effective way for retailers to identify where the metaverse can have an impact. . Consumer metaverse. Use cases include: Virtual Stores. Virtual Worlds & Experiences.

Consumer 263

Consumer Store Layout Merchandise Store Fulfillment 263

Retail TouchPoints

APRIL 8, 2022

These and other breakdowns along the complex global supply chain have caused shipping costs to soar and other expenses like warehousing, marketing and packaging to skyrocket as well. The key to addressing the retail sector’s supply chain nightmare could lie in a sometimes-overlooked area: indirect, or not-for-resale, expenditures.

Shipping 266

Shipping Management Marketing Consumer 266

Inside Retail

AUGUST 20, 2023

This is just part of the conversation happening with fashion brands and retailers across the country as pressures mount to gain control over notoriously complex supply chains and work towards circular, sustainable business practices. First, consumer desire for traceable and ethical supply chains continue to grow.

Fashion 246

Fashion Consumer Fast Fashion Planning 246

Retail TouchPoints

JUNE 1, 2022

It has become even more critical to find ways to connect with consumers as buying patterns shift and supply chain issues continue to lead to out-of-stock pressure. The best way to maximize media spend effectiveness in a recessionary environment is leveraging purchase-based audience solutions that align with changing environments.

Advertising 221

Advertising Consumer Management Marketing 221

Retail TouchPoints

OCTOBER 1, 2021

As supply chains become increasingly complex due to the proliferation of commerce channels and higher consumer expectations, businesses are turning to outsourced functions that can deliver on speed, quality and cost. Insourcing Fulfillment. This approach may work in the rarest of cases (see: Amazon ). Increased errors.

Fulfillment 268

Fulfillment Shipping Accounting Apparel 268

Retail Focus

MARCH 29, 2022

Keeping pace with consumer trends and changing behaviours is key to the success of retail operations, particularly when managing the impact of current global events on supply chains to ensure they’re able to consistently meet demand. . Three of six key trends identified in ASCG’s latest eBook research include: 1) Spread the cost.

Consumer 211

Consumer Payment Services Inventory Management Returns 211

RETAIL MANAGEMENT SOFTWARE

MARCH 20, 2023

In 2023, supply chains must adjust to the dramatic changes in consumer demand, congested ports, and chaotic distribution centers. This means that the retail supply chain and supporting logistics must adapt to these volatile market conditions. It also eases the operational burden on your retail and fulfillment teams.

Payment Services 84

Payment Services Inventory Management Management Supply Chain Management 84

Inside Retail

DECEMBER 3, 2023

Shopper behaviours are changing rapidly as consumers grapple with the effects of skyrocketing inflation. But with 45 per cent of Aussie shoppers making product decisions when in-store (3) as hyper-inflationary supply chain and pricing amplify trading challenges; they’re moving budgets to digital channels. So are marketers.

Customer Retention 130

Customer Retention Advertising Promotions Consumer 130

Retail TouchPoints

AUGUST 16, 2021

Goods received might be damaged or the wrong size, or maybe it was another cat sweater from your aunt that just did not have a place in your rotation. Consumers, for example, have started to adopt the ‘bracketing’ strategy. Change your business’ attitude on returns. But the drivers behind returns have evolved.

Returns 336

Returns Drop-Shipping Consumer Apparel 336

RETAIL MANAGEMENT SOFTWARE

JULY 17, 2023

The key to achieving these goals lies in streamlining the supply chain for optimum efficiency. These powerful tools offer actionable insights, data-driven decision-making, and improved supply chain visibility, leading to improved performance and increased profitability. These solutions include 1.

Inventory Management 89

Inventory Management Supply Chain Management Management Point of Sale 89

Retail Focus

SEPTEMBER 7, 2021

Ben Balfour, Business Operations Director at Advanced Supply Chain Group , shares top tips about how retailers can prepare their supply chains for a Black Friday and Christmas sales surge. Ben Balfour, Business Operations Director at Advanced Supply Chain Group. 1) Don’t play the waiting game.

Inventory Management 147

Inventory Management Supply Chain Management Shipping Planning 147

Retail TouchPoints

MAY 10, 2022

Establishing weather-related risk management practices successfully in the retail space starts with understanding your greatest risks and using technology to shore up the weaknesses in your emergency weather strategies. Know Your Vulnerabilities. alone, or 3.5% of gross domestic product (GDP).”

Planning 237

Planning Location Fulfillment Management 237

Retail TouchPoints

MAY 21, 2021

In short, circumstances may be improving, but retailers still have plenty of challenges ahead. economy has never been shut down like this in my lifetime,” said Hilding Anderson, Head of Strategy, Retail, North America at Publicis Sapient in an interview with Retail TouchPoints. and we may have even more COVID issues here in the U.S.

Apparel 229

Apparel Returns Department Stores Fulfillment 229

Wiser

NOVEMBER 29, 2023

These two promotional strategies, while aiming to stimulate demand and increase sales, target distinct audiences and employ different methods. These strategies focus on increasing the consumption of the product, instigating initial trials, or encouraging more frequent purchases. What is Trade Promotion?

Promotions 146

Promotions Consumer Wholesale Advertising 146

Inside Retail

JULY 18, 2023

In the store of tomorrow, technology and innovation play a lead role in enhancing the customer experience and delivering improved outcomes. But without optimising the tools available or resetting strategy, retailers may struggle to remain successful in this new world.

Payment Services 130

Payment Services Fashion Point of Sale Customer Experience 130

Independent Retailer

DECEMBER 22, 2022

The transportation of products in the supply chain is becoming increasingly difficult due to restrictions brought about by weather. However, one strain on the supply chain is a slow-moving crisis that is going to last for decades to come, and there is actually a lot we can do to predict it. by Anand Swaroop. back to top.

Planning 89

Planning Shipping Management Consumer 89

Retail TouchPoints

DECEMBER 14, 2020

The pandemic has created challenges for retailers at many levels: business viability, supply-chain disruptions, predictability, customer relationships — the list goes on. In a short time, the additional effort you’ve made to connect will result in loyalty to your products. Are your workflows well implemented?

Customer Experience 230

Customer Experience Consumer Management ATS 230

Inside Retail

MARCH 15, 2023

Since the onset of the pandemic, retail supply chains have been under constant pressure. The strict lockdowns in China started a domino effect that quickly engulfed global supply chains, leading to disruptions and inefficiencies across the board. One example is Havaianas. You get what you pay for, generally.

Drop-Shipping 130

Drop-Shipping Fulfillment Shipping Fashion 130

Independent Retailer

NOVEMBER 21, 2022

Over 80 percent of current warehouses operate without any automation, meaning supply chains and their data are left unoptimized. Increasing data transparency will display any constraints allowing you to develop suitable solutions. One recommendation is to begin with a Data Maturity Assessment (DMA).

Supply Chain Management 81

Supply Chain Management Inventory Management Management Planning 81

Global Shop

MAY 9, 2024

That involves getting people and departments in your business to work together more efficiently and effectively, and that should be a given. Strategic collaborations are typically long-term and focused on the partners’ high-level strategies and objectives. Manufacturing collaboration is external. New opportunities.

Payment Services 52

Payment Services Planning Promotions Marketing 52

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 7, 2023

Traditional marketing strategies alone are no longer sufficient in today’s digital age. From price optimization to crafting hyper-personalized experiences and forecasting consumer trends, artificial intelligence is unlocking the potential for more captivating, innovative, and profitable marketing strategies.

Marketing 95

Marketing Inventory Management Supply Chain Management Store Layout 95

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. Mastercard Spending Data Reveals 4 Key Takeaways for Holiday 2022.

Merchant Services 244

Merchant Services Payment Services Promotions Location 244

Wiser

OCTOBER 30, 2023

Among various strategies to boost sales, securing the Buy Box plays an instrumental role in providing shoppers with a seamless online shopping experience. Implementing a well-thought-out pricing strategy that balances both competitiveness and profitability is an art. On top of this, your product’s inventory must be listed.

Merchant Services 147

Merchant Services ATS Fulfillment Accounting 147

Retail Minded

APRIL 26, 2024

That means you need to figure out how you’re going to deliver a shipping experience that’s transparent, reliable, and cost-effective. Today, we’re sharing our top tips on the best ways to optimize your shipping strategy and grow your ecommerce business. You can also explore different strategies, like FCL and LCL shipping.

Shipping 52

Shipping Customer Experience Finance Management 52

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. Tackling retail supply chain challenges is a blend of smart strategies and the right technologies. Walmart uses RFID technology to track real-time inventory.

Supply Chain Management 52

Supply Chain Management Management Inventory Management Outdoor 52

Wiser

FEBRUARY 29, 2024

The consensus among panelists suggests an anticipatory strategy might cushion the effects of potential recessions. For organizations operating at various scales, the advice is clear: remaining lean and nimble is key. As detailed by industry experts at the panel, the impact of staffing shortages extends beyond the bottom line.

Shrinkage 78

Shrinkage Inventory Management Loss Prevention Consumer 78

Independent Retailer

APRIL 21, 2022

From ports clogged with containers and raw materials running low, to factories shutting down and truck drivers being in short supply, retailers have faced a steady stream of devastating supply chain issues over the last year. Here are six ways brands can beat the supply chain crisis in 2022: 1. O ptimize Inventory.

Shipping 83

Shipping Supply Chain Management Management Promotions 83