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How Online Businesses can Master Inventory Management to Impact Operations

Retail TouchPoints

There’s an inventory sweet spot you’re always looking to achieve — not overstocking, not understocking, and still managing to keep up with changing buyer demands. Learning to master your inventory management processes can net significant bottom-line results in your ecommerce business.

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Why Data Will Drive the Future of Inventory Management

Retail TouchPoints

Effective inventory management plays a vital role in this — and data-led solutions can make a real difference here. 3 issues holding retail back: Inefficient practices When swift and informed inventory decisions are required, manual, error-prone processes can seriously harm a business’ ability to react to changing situations.

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Manhattan Associates Combines Fulfillment and RFID Solutions to Boost Inventory Management Efficiency

Retail TouchPoints

Manhattan Associates has enhanced its POS and store fulfillment solutions with handheld RFID support to assist with all inventory management and order fulfillment activities.

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How Hot Topic and Lamps Plus Mastered Inventory Management and More

Retail TouchPoints

Another key challenge for Hot Topic’s inventory management system is ensuring its BOPIS options run smoothly even as it fulfills orders across multiple channels.

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How AI is set to revolutionise inventory management

Inside Retail

Great product diversity, changing consumer demands, and the expansion of e-commerce have turned inventory management into a major pain point for retailers. Poor inventory management results in overstocking and under-stocking, impaired cash flow, and losses from theft and spoilage. Here are some reasons why: 1.

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Retail tech stack, Inventory Management, and Retail Hygge - Weekly Snacks #86

Tokinomo

Happy New Year! In this first Weekly Snacks edition for 2024 we’ll show you the best ads and campaigns at the moment, retail trends and technology to keep an eye on, and opinions from experts that will help you.

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Shelf Inventory Management: The trickiest issue in retail?

Tokinomo

Brick and mortar retailers have a lot of challenges to deal with after two years of pandemic and a rapid online shopping habit adoption. Apart from having to provide an amazing experience in-store to attract the attention of shoppers, they also need to make sure that they have the products shoppers are looking for.