Retail TouchPoints

OCTOBER 6, 2022

While COVID-19 slowed the world down to a standstill, it greatly accelerated the growth of online shopping. Today’s customers have high expectations, so any retailer must ensure customers have the best possible experience when shopping with them. In particular, lockdowns pushed demand for online groceries into new territory.

Inventory Management 267

Inventory Management Management Inventory Turnover Supply Chain Management 267

Independent Retailer

AUGUST 1, 2022

Next-generation analytical and planning tools interpret vast volumes of data so that retailers can predict and react to disruptions before they affect inventory levels. COVID-19 lockdowns accelerated a shift to online shopping that was already well underway. Common Inventory Management Headaches. by Paula Biste.

Inventory Management 69

Inventory Management Management Inventory Turnover Supply Chain Management 69

Retail TouchPoints

NOVEMBER 17, 2023

In manufacturing, product substitution can be a valuable tool for optimizing inventory management. Streamlined inventory management: Leaner inventories reduce holding costs; however, retailers must be resourceful when planning for product availability.

Customer Experience 238

Customer Experience Inventory Management Fulfillment Inventory Turnover 238

Retail Gazette

FEBRUARY 22, 2024

Keep reading to explore how AI is reshaping the retail landscape and revolutionising the shopping experience. Personalised Shopping Experiences One of the most significant impacts of AI in retail is the ability to deliver personalised shopping experiences to customers.

Inventory Management 122

Inventory Management Checkout Inventory Turnover Promotions 122

Retail Focus

AUGUST 8, 2023

Order Fulfillment When outsourcing, retailers can benefit from streamlined inventory management, order processing, and shipping. Inventory Management Efficiently managing inventory is essential for meeting customer demands while minimizing carrying costs.

Loss Prevention 130

Loss Prevention Inventory Management Inventory Turnover Shrinkage 130

Inside Retail

FEBRUARY 26, 2024

Set benchmarks for inventory management, including the rate of inventory turnover and tracking and fill rate. It’s also important to leverage existing technology and integrate online and offline retail, to create a cohesive shopping experience no matter how your customers choose to shop.

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

DMS Retail

JANUARY 29, 2024

By understanding customer preferences and needs within specific categories, retailers can create a personalized shopping experience, leading to increased customer loyalty and repeat business. To achieve this, thorough analysis of sales data, trends, and inventory levels is essential for effective inventory management.

Management 40

Management Inventory Turnover Promotions Inventory Management 40