Retail TouchPoints

MARCH 15, 2024

Publications about marketing often invoke the comparison of a digital shelf with a physical one. Many companies can track their own digital shelf data, allowing them to align products across platforms, perform A/B testing and improve inventory management. This comparison, however, has its limits.

Inventory Management 219

Inventory Management Telecommunications Location Marketing 219

Retail TouchPoints

JANUARY 25, 2022

Let’s dive into some small ideas that can help tackle big goals: 1) Think Big: Increase customer engagement with more interactive marketing. 4) Think Big: Improve supply chain and inventory management. Act small: Add a feature to your website allowing customers to search inventory availability in local store locations.

Management 238

Management Marketing Customer Experience Inventory Management 238

Retail TouchPoints

JULY 29, 2020

The company owns and operates 34 locations, both flagships or outlets, and the remainder are owned and operated by partners such as high-end resorts. The first prong is data modernization, because every system and everything in the digital world relies on data governance, data management and data trustworthiness,” she said. “We

Planning 248

Planning Wholesale Customer Experience Store Operations 248

Inside Retail

MARCH 7, 2024

Despite a slight dip in 2020, the global apparel market is set to grow to about US$2 trillion by 2028, from US$1.79 Locally, women’s apparel represents the largest segment with an estimated market volume of US$11.86 billion; the men’s apparel market is about half of that, worth US$6.35 billion apparel industry in Australia.

Boutique 130

Boutique Apparel Fashion Wholesale 130

Bindo

APRIL 13, 2017

Why Is Inventory Management Important. Inventory management remains the cornerstone of successful retail. Experienced retailers understand the importance of metrics taken from inventory management. Inventory management helps take the guesswork out and place retail products in the store correctly.

Inventory Management 40

Inventory Management Management Location Promotions 40

Inside Retail

MARCH 17, 2024

McDonald’s mobile app; its human-less, order-taking kiosks; its digitised menus that change based on trends, the weather and more; and even its generative AI — together, these enable McDonald’s to eke out additional sales and efficiencies worth billions of dollars to the company, which has 40,000 locations in roughly 100 countries.

Kiosk 130

Kiosk Payment Services Inventory Management Location 130

Inside Retail

JANUARY 30, 2024

Salespeople on the shop floor can use these devices to seek a colleague’s assistance in locating a certain size or style of a product instead of leaving the customer alone while the salesperson finds it. Lifecycle pricing inventory management Zebra Technologies also has products focused on inventory management and Lifecycle Pricing.

Loss Prevention 147

Loss Prevention Shrinkage Inventory Management Markdowns 147

Inside Retail

FEBRUARY 26, 2024

There was good news in January when the Consumer Price Index slowed to the lowest rate in two years; however, experts recognise that the most volatile factors, such as rental rates and energy markets, remain the biggest drivers. Set benchmarks for inventory management, including the rate of inventory turnover and tracking and fill rate.

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

Inside Retail

FEBRUARY 23, 2023

Reliving vintage craftsmanship According to Huisamen, the wide range of collections and styles on offer, including the more elevated Made & Crafted line, is what sets the Ion store apart from other Levi’s locations in Southeast Asia. This market has long been key to the Levi’s East Asia Pacific expansion plans.

Inventory Management 246

Inventory Management Apparel Management Consumer 246

Retalon

MAY 17, 2024

Navigating through today’s industry needs, businesses face increasing challenges due to fluctuating market dynamics, evolving consumer behaviors, and technological advancements. This is done by utilizing historical data, market analysis, and statistical models. Why is forecasting in supply chain management important?

Supply Chain Management 41

Supply Chain Management Inventory Management Management Promotions 41

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.

Merchant Services 230

Merchant Services Payment Services Promotions Location 230

Retail Smart Guys

SEPTEMBER 2, 2022

Particularly in your inventory, which is the biggest expense every retail store has, establishing the correct level of inventory, on a department by department basis, and a location by location basis, is the most important job in retail. Proper inventory levels in all classes, at all locations, are ensured.

Planning 40

Planning Markdowns Inventory Management Location 40

Retail TouchPoints

DECEMBER 28, 2022

The ever-changing retail market has made automation a necessity. According to recent research, the global warehouse automation market is estimated to grow at a CAGR of 14%, reaching $30 billion by 2026. They offer the greatest flexibility and visibility in the network and reduce systemwide inventory carrying costs; and.

Management 257

Management Fulfillment Drop-Shipping Employee Engagement 257

RETAIL MANAGEMENT SOFTWARE

JULY 17, 2023

A multitude of factors, such as demand volatility, inventory management, logistics, and forecasting, can present significant challenges to supply chain efficiency. Demand Forecasting Accurate demand forecasting is an essential aspect of effective supply chain management.

Inventory Management 89

Inventory Management Supply Chain Management Management Point of Sale 89

Inside Retail

MARCH 28, 2023

Now, it’s looking to reach 9,000 locations by 2025 through its focus on innovation, customer-centricity and agility. Zhang believes that Starbucks is uniquely positioned to continue winning in China, thanks to its scale, market-leading digital ecosystem, robust innovation pipeline, and customer loyalty, which are unmatched in the marketplace.

Inventory Management 130

Inventory Management Planning Location Consumer 130

I Vend

AUGUST 6, 2023

Reporting has always been important in retail – understanding sales tracking figures, inventory levels and the impact of marketing for example. Customer data tracking – understanding customer behaviour is the first step to creating personalised loyalty and marketing campaigns.

Point of Sale 92

Point of Sale Inventory Management Shrinkage Promotions 92

Retail TouchPoints

SEPTEMBER 23, 2022

But since the global market for 3PL companies is projected to reach $1.3 A 3PL provides a safety net for planned or unanticipated increases in demand, so you don’t have to worry about fulfilling scheduled orders or laying off employees when the busy season ends. How to optimize shipments based on the customers’ location.

Fulfillment 284

Fulfillment Shipping Inventory Management Management 284

Retail TouchPoints

AUGUST 31, 2021

Customer buying habits change based on store location, the product’s target audience (e.g. makeup vs. sports equipment), availability of brands, store hours, store marketing, and local demographics and economic conditions. Optimizing product shelf locations. A Cashierless Experience. million per year in revenue.

Inventory Management 186

Inventory Management Location Marketing Planning 186

365 Retail

FEBRUARY 1, 2024

PoS systems are becoming essential for managing everyday commercial operations, from simple payment processing to inventory management and sales analytics in retail companies. Modern PoS systems often offer cloud-based or remote access features, allowing managers to monitor business operations from anywhere.

Merchant Services 52

Merchant Services Payment Services Inventory Management Management 52

RETAIL MANAGEMENT SOFTWARE

MARCH 26, 2024

With strategic planning and a keen understanding of retail sales seasonality trends, retailers can leverage the energy of springtime to attract customers and boost sales. Leverage digital marketing channels to promote your spring-themed promotions and reach a wider audience.

Promotions 77

Promotions Outdoor Inventory Management Management 77

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. UPS utilizes route optimization software to plan the most efficient delivery routes, reducing fuel consumption and delivery times.

Supply Chain Management 52

Supply Chain Management Management Inventory Management Outdoor 52

Star Miconics

MARCH 1, 2023

Ascent Solutions is an exciting enterprise resource planning (ERP) software offering features to help businesses manage their inventory and sales processes. What’s impressive is that Ascent Solutions’ inventory management system is powered by Salesforce , a leading customer relationship management (CRM) platform.

Payment Services 52

Payment Services Inventory Management Point of Sale Fulfillment 52

Inside Retail

MARCH 8, 2023

But he believes that the company’s impressive sales growth is set to continue as it emphasises the initiatives that underline its ‘Customer First Plan.’ per cent compared to the first half of FY20, which was unaffected by Covid-19 restrictions, while its market share was up by 28 basis points compared to the six months prior.

Department Stores 147

Department Stores Net Profit Inventory Management Management 147

Retail TouchPoints

JUNE 25, 2021

This is proven out in our data, with close to half (48%) of firms already or planning to provide 5G-capable smartphones and/or devices to employees in the next six months. Additionally, 40% are either already providing an allowance for employees to upgrade to a 5G wireless device and service, or plan to do so in the next six months.

Inventory Management 131

Inventory Management Customer Experience Point of Sale Advertising 131

Retail Minded

MAY 17, 2024

These include transaction handling, inventory management, and e-commerce operations. MSPs implement systems that streamline tasks and proactively manage IT issues to prevent disruptions. They also improve inventory management with advanced software that prevents overstocking and shortages, reducing costs and avoiding lost sales.

Management 52

Management Inventory Management Technical Support Customer Experience 52

V Count

SEPTEMBER 15, 2022

A modern POS system lets you accept customer payments at a specific location or on the go and can help you track your sales in an efficient way. It’s an all-in-one POS solution that asks for no subscription fee, however, the paid plans offer way more features. Multiple plans, including a free one (transaction cuts aren’t included).

Merchant Services 98

Merchant Services Payment Services Inventory Management Planning 98

Wiser

JULY 31, 2023

Common Issues With Planogram Compliance One issue that brands often see when it comes to planogram compliance is inconsistent implementation across various store locations. 1: Regular Audits Conducting regular in-store audits allows brands to physically verify that stores are adhering to the planned layouts.

Store Layout 145

Store Layout Promotions Customer Experience Inventory Management 145

Rain Pros

AUGUST 17, 2023

Here’s a look at some of its best features, from inventory to integration. Inventory Management In retail, updated and accurate inventory is critical to success. Proper inventory management helps cut down on waste and improves profits, too. Streamlined operations – Everything is in one convenient location.

Inventory Management 52

Inventory Management Management Point of Sale Checkout 52

V Count

SEPTEMBER 15, 2022

A modern POS system lets you accept customer payments at a specific location or on the go and can help you track your sales in an efficient way. It’s an all-in-one POS solution that asks for no subscription fee, however, the paid plans offer way more features. Multiple plans, including a free one (transaction cuts aren’t included).

Merchant Services 92

Merchant Services Payment Services Inventory Management Planning 92

Global Shop

FEBRUARY 12, 2024

Market-leading productivity can be achieved by testing and defining workflows, simplifying material ordering, ongoing training for employees, regular maintenance of machinery and equipment, and identifying bottlenecks on the shop floor. As a result, managers know the location of every part or material in inventory and where it’s going next.

Shopping 52

Shopping Inventory Management Bar Codes Drop-Shipping 52

Inside Retail

MARCH 2, 2023

One such advancement is the development of Autonomous Mobile Robots (AMRs), which have been implemented by a range of companies – including Catch, Toys R Us , and a number of other retailers – for task enhancements ranging from inventory management, order fulfilment, delivery and customer service.

Fulfillment 130

Fulfillment Inventory Management Beauty and Health Management 130

Wiser

AUGUST 28, 2023

With an optimized retail assortment strategy, focusing on factors such as understanding customer preferences, analyzing market trends, and optimizing inventory management, you can significantly enhance your retail operations and drive business success. What age group are they in?

Target Market 146

Target Market Fast Fashion Marketing Inventory Management 146

Retail TouchPoints

NOVEMBER 18, 2021

Recent data shows that people plan to buy more gifts and spend more money than they did in 2020. In this rapidly changing environment, retailers need a powerful data platform that can help them adapt and respond with more flexibility and agility than ever before to capture digital and omnichannel shoppers and optimize their inventory.

Supply Chain Management 221

Supply Chain Management Fulfillment Shipping Inventory Management 221

Inside Retail

SEPTEMBER 15, 2021

To make things worse, during government-mandated lockdowns in many markets across Asia, in-store merchandisers and sales reps have often not been allowed to enter stores. Supply chains cannot be changed instantaneously, it needs pre-planning. Speed is critical.

Inventory Management 130

Inventory Management Promotions Consumer Supermarket 130

Rain Pros

APRIL 17, 2023

Here’s a look at some of its best features, from inventory to integration. Inventory Management In retail, updated and accurate inventory is critical to success. Proper inventory management helps cut down on waste and improves profits, too. Expect to handle the things below.

Inventory Management 52

Inventory Management Management Point of Sale Checkout 52

Small Biz Trends

JUNE 25, 2022

The business currently has an average of 150 bookings annually without any advertising, so there is huge potential with the right marketing campaign. The seller is going to provide training on CRM systems, website and Instagram upkeep, and maintenance of inventory. The business is located in Austin, TX with an asking price of $130,000.

Drop-Shipping 94

Drop-Shipping Apparel Finance Specialty Store 94

Inside Retail

OCTOBER 11, 2023

A few years ago, it seemed like every new brand making noise in the market was adopting a direct-to-consumer (DTC) business model. Bypassing intermediaries means brands control the trade margins through sales, marketing and inventory management. Absolutely.

Dead-Stock 130

Dead-Stock Consumer Kiosk Inventory Management 130