Remove Inventory Management Remove Location Remove Promotions Remove Shopping
article thumbnail

Nike, Calvin Klein and Other Major Brands in Vietnam Enhance Order and Inventory Management

Retail TouchPoints

For Vietnamese retail management firm Au Chau Fashion and Cosmetic Company (ACFC) , the rapid adoption of online shopping spurred by COVID-19 store closures offered an opportunity to beef up the omnichannel experience across its suite of international brands. .

article thumbnail

Utilizing the External Data Boom for Digital Shelf Optimization

Retail TouchPoints

Many companies can track their own digital shelf data, allowing them to align products across platforms, perform A/B testing and improve inventory management. The fact that you can adapt your digital display very quickly as compared to physical inventory management allows businesses to benefit from multiple types of external data.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

#RSP22: Everything You Need to Know About Holiday 2022

Retail TouchPoints

Among its multiple impacts, COVID-19 accelerated an elongation of the holiday shopping season that was already underway. Rather than being limited to a jam-packed four to five weeks from Black Friday to Christmas Eve, consumers are beginning their shopping as early as October (with a few doing so even earlier than that).

article thumbnail

IoT in Retail: Top 5 Use Cases and Real-Life Examples

Retail TouchPoints

Businesses can collect real-time data on how the goods are stored and transported, their location and their condition during delivery. IoT technology is especially relevant in managing the supply chain of sensitive products like food with short shelf life or medicine. Inventory management. Exceptional customer experience.

article thumbnail

Survival guide: The keys to resilience and success in tough times

Inside Retail

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.

article thumbnail

The Impact of AI Technologies on Retail: Examining Benefits and Transformations in Shopping

V Count

Now, it seems, the spotlight has turned towards the traditional brick and mortar retail shops. Then, we’ll talk about how all types of retail businesses can use AI, from improving inventory management to customizing customer experience. They analyze performance on a store-by-store and location basis.

article thumbnail

Retail’s tech revolution sets laser-like focus on the consumer

Inside Retail

This is not just a transient trend but a robust response to the changing consumer, who now craves the tactile satisfaction of in-store shopping along with the personalisation and convenience of online commerce. This is especially crucial in managing seasonal or event-driven merchandise.

Consumer 147