Retail TouchPoints

NOVEMBER 22, 2022

The NYC-headquartered Fillogic will support the retailer through ecommerce and store-based fulfillment, reverse logistics and returns, forward-staging of inventory and final-mile delivery. The space will allow the retailer to stage inventory, satisfy merchandise pickup and delivery and fulfill store-based and ecommerce orders.

Fulfillment 288

Fulfillment Payment Services Inventory Management Department Stores 288

RETAIL MANAGEMENT SOFTWARE

OCTOBER 22, 2024

A centralized database acts as a single source of truth for all business data, allowing retailers to manage information from multiple channels and locations efficiently. A centralized database is a system where all of a company’s data is stored in one location, accessible to all departments and retail locations in real time.

Inventory Management 111

Inventory Management Location Management Supply Chain Management 111

I Vend

FEBRUARY 6, 2023

This lack of inventory costs retailers an estimated up to 8% of revenue in lost sales. iVend Retail Inventory Management Inventory management drives store efficiency and customer experience. Read about iVend’s smart retail technology for inventory management.

Inventory Management 98

Inventory Management Management Shrinkage Returns 98

RETAIL MANAGEMENT SOFTWARE

MARCH 11, 2022

Do you know how to manage your inventory as effectively as possible? What are the inventory management best practices? If you can’t answer these questions, it’s time to reconsider how you manage your inventory. These items need to be replaced and either returned to the vendor or donated.

Inventory Management 111

Inventory Management Management Inventory Turnover Drop-Shipping 111

Retail TouchPoints

MARCH 11, 2021

“The ecommerce uptick of the last 12 months has necessitated a realignment of how retailers approach leveraging store associates, locations and inventory,” said Kevin Swanwick, VP, Store Solutions at Manhattan Associates in a statement. A frictionless return experience is critical.

Fulfillment 321

Fulfillment Inventory Management Returns Point of Sale 321

I Vend

NOVEMBER 6, 2023

Retail is still in the post-pandemic shake-down, with some shoppers loving the return to stores, but others now entrenched with ecommerce as their ‘normal’; inflation is still impacting shoppers’ discretionary spend and the cost of living crisis is making many think twice about purchases they would have made without a care a few short years ago.

Inventory Management 90

Inventory Management Management Point of Sale Returns 90

Inside Retail

JUNE 27, 2024

This is a comprehensive approach that extends beyond online sales to encompass various critical aspects of retail operations, with inventory management and pricing at its core. It wanted to create synergy between its bricks-and-mortar locations and digital storefront. Instead, the holy grail solution is unified commerce.

Inventory Management 260

Inventory Management Fulfillment Store Layout Shipping 260

Retail TouchPoints

OCTOBER 4, 2024

It’s understandable that retailers are frustrated by persistently high product return rates, especially for ecommerce purchases ( 15.4% sell it on a marketplace versus reintroducing it into regular inventory). sell it on a marketplace versus reintroducing it into regular inventory). Make return policies crystal clear.

Returns 263

Returns Inventory Management Consumer Management 263

Retail TouchPoints

JULY 15, 2022

Over a four-week period, Build-A-Bear turned its store locations into micro-fulfillment centers so it could maintain store operations, keep associates working and create a bright spot for consumers navigating uncertainty and stress.

Fulfillment 306

Fulfillment Shipping Inventory Management Location 306

Retail TouchPoints

OCTOBER 28, 2022

The secret lies in their well-developed Customer Relationship Management (CRM) system. CRM modules integrated into your ERP system can give you a 360-degree view of your customers — online and in-store purchases, their locations, accounts, preferences and more. That is not all.

Supply Chain Management 278

Supply Chain Management Inventory Management Management Accounting 278

RETAIL MANAGEMENT SOFTWARE

SEPTEMBER 19, 2023

In the ever-evolving world of retail, efficient inventory management is the key to success. Retail Inventory Management Software, often abbreviated as RIMS, has become an indispensable tool for retailers of all sizes. What is Retail Inventory Management Software?

Inventory Management 64

Inventory Management Management Inventory Turnover Location 64

Retail TouchPoints

FEBRUARY 20, 2023

Actionable data can also help retailers with inventory management across all locations. If the customer needs more information or help, these systems are particularly good at alerting retail managers to know quickly that a customer service action is needed. Tyler Wells is the North American Sales Manager for MicroTouch.

Advertising 246

Advertising Sporting Goods Returns Inventory Management 246

Retail TouchPoints

SEPTEMBER 23, 2022

How to optimize shipments based on the customers’ location. Not only does the space of the facilities where you store goods and transport orders matter greatly, but also their location and proximity to your shipping destinations. 3PLs, on the other hand, handle picking, storing, packing, labeling, shipping and returns.

Fulfillment 331

Fulfillment Shipping Inventory Management Management 331

Inside Retail

NOVEMBER 6, 2023

As Zebra Technologies’ downloadable e-book Lift Productivity and Improve Execution for the Next-Gen Workforce explains, today’s customers want retailers’ workforces to pick their goods, pack them, ship them, deliver them and return them – all without diminishing in-store service.

Inventory Management 299

Inventory Management Management Promotions Shipping 299

Inside Retail

JANUARY 11, 2022

Retailers are now investing significant resources into logistics, deploying the latest inventory management systems, automating warehouses and hiring hundreds of hardworking staff in an effort to pick, pack and ship online orders as quickly as possible. That’s where local inventory comes in.

Shipping 200

Shipping Fulfillment Inventory Management Location 200

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 287

Merchant Services Payment Services Promotions Location 287

Retail Assist

OCTOBER 16, 2024

For growing retailers, managing inventory effectively is crucial to customer satisfaction, operational costs and growth potential. This can easily lead to stockouts, excess inventory and other issues that affect both profitability and reputation.

Inventory Management 52

Inventory Management Management Shrinkage Returns 52

Retail TouchPoints

JANUARY 20, 2022

For most stores with multiple locations, procurement has largely been a centralized process, with each location requesting and receiving inventory from the parent corporation, as needed. But supply chain disruptions resulting from the pandemic forced many store managers to go rogue and do whatever was needed to stay in business.

Merchant Services 264

Merchant Services Clienteling Shipping Inventory Management 264

Retail TouchPoints

JANUARY 20, 2022

Other tech integrations that will enable a “seamless and elevated shopping experience” include new inventory management systems , new technology to support customer service and the Amazon One palm recognition payment system for fast checkout. There will be humans working the store too.

Payment Services 263

Payment Services Apparel Inventory Management Department Stores 263

Inside Retail

FEBRUARY 25, 2024

Among consumer and retail sector respondents, 66 per cent said their organisations were most likely to apply generative AI in analysing customer data and creating personalised recommendations; 64 per cent will use it for trend analysis/predictive analysis for inventory management; and 40 per cent envision it helping them set competitive prices.

Inventory Management 246

Inventory Management Management Consumer Planning 246

Retail Smart Guys

DECEMBER 11, 2022

Facts about Inventory Management. The retail industry is constantly changing, and inventory management gives a better understanding of this inconsistent landscape. Additionally, it helps in having a proper cash flow in your business since you are spending money on an inventory that sells and is not stagnant.

Inventory Management 52

Inventory Management Management Markdowns Fulfillment 52

Retail Minded

MARCH 20, 2025

Inventory Damage and Supply Chain Disruptions Damaged inventory results in financial losses and customer dissatisfaction. In response, many retailers are adopting AI-driven inventory management systems to monitor real-time product conditions and automate quality control processes.

Merchant Services 94

Merchant Services Payment Services Management Shrinkage 94

Inside Retail

JANUARY 27, 2025

Challenges include fragmentation in the ad buying space, an inability to demonstrate return on ad spend (RoAS), limited ad inventory and the inclusion of various manual tasks, such as designing and launching ad campaigns.

Shipping 130

Shipping Consumer Inventory Management Returns 130

Retail TouchPoints

DECEMBER 28, 2022

A growing retail and ecommerce business can turn an efficient process into a multi-step nightmare with inaccurate purchasing, order fulfillment and returns processes. Hence the undeniable need for robust warehouse management technologies that are future-focused and effortlessly scalable.

Management 279

Management Fulfillment Drop-Shipping Employee Engagement 279

Retail TouchPoints

JULY 27, 2021

The actualization of being able to buy, receive and return goods from virtually anywhere is now moving at warp speed. For example, you may want to make sure that online orders are being shipped from a store location near the customer instead of from a faraway distribution center. And despite U.S.

Shipping 312

Shipping Fulfillment Inventory Management Customer Experience 312

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 28, 2025

Retailers are focused on improving pickup options, payment flexibility , and streamlining the return process. ChainDrives solutions help retailers manage this process efficiently, ensuring customers receive their orders in the shortest time possible.

Inventory Management 52

Inventory Management Payment Services Fulfillment Customer Experience 52

Retail Focus

SEPTEMBER 7, 2021

The first affects stock inventory management. Planning localised levels of stock on a short-term basis can go some way to achieving this, while more accurate inventory forecasting can optimise reordering to reduce replenishment timescales. What is driving consumer returns? How long does it take to process a returned item?

Inventory Management 147

Inventory Management Supply Chain Management Shipping Planning 147

Retail Minded

MAY 3, 2023

Retailers know that inventory management is time-consuming and can pose difficulties. Thanks to technology-enabled best practices, managing inventory is easier than ever. You can optimize inventory management and drive business results, whether you’re a small retailer or a large chain.

Inventory Management 52

Inventory Management Management Fulfillment Inventory Turnover 52

M19 Retail

DECEMBER 4, 2024

The ability to complete transactions at any location within the store enhances customer engagement and alleviates the frustration of long checkout lines, contributing to higher customer satisfaction levels. Additionally, mobile POS systems give sales associates on-the-go access to valuable customer data.

Payment Services 52

Payment Services Checkout Inventory Management Customer Retention 52

M19 Retail

OCTOBER 11, 2024

Why Your Supply Chain Management System Depends on the Right Retail Inventory Management Software In today’s complex retail environment, managing a supply chain management system is no small feat. A robust Retail Management System (RMS) is the foundation upon which this balance is maintained.

Supply Chain Management 52

Supply Chain Management Inventory Management Management Markdowns 52

Inside Retail

JULY 14, 2024

In the US, Safeway and Walmart are ripping out self-checkout solutions in favour of returning to manned lanes and in the UK, the upmarket Booths is following suit, with all but two stores returning entirely to manned cashier stations. That is a stunning contrast to global grocery industry trends.

Checkout 244

Checkout Payment Services Apparel Inventory Management 244

M19 Retail

FEBRUARY 25, 2025

Whether its managing multiple store locations, keeping track of high-volume inventory, or planning merchandising across regions, our system is equipped to handle the most demanding requirements. This level of traceability is invaluable in the case of product recalls or returns.

Inventory Management 52

Inventory Management Returns Management Shopping 52

Wiser

NOVEMBER 6, 2024

However, forward-thinking brands are realizing the value of arming their sales reps with store-level sales data to influence purchasing decisions at the individual store location. Reps can also introduce successful products from nearby stores into new locations, expanding distribution and driving incremental sales.

Promotions 78

Promotions Inventory Management Location Management 78

I Vend

APRIL 2, 2025

Omnichannel Integration Your customers no longer differentiate between shopping online and in-store and often want to use a blend of channels within the one transaction such as ordering online and collecting in the store (click and collect), buying online and returning in the store (BORIS) or ordering in-store for home delivery.

Management 52

Management Payment Services Inventory Management Point of Sale 52

I Vend

NOVEMBER 7, 2023

Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail. So inventory management is essential. Retail technology can streamline inventory management by enabling retailers to accurately track goods from delivery to sale through to returns.

Inventory Management 97

Inventory Management Management Point of Sale Returns 97

Retail TouchPoints

JUNE 25, 2021

One of the rising trends in the retail industry today is the changing nature of retail stores and inventory management. Due to COVID and the supply chain challenges related to the pandemic, retail locations became as much a distribution center for ecommerce as they were for in-store traffic. 5G as an Efficiency Driver.

Inventory Management 147

Inventory Management Customer Experience Point of Sale Consumer 147

Retail TouchPoints

JULY 11, 2023

They can transform their IT center into a profit center, where the network is: High-performing, resilient and well-managed across all locations; Robust, with 24/7 cybersecurity; Consistent, with uninterrupted cloud and data access; and Primed to deliver advanced analytics and enabled with artificial intelligence to optimize performance.

Payment Services 213

Payment Services Inventory Management Consumer Returns 213