Inside Retail

JANUARY 30, 2024

These technologies are helping retailers achieve efficiencies in operational functions including staff deployment and management, customer service, shrinkage reduction and lifecycle pricing. 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

I Vend

AUGUST 6, 2023

Inventory management – metrics such as stock turnover levels, and days of inventory remaining can be used to accurately plan purchasing and replenishment strategies and minimise the chance of stock outs. Operating cost analysis shows helps to identify areas for streamlining and automation and then assess the results.

Point of Sale 81

Point of Sale Inventory Management Shrinkage Promotions 81

Wiser

JUNE 23, 2020

Local ads on Google, SMS marketing with location-based messaging (sometimes referred to as proximity marketing), social campaigns with influencers, and other digital strategies can help you reach a wide audience and draw people into your restaurants. Maintain Consistency Across Locations. Reduce Shrinkage.

Payment Services 78

Payment Services Shrinkage Location Marketing 78

Retail TouchPoints

MAY 31, 2022

Smart mirrors are already in use at COS Beverly Hills and will roll out to additional locations later this year. In-Store Inventory Management. When combined with tech such as IoT-embedded sensors, 5G will enable retailers to have a real-time view of store inventory, allowing for faster restocking when shelves are running low.

Merchant Services 353

Merchant Services Checkout Shrinkage ATS 353

Wiser

APRIL 23, 2019

Phantom inventory is particularly challenging because your inventory management system says the products are in-stock, but the shelves are empty. There are several potential causes of phantom inventory, including: . Smartphone-enabled shoppers can be leveraged to audit retail locations on your behalf.

Shrinkage 100

Shrinkage Inventory Management Location Fulfillment 100

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 92

Inventory Management Management Shrinkage Returns 92

Retail Times

MARCH 30, 2021

It’s best to use a point-of-sale or inventory system that automatically modifies inventory levels as you ring up sales, so you won’t have to worry about manually updating your database. Such solutions are also beneficial if you have several locations because they allow you to manage multiple stores from one place.

Merchant Services 98

Merchant Services Inventory Management Management Shrinkage 98