article thumbnail

How Hot Topic and Lamps Plus Mastered Inventory Management and More

Retail TouchPoints

Smart retailers are realizing that their increasingly complex omnichannel offerings have made strong supply chain management more important than ever. Retailers need to handle inventory in stores and distribution centers, keep an eye on both digital and physical shelves and keep costs down with efficient logistics and routing.

article thumbnail

Crafting Effective Solutions For Retail Supply Chain Management

Retail Minded

Related Questions Here are related questions and answers on the topic of understanding the retail supply chain challenges: Why is a Warehouse Management System (WMS) crucial for optimizing inventory management in retail supply chain operations?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Whole Foods Among First Retailers to Implement AWS Supply Chain Solution

Retail TouchPoints

The solution sets up a unified supply chain data lake using AWS Supply Chain’s built-in connectors, which use pre-trained machine learning models to understand, extract and aggregate data from ERP and supply chain management systems. AWS Supply Chain is available in preview in U.S.

article thumbnail

How to Build a Modern Supply Chain That’s Built to Last

Retail TouchPoints

Retailers are well aware of the limitations of traditional supply chain management tactics. Companies with supply chains that span the globe often struggle with standardizing their processes, partly because different locations use different systems of record. Revamping Your Supply Chain Approach Takes Time.

article thumbnail

Preparing For Peak; Five Tips For Getting Supply Chains Fit For The Festive Season

Retail Focus

Supply chains must be agile enough to cope with unexpected gaps in workforces, which involves two levels of contingency planning. The first affects stock inventory management. The most efficient and effective supply chains embrace uncertainty – something that’s turbocharged during planning for peak.

article thumbnail

How global beauty brands will benefit from JD.com’s latest logistics move

Inside Retail

Xue stated that JD Logistics already operates several self-operated warehouses across key European locations, including the UK, France, Germany and more. Additionally, the fashion industry often encounters supply chain challenges such as inventory management and high return rates.

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. Continue to review minimum stock limits and develop contingency plans should supply issues emerge. Pricing and promotional strategies will be vital as consumers are more cost-conscious.