Retalon

APRIL 25, 2017

Getting your product pricing right is absolutely critical to customer cross-channel experience, but the promise of unified price, promotion and markdown optimization is hard to achieve. The post Guide for Unified Price, Promotion and Markdown Optimization Applications appeared first on Retalon. Market Analysis.

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Markdowns Promotions Inventory Management Planning 32

Retail Assist

JUNE 22, 2023

Successfully managing a retail supply chain can be a daunting task, but with the right tools and software, it becomes a seamless process. It addresses the pain points of inventory management, logistics, and data overload by providing unparalleled visibility across your entire supply chain. The result?

Payment Services 52

Payment Services Markdowns Inventory Management Supply Chain Management 52

Retalon

JUNE 29, 2013

In order to achieve this there is a lot of thought put into inventory management, allocation, and replenishment processes. Most retailers begin by creating a plan based on the big picture of their business process, and then they purchase the inventory, and allocate it to stores from the DC. Originally Published on PA Times.

Inventory Management 32

Inventory Management Management Markdowns Fulfillment 32

Wiser

MAY 20, 2020

It’s a complex decision that involves customer behavior, marketing, supply chain and inventory management, and other functional areas. Everyday low pricing is a pricing strategy in which brands and retailers promise consumers that their prices will be consistently low, as opposed to having sporadic discounts or promotions.

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Markdowns Promotions Inventory Management Consumer 148

Retail Design Solutions

FEBRUARY 23, 2024

Retailers in these countries have partnered with tech companies such as Waste-less, whose AI-powered system gauges the risk of food items expiring on the shelf and determines whether a markdown is necessary. The retail landscape is continuously evolving, and AI-driven dynamic pricing is set to revolutionise the way we shop.

Markdowns 52

Markdowns Supermarket Inventory Management Consumer 52

Retalon

OCTOBER 23, 2023

TORONTO (PRWEB) FEBRUARY 04, 2022 Retalon, an award-winning provider of AI and predictive analytics for retailers has become a Microsoft Partner through the release of their analytics solutions for planning, inventory management, and lifecycle pricing on Microsoft Dynamics 365.

Markdowns 41

Markdowns Inventory Management Finance Planning 41

Retalon

MARCH 7, 2022

Retalon, a Toronto-based retail AI company, has been recognized for advancing retail technology in supply chain and merchandising in 2022.

Markdowns 41

Markdowns Inventory Management Accounting Promotions 41

Retalon

JANUARY 7, 2021

With seasonal product life-cycles becoming ever shorter, retailers need more strategic and granular ways to plan their seasonal assortments so they can maximize revenue while minimizing markdowns. Some of these factors include: Pricing Consumer preferences Competitors Events Promotions Vendors Logistics etc.

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Markdowns Promotions Accounting Planning 41

Retalon

OCTOBER 8, 2020

More expensive than real estate, merchandising, or even labor — inventory is the largest investment your company makes. But getting the biggest return on that investment, especially in today’s tough retail environment, requires a more nuanced, data-driven approach to inventory management than most retailers are used to.

Markdowns 41

Markdowns Inventory Management Promotions Planning 41

Retalon

FEBRUARY 7, 2022

Retalon, an award-winning provider of AI and predictive analytics for retailers has become a Microsoft Partner through the release of their analytics solutions for planning, inventory management, and lifecycle pricing on Microsoft Dynamics 365.

Markdowns 41

Markdowns Inventory Management Finance Planning 41

Retail TouchPoints

DECEMBER 12, 2023

In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? Keeping in mind as well the need to optimize their supply chain fulfillment to meet consumer delivery expectations while managing parcel carrier costs?

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Markdowns Retailing Pricing Promotions Fulfillment 266

Retalon

FEBRUARY 25, 2022

Whether losing sales to out-of-stocks, or facing overstocking costs and markdowns, inefficient stock replenishment has a huge impact on a retailer’s GMROI. Stock replenishment is the process of ordering and allocating inventory to replace missing products on store shelves. So, how are retailers managing stock replenishment today?

Inventory Management 47

Inventory Management Fulfillment Markdowns Location 47

Retalon

APRIL 26, 2021

Product clustering (or grouping) is an increasingly common technique that leading retailers use to manage their planning, inventory, pricing, promotions, and markdowns. Retailers may cluster these substitute products together to manage inventory more efficiently. Examples of product clusters .

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Markdowns Promotions Inventory Management Accounting 41

Retalon

JULY 25, 2018

Distributed Order Management. Unified Price, Promotion and Markdown Optimization. In this report: Analysis. What You Need to Know. The Hype Cycle. The Priority Matrix. Off the Hype Cycle. On the Rise. Contextualized Real-Time Pricing. Blockchain in Retail. Smart Check-Out. Algorithmic Retailing. Visual Search. At the Peak.

Markdowns 32

Markdowns Inventory Management Promotions Planning 32

Retalon

APRIL 27, 2021

Although e-commerce gets all of the attention, the past two decades of technological change have transformed every aspect of the retail business — from planning, inventory, pricing, and promotions — all the way down to customer service and the in-store experience. to optimize inventory for gross margins.

Fulfillment 41

Fulfillment Markdowns Promotions Returns 41

Retalon

FEBRUARY 13, 2018

Business Intelligence (BI) and traditional forecasting methodology can provide visibility into a retailer’s past sales, promotions, stock levels, and more. The result of unreliable projections are inventory imbalances: mistakes in planning, purchasing, and inventory management, resulting in inventory levels that don’t match actual demand.

Markdowns 32

Markdowns Inventory Management Promotions Accounting 32

Retalon

FEBRUARY 13, 2018

Business Intelligence (BI) and traditional forecasting methodology can provide visibility into a retailer’s past sales, promotions, stock levels, and more. The result of unreliable projections are inventory imbalances: mistakes in planning, purchasing, and inventory management, resulting in inventory levels that don’t match actual demand.

Markdowns 32

Markdowns Inventory Management Promotions Accounting 32

Retalon

FEBRUARY 13, 2018

Business Intelligence (BI) and traditional forecasting methodology can provide visibility into a retailer’s past sales, promotions, stock levels, and more. The result of unreliable projections are inventory imbalances: mistakes in planning, purchasing, and inventory management, resulting in inventory levels that don’t match actual demand.

Markdowns 32

Markdowns Inventory Management Promotions Accounting 32

Retalon

JANUARY 5, 2021

Most of today’s inventory management issues start at the level of forecasting. Or that new promotional strategies will lead to an uplift for discounted products, while likely reducing sales for similar, regular-priced items. Why isn’t the current method working? And this is just the tip of the iceberg.

Location 41

Location Inventory Management Markdowns Fulfillment 41

Retalon

SEPTEMBER 1, 2020

Without historical data to draw upon, how do you predict the best way to allocate them to stores, pricing, promotional demand, and balance online versus in-store sales? Guess wrong and you will run out of inventory, have too much inventory, or have the right inventory in the wrong place. – all costly mistakes.

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Promotions Markdowns Inventory Management Accounting 41

Retalon

SEPTEMBER 22, 2021

Once a customer comes into the store to pick up their order they are probably going to be looking around at the inventory on the shelves. In addition, they can be greeted by sales associates who can recommend products or inform customers of promotions and events. Better inventory management and visibility. Infrastructure.

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41

Retalon

JANUARY 20, 2014

This annual list of companies is selected by a panel of experts and members of CIO Review’s editorial board to recognize and promote technology entrepreneurship. Retalon has helped businesses plan their operations, optimize prices and markdowns, and ensure efficiency in supply chain and inventory management processes.

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Markdowns Inventory Management Accounting Promotions 32

Retalon

APRIL 21, 2021

At its most basic, it only requires integrating live inventory counts from your ERP / inventory management software with your e-commerce platform, ensuring customers can get accurate information about which store has the items they’re looking for (or give them the option to ship to store). Vancouver). Restocking fees.

Fulfillment 41

Fulfillment Drop-Shipping Shipping Returns 41

Retalon

AUGUST 20, 2019

From there, you can start to examine competitive pricing and promotions, forecast demand with fulfillment in mind, as well as brand building through social efforts that engage your audience. – Inventory management. – Price management & optimization. – Promotions, event and markdowns.

Fulfillment 32

Fulfillment Comparison Shopping Markdowns Promotions 32

Retalon

AUGUST 20, 2019

From there, you can start to examine competitive pricing and promotions, forecast demand with fulfillment in mind, as well as brand building through social efforts that engage your audience. – Inventory management. – Price management & optimization. – Promotions, event and markdowns.

Fulfillment 32

Fulfillment Comparison Shopping Markdowns Promotions 32

Retalon

AUGUST 2, 2019

Businesses collect more data than ever before and from every aspect of the supply and demand chain—logistics; vendor compliancy/lead times; POS data; inventory levels; traffic cameras; prices; markdowns; consumer behavior; demand forecasts; and more. How will a promotion during a seasonal peak affect the uplift in demand?

Merchant Services 39

Merchant Services Fulfillment Accounting Markdowns 39

M19 Retail

MARCH 17, 2021

MIAMI, FLORIDA March 17, 2021 – Mi9 Retail, the number one vendor for tier one retailers (RIS 2021 Software Leaderboard) that enables them to automate and optimize merchandise management and demand planning, is pleased to announce the release of its new merchandise management mobile application (MMA).

Inventory Management 40

Inventory Management Management Markdowns Planning 40

I Vend

SEPTEMBER 20, 2022

By now, you know you need something more for your inventory management—pen and paper just aren’t going to cut it—but you still have questions about cloud-based inventory management software. Earlier this year, 56% of retail business owners said their inventory management was not accurate. What is it?

Management 52

Management Inventory Management Payment Services Markdowns 52

Retalon

NOVEMBER 19, 2018

Are the current pricing and markdown strategies still the optimal ones based on the new forecast? Adrian is the Marketing Manager at Retalon, an award-winning provider of retail Predictive Analytics solutions for planning, inventory management, merchandising, pricing, and promotions. Contributed by Adrian Silipo.

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Markdowns Fashion Inventory Management Accounting 32

Retalon

NOVEMBER 19, 2018

Are the current pricing and markdown strategies still the optimal ones based on the new forecast? Contributed by Adrian Silipo is the Marketing Manager at Retalon, an award-winning provider of retail Predictive Analytics solutions for planning, inventory management, merchandising, pricing, and promotions.

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Markdowns Fashion Inventory Management Accounting 32

Retalon

AUGUST 2, 2019

Inventory levels (store, warehouse, distribution centers). Prices (markdowns, promotions, competitor prices, etc.). How will a promotion during a seasonal peak affect the uplift in demand? Merchants and inventory managers attended more co-planning meetings. POS data (sales, returns, etc.). Demand forecasts.

Merchant Services 32

Merchant Services Fulfillment Accounting Markdowns 32

Retalon

JULY 4, 2018

seasonality, price-elasticity, geo-demographic diversity, past promotions) and applies sophisticated mathematics to your specific business rules, policies, and costs constraints. Usually by purchasing more inventory they already have in other locations, or marking down inventory that is selling too slow.

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Promotions Fulfillment Shipping Markdowns 32

Retalon

DECEMBER 8, 2021

This includes everything from purchasing inventory to returns management. Purchase order management is often the first stumbling block to a smooth fulfillment process. Many cope by using generalized approaches for allocation like category-level inventory management. Order Processing. robots) is only one benefit.

Merchant Services 41

Merchant Services Fulfillment Drop-Shipping Shipping 41

Retalon

DECEMBER 22, 2014

The marketing and loyalty department provide consumer/promotion data, the POS system provides sales/returns data. The DCs and logistics functions provide inventory/supply chain data, as well as the procurement/purchasing department, e-commerce, and more. How much extra inventory should be ordered for planned promotions?

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Dead-Stock Promotions Fulfillment Markdowns 32

Retalon

DECEMBER 22, 2014

The marketing and loyalty department provide consumer/promotion data, the POS system provides sales/returns data. The DCs and logistics functions provide inventory/supply chain data, as well as the procurement/purchasing department, e-commerce, and more. How much extra inventory should be ordered for planned promotions?

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Dead-Stock Promotions Fulfillment Markdowns 32

Retalon

JUNE 18, 2019

Promotion planning is a constant balancing act. You have many types of promotions to choose from, each with its own effects on consumer behaviour and the resulting outcome. These promotions must also fit within your overall promotional strategy which supports your company’s business goals.

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Promotions Markdowns Payment Services Inventory Management 32

Retalon

AUGUST 16, 2019

So, how can you juggle concerns like forecasting, inventory management, distribution, fulfillment, and more against the growing demand for personalization, all while continuing to create the consistent experience customers expect ? This is the level of exclusivity their customers expect and prefer.

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Fulfillment Customer Experience Markdowns Consumer 32