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As the Holidays Approach, it’s Time to Rethink Retail Pricing Methodology…and AI Can Help

Retail TouchPoints

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? Barach guides development and customer deployment of antuit.ai

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Ideoclick Expands Advertising Expertise to Instacart, Walmart and Target

Retail TouchPoints

The move aims to position Ideoclick as a single advertising management solution with a comprehensive, API-driven view of digital performance across multiple platforms. Ideoclick is designed to help retailers maximize cross-platform coordination to drive greater efficiencies and optimize sales.

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

Retail Focus

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. How regularly are retailers achieving optimum selling prices?

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Key Takeaways from the Wiser Industry Leaders Brand Panel: Challenges and Adaptations

Wiser

The escalating logistics costs are prompting retailers to seek increased profit margins, creating a ripple effect on pricing strategies and consumer affordability. Retail staff are grappling with managing various store sections and transitioning to fulfilling online orders, resulting in reduced in-store efficiency.

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You Can’t Spell Retail Without AI

Retail TouchPoints

AI has a lot to offer grocery stores, especially in inventory management. AI helps grocery managers optimize staff, advising on how many employees and checkout lanes are required. Price Optimization is for all Retailers. Practical Benefits of AI in Grocery.

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

365 Retail

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. How regularly are retailers achieving optimum selling prices?

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5 Inventory Costing Methods to Consider When Valuing Your Stock

Retail Times

The traditional way of handling accounting is known as the retail method , a process in which you estimate the value of your ending inventory by factoring in the cost to retail price ratio. Deduct your total sales during that period from the retail value of merchandise available for sale. Further Reading.

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