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. In this report: Market Definition. Market Description. Market Direction. Market Analysis. Market Introduction.

Markdowns 32

Markdowns Promotions Inventory Management Planning 32

Retalon

FEBRUARY 10, 2022

Bad inventory is an expensive problem. Trillion annually as a result of bad inventory. Managing inventory becomes exponentially more complicated as a retailer grows; and often becomes an overwhelming challenge. Indicators you’re managing bad inventory. Drastic Markdowns. A high cost of storage.

Inventory Turnover 41

Inventory Turnover Management Inventory Management Dead-Stock 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

JULY 25, 2018

Retail CIOs can leverage the Hype Cycle to: Advise the business areas on how to cut through market hype in order to best prioritize retail technology investments and. Customer-Centric Merchandising and Marketing. Unified Merchandise Planning. Unified Price, Promotion and Markdown Optimization. In this report: Analysis.

Markdowns 32

Markdowns Inventory Management Promotions Planning 32

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. Market basket – A very common practice in retail, products can also be clustered by the likelihood of customers purchasing them together (i.e.

Markdowns 41

Markdowns Promotions Inventory Management Accounting 41

Retalon

JULY 28, 2021

Retailers either lose sales and customer satisfaction due to inventory shortages or face drastic and expensive markdowns. Without historical numbers, retailers can feel like they are planning in the dark. By optimizing for seasonal demand retailers are not suffering lost sales, nor grappling with unnecessary markdowns.

Markdowns 41

Markdowns Inventory Management Accounting Management 41

Retalon

JULY 28, 2021

Retailers either lose sales and customer satisfaction due to inventory shortages or face drastic and expensive markdowns. Without historical numbers, retailers can feel like they are planning in the dark. By optimizing for seasonal demand retailers are not suffering lost sales, nor grappling with unnecessary markdowns.

Markdowns 41

Markdowns Inventory Management Accounting Management 41

Retalon

FEBRUARY 13, 2018

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. Each year, inventory imbalances cost retailers an estimated $1.1 connecting marketing with merchandising).

Markdowns 32

Markdowns Inventory Management Promotions Accounting 32

Retalon

FEBRUARY 13, 2018

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. Each year, inventory imbalances cost retailers an estimated $1.1 connecting marketing with merchandising).

Markdowns 32

Markdowns Inventory Management Promotions Accounting 32

Retalon

FEBRUARY 13, 2018

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. Each year, inventory imbalances cost retailers an estimated $1.1 connecting marketing with merchandising).

Markdowns 32

Markdowns Inventory Management Promotions Accounting 32

Retail TouchPoints

OCTOBER 3, 2023

When it came to inventory planning and optimization, stores were planned, allocated and/or replenished, and transacted with their customers entirely separately from the digital channel. This last, critical element (markdown avoidance) is the least fully adopted technique across the retail landscape today.

Fulfillment 242

Fulfillment Drop-Shipping Markdowns Shipping 242

Retail Next

MARCH 3, 2020

Last year (2019) was undoubtedly the most eventful yet, with a number of major global players announcing plans to reduce the amount of plastic they use and make their packaging more recyclable, including Procter & Gamble, PepsiCo, Nestlé , Unilever , Aldi and Walmart , just to name a few. The fine line of sustainability branding.

Markdowns 64

Markdowns Inventory Management Consumer Shipping 64

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

OCTOBER 20, 2014

After the initial success with implementation of Retalon Inventory Management system, Shane Co. Retalon is a leading provider of Predictive Analytics solutions for supply chain, inventory management, pricing, merchandising, planning and marketing operations. ” About Retalon. . ” About Retalon.

Jewelry 32

Jewelry Inventory Management Markdowns Management 32

Retalon

OCTOBER 20, 2014

After the initial success with implementation of Retalon Inventory Management system, Shane Co. Retalon is a leading provider of Predictive Analytics solutions for supply chain, inventory management, pricing, merchandising, planning and marketing operations. ” About Retalon. . ” About Retalon.

Jewelry 32

Jewelry Inventory Management Markdowns Management 32

Retalon

SEPTEMBER 22, 2021

Proving that choosing to implement BOPIS tangibly affects the market share a retailer has access to. 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. Better inventory management and visibility. Fuller baskets. Secure order pickup.

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41

Retalon

APRIL 21, 2021

And yet, failing to live up to consumer expectations can be just as deadly — especially when retail behemoths like Amazon are gobbling up market share. As such, initial fulfillment is only part of the puzzle for truly efficient order management. So how can retailers offer these options to consumers while lowering their costs?

Fulfillment 41

Fulfillment Drop-Shipping Shipping Returns 41

Retalon

JANUARY 20, 2014

Retalon has helped businesses plan their operations, optimize prices and markdowns, and ensure efficiency in supply chain and inventory management processes. Incorporated in 2002, Retalon’s main goal is to bring accuracy for retail businesses by predicting future market conditions. About Retalon.

Markdowns 32

Markdowns Inventory Management Accounting Promotions 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 ? There are, of course, challenges to overcome with real-world and e-commerce personalization.

Fulfillment 32

Fulfillment Customer Experience Markdowns Consumer 32

Retalon

AUGUST 16, 2019

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? There are, of course, challenges to overcome with real-world and e-commerce personalization.

Customer Experience 32

Customer Experience Fulfillment Markdowns Consumer 32

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.

Markdowns 32

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.

Markdowns 32

Markdowns Fashion Inventory Management Accounting 32

Retalon

AUGUST 20, 2019

– Ease and efficiency of taking products to market. Finding the right Retail AI and Predictive Analytics solutions can help you to plan for success in the modern retail marketplace in a variety of ways, whether your brand subscribes to bricks, clicks, or both. – Inventory management. – Inventory needs.

Fulfillment 32

Fulfillment Comparison Shopping Markdowns Promotions 32

Retalon

AUGUST 20, 2019

– Ease and efficiency of taking products to market. Finding the right Retail AI and Predictive Analytics solutions can help you to plan for success in the modern retail marketplace in a variety of ways, whether your brand subscribes to bricks, clicks, or both. – Inventory management. – Inventory needs.

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. Unifying Big Data across Forecasting, Planning, and Operations.

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). About Mi9 Retail.

Inventory Management 40

Inventory Management Management Markdowns Planning 40

Inside Retail

JUNE 20, 2023

With GenAI, marketers can create content that will resonate with a specific individual. GenAI can adapt pricing strategies and offers to customers by analysing market data, competitive pricing and consumer behaviour. It can also provide dynamic routing with adaptations to disruptions and delays and general risk management.

Markdowns 130

Markdowns Inventory Management Marketing Promotions 130

Retalon

DECEMBER 8, 2021

In today’s market, putting the right fulfillment system in place gets you a competitive edge. Many cope by using generalized approaches for allocation like category-level inventory management. Knowing demand at SKU/store level means that inventory is allocated to the customer’s closest location. Order Processing.

Merchant Services 41

Merchant Services Fulfillment Drop-Shipping Shipping 41

Retalon

AUGUST 2, 2019

Inventory levels (store, warehouse, distribution centers). Prices (markdowns, promotions, competitor prices, etc.). Unifying Big Data across Forecasting, Planning, and Operations. 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

These tools are not able to account for new products, categories, and markets, or used & exchanged items, let alone suggest accurate and tangible actions going forward. A Forrester research team surveyed retailers on what they plan to implement to support fulfillment efforts.

Promotions 32

Promotions Fulfillment Shipping 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?

Dead-Stock 32

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?

Dead-Stock 32

Dead-Stock Promotions Fulfillment Markdowns 32

Retalon

AUGUST 14, 2023

Inventory management, order fulfillment, and sales data are integrated in one centralized system instead of siloed by channel. High-revenue retailers need to meet these expectations to retain large customer bases and protect market share. Emerging technologies and customer preferences reshape the market constantly.

Markdowns 41

Markdowns Customer Experience Shopping Planning 41

Retalon

SEPTEMBER 23, 2020

Many retailers conduct basic BI using native features in their ERP (Enterprise Resource Planning) system, or by importing data directly into Microsoft Excel. While sales forecasting is the backbone of many retail planning processes — this is perhaps the biggest area of data analytics in need of an overhaul.

Accounting 47

Accounting Markdowns Management Inventory Management 47

Wiser

JULY 19, 2017

The 4 P’s; product, placement, price, and promotions are basic components of a marketing plan. In a retail setting, marketing and merchandising teams decide on the 4 P’s. Optimizing product assortment to meet customer demands with the perfect product mix will maximize market share and profits. Pricing.

Marketing 84

Marketing Promotions Markdowns Advertising 84

Retalon

SEPTEMBER 11, 2020

Often resulting in inventory distortion that lead to lost sales and costly markdowns. Traditional analytics relies too much on past sales to plan and manage inventory. For instance, many retailers run promotions while lacking integration between promotion and inventory management processes.

Fashion 41

Fashion Markdowns Promotions Accounting 41

V Count

OCTOBER 5, 2022

However, running a retail store and aiming for a higher profit margin requires not just planning but also a lot of hard work. Is there room to increase prices without pricing yourself out of the market? After that, you gradually increase the price as your market share grows. Improve your inventory visibility.

Customer Retention 52

Customer Retention Markdowns Bundled Pricing Net Profit 52