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Does Procurement Play a Role in Retail Recovery?

Retail TouchPoints

But through this disruption, retailers began to see that their procurement process is in many ways the linchpin for maximizing revenue and reducing spend as the economy recovers post-pandemic. Specifically, procurement can help retailers optimize their spending on goods and services that are NOT for resale, also known as GNFR.

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5 Technologies Shaping the Future of Labeling

Star Miconics

Today, labels are interactive, data-rich tools that enable unprecedented levels of communication between merchants, products, and consumers. For instance, labels with embedded sensors can provide data to restaurant managers about the storage conditions of perishable goods or help retailers authenticate products to combat counterfeiting.

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What is Artificial Intelligence, and How Does it Impact Your Point-of-Sale?

Star Miconics

On top of that, the companies that use AI for marketing and other purposes consistently outperform those that do not. In fact, a recent blog posted by Techjury revealed that the AI market is projected to grow at CAGR of 38.0% These reports provide managers and owners with information that uncovers deeper insights.

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12 Best Ecommerce Platforms and Software for Your Online Store

Small Biz Trends

Besides having a brick-and-mortar shop, going online to offer your products and services comes with lots of opportunities for your business. An eCommerce platform is a software application that helps businesses sell products and services online. Top 12 Ecommerce Software Options for Small Business.