Retail TouchPoints

NOVEMBER 17, 2023

Shipping delays and stockouts lead to frustration and disappointment, especially when logistical problems impact time-sensitive purchases, such as special occasion gifts, event tickets or prescription medications. In manufacturing, product substitution can be a valuable tool for optimizing inventory management.

Customer Experience 255

Customer Experience Inventory Management Fulfillment Inventory Turnover 255

Retail Focus

AUGUST 8, 2023

Order Fulfillment When outsourcing, retailers can benefit from streamlined inventory management, order processing, and shipping. Digital Marketing and SEO To thrive in a competitive retail landscape, your business needs a strong online presence.

Loss Prevention 130

Loss Prevention Inventory Management Inventory Turnover Shrinkage 130

Retail TouchPoints

APRIL 25, 2022

Sales-to-inventory forecasting not only determines sales numbers but also informs other business decisions, ranging from hiring and resource management to marketing decisions and inventory and shipping procedures. Navigating the Dynamic and Evolving Shipping Industry.

Supply Chain Management 307

Supply Chain Management Inventory Management Shipping Management 307

Retail TouchPoints

DECEMBER 5, 2022

Party City has been faced with both challenges that are affecting retail in general — such as inflation and higher shipping costs — and those that are unique to its business, such as a helium shortage. The retailer had about $121.5 billion in debt. However, the retailer is still struggling on the sales side. Net sales were down 1.6%

Inventory Management 296

Inventory Management Shipping Management Marketing 296

Retail TouchPoints

JUNE 6, 2023

While that’s attractive marketing fodder for retail CMOs who want to appeal to environmentally minded consumers, CFOs will appreciate the potential profitability of selling an article of clothing not just once but twice or more in the circular economy. Opportunity #1: Cost-efficient inventory management.

Merchant Services 268

Merchant Services Inventory Management Shipping Consumer 268

Inside Retail

MARCH 7, 2024

Our 2024 report features C-level executives with decades of leadership experience, alongside start-up founders and digital specialists with a wide range of skills, from marketing to logistics. It’s been a gamechanger, not only for our end-mile and fulfilment but also for my approach to inventory management, customer support and data.

Fulfillment 249

Fulfillment Shipping Returns Inventory Management 249

Inside Retail

JANUARY 11, 2022

Retailers are now investing significant resources into logistics, deploying the latest inventory management systems, automating warehouses and hiring hundreds of hardworking staff in an effort to pick, pack and ship online orders as quickly as possible. Using this stock to fulfil online orders is known as ship-from-store. .

Fulfillment 200

Fulfillment Shipping Inventory Management Location 200

Retail TouchPoints

FEBRUARY 17, 2022

Chico’s FAS has entered a strategic partnership with solution provider fabric to improve its speed-to-market for initiatives designed to accelerate growth. Chico’s will leverage fabric’s technology, including omnichannel order management and inventory systems, to power its commerce offerings across the entire company.

Social Commerce 273

Social Commerce Inventory Management Boutique Shipping 273

Retail TouchPoints

OCTOBER 6, 2023

Accurate demand forecasting is the bedrock of efficient inventory management — a vital logistics function that should be operating at peak performance levels during the holiday shopping season when consumers expect the inventory they want to be available. 3: Order accuracy. Peak season is not forgiving of errors.

Fulfillment 291

Fulfillment Returns Shipping Promotions 291

Retail TouchPoints

SEPTEMBER 23, 2022

In internal fulfillment, the business handles the complete process of storing, packing and shipping. The company must have a warehouse to keep its inventory, and a logistics team to manage the goods for storing, ordering and shipping directly to stores/distributors or customers. Also, packaging can be fully customizable.

Fulfillment 317

Fulfillment Shipping Inventory Management Management 317

Bindo

JULY 18, 2017

TOP 6 INVENTORY MANAGEMENT TIPS THAT GIVE AMAZING RESULTS. Inventory management is all about getting the balance right; making sure you offer the right selection of products and services to the right customers while committing minimized cash and costs. The need for cycle counting is integral in order to manage inventory.

Inventory Management 40

Inventory Management Management Planning Shipping 40

Retail TouchPoints

JANUARY 20, 2022

Those disruptions, and their ripple effects on shipping, distribution and warehousing, are expected to continue for months to come and into 2022, meaning that decentralization will remain a core strategy for ensuring business continuity. Vishal Patel is VP of Product Marketing and Technology at Ivalua.

Merchant Services 251

Merchant Services Clienteling Shipping Inventory Management 251

Inside Retail

NOVEMBER 6, 2023

Fluent Big Inventory has been developed for this purpose and is the only product of its kind on the market today. By extending extra expected delivery times by a day or two, retailers can help reduce complaints or disappointment caused by shipping delays or delivery mistakes.

Shipping 130

Shipping Fulfillment Inventory Management Customer Experience 130

Retail TouchPoints

JUNE 26, 2023

A number of major retailers have had some form of adoption because of its ability to materially improve inventory management, but it hasn’t offered the same benefit to the customer experience. It had tremendous benefits because it put the product in the right place at the right time, increasing full-price sales.

Merchant Services 277

Merchant Services Inventory Management Grocer Customer Experience 277

Inside Retail

FEBRUARY 26, 2024

There was good news in January when the Consumer Price Index slowed to the lowest rate in two years; however, experts recognise that the most volatile factors, such as rental rates and energy markets, remain the biggest drivers. This instability, together with increased gas and energy prices, has affected shipping costs.

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

Retail TouchPoints

JULY 22, 2022

Here’s the evidence: The rise of branded podcasts (stay tuned for additional coverage on this BTW); An explosion of shoppable content initiatives; The ongoing refinement of influencer marketing strategies, including increased repurposing of this custom content across other platforms; and An ever-growing slate of social commerce functionality.

Social Commerce 305

Social Commerce Inventory Management Fulfillment Shipping 305

Retail TouchPoints

JANUARY 3, 2024

In the rapidly expanding ecommerce market, projected to reach $3 billion in 2023, a significant 20% to 30% of online purchases end up being returned. Then there’s the hassle of printing a return label, carefully repackaging the dress and taking time out of her busy day to drop it off at a shipping location.

Returns 274

Returns Drop-Shipping Customer Experience Customer Retention 274

Inside Retail

JANUARY 12, 2022

Due to ongoing disruption, some retailers have adopted a “just in case” inventory management system for their imports as opposed to a “just in time” method, according to Sheerin. Meanwhile, many others are opting for more airfreighting of products, although this is costly.

Supermarket 246

Supermarket Shipping Inventory Management Returns 246

Retail TouchPoints

OCTOBER 27, 2021

Turnkey commerce and logistics solutions, including enterprise-grade inventory management tools to support high-volume selling, integrated shipping, third-party logistics integration support with partners such as CommerceHub and dedicated customer success teams. ”

Clienteling 147

Clienteling Drop-Shipping Inventory Management Shipping 147

Retail TouchPoints

JULY 26, 2021

Building an online presence starts with a well-designed website supported by an effective digital marketing plan. Digital Marketing. While you are no doubt familiar with brand marketing, online customer acquisition is a whole different animal. Wholesalers are used to shipping pallets and containers from one warehouse to another.

Wholesale 278

Wholesale Payment Services Fulfillment Returns 278

Inside Retail

MARCH 7, 2024

Despite a slight dip in 2020, the global apparel market is set to grow to about US$2 trillion by 2028, from US$1.79 Locally, women’s apparel represents the largest segment with an estimated market volume of US$11.86 billion; the men’s apparel market is about half of that, worth US$6.35 billion apparel industry in Australia.

Boutique 130

Boutique Apparel Fashion Wholesale 130

Retail Minded

APRIL 2, 2024

Content Marketing Agencies Once you’ve established trust between you and your customers, and made some analytics on what their preferences are, comes the time to create engaging content. That’s where content marketing agencies can help you. That’s where content marketing agencies step in. Well, it’s fairly simple.

Shipping 52

Shipping Fulfillment Inventory Management Marketing 52

365 Retail

JANUARY 17, 2024

Previously, such fulfilment outsourcing hasn’t always been deemed practical or achievable for SME retailers on scale-up journeys because the market had tended to cater more for high volume output businesses. For a fast-growing furniture business, ensuring reliable shipping is crucial. Learn more about shipping options at UPakWeShip.

Shipping 52

Shipping Inventory Management Fulfillment Supply Chain Management 52

Inside Retail

JANUARY 25, 2022

E-commerce order fulfilment specialists, SKUtopia, are further extending their Australian leadership by working with Swisslog to introduce an automated Micro-Fulfillment Centre (MFC) in Sydney, which mirrors similar systems used in world-leading e-commerce markets, including the US.

Fulfillment 130

Fulfillment Shipping Inventory Management Management 130

Retail TouchPoints

NOVEMBER 18, 2021

With potentially fewer items available on the shelves this year and shipping timelines longer than ever before, retailers must be able to identify where items are located at a given moment, at the right price. Ashish Sahu is Head of Product and Solution Marketing at Redis. Expect the Unexpected.

Supply Chain Management 253

Supply Chain Management Fulfillment Shipping Inventory Management 253

Rain Pros

AUGUST 18, 2023

It has intensified competition by making it easier to enter the market, offering more choices for consumers and making it easier to make informed choices and demand better value for money. The eCommerce Revolution in Retail The retail landscape constantly evolves, and the days of solely selling or making purchases in person are long gone.

Payment Services 52

Payment Services Drop-Shipping Shipping Inventory Management 52

Rain Pros

AUGUST 18, 2023

It has intensified competition by making it easier to enter the market, offering more choices for consumers and making it easier to make informed choices and demand better value for money. The eCommerce Revolution in Retail The retail landscape constantly evolves, and the days of solely selling or making purchases in person are long gone.

Payment Services 52

Payment Services Drop-Shipping Shipping Inventory Management 52

Retail TouchPoints

APRIL 26, 2022

Foxtrot is taking its own approach to the rapid delivery market by embracing a fully omnichannel operation. RTP: How does Foxtrot set itself apart from other companies in the rapid delivery market? What really matters, and what drives us, is an obsession around merchandising, and finding the best products for our customers.

Payment Services 261

Payment Services Drop-Shipping Shipping Inventory Management 261

Retail TouchPoints

DECEMBER 28, 2022

The ever-changing retail market has made automation a necessity. According to recent research, the global warehouse automation market is estimated to grow at a CAGR of 14%, reaching $30 billion by 2026. Drones: Leveraging drones for shipping and delivery fulfillment came to attention when Amazon revealed their ‘Octocopter’ in 2013.

Management 276

Management Fulfillment Drop-Shipping Employee Engagement 276

Retail TouchPoints

MARCH 9, 2022

It’s those retailers that can most quickly and accurately react to these turbulent market forces and behaviors that are creating the most innovative and positive customer experiences. This is problematic because customer data should guide a majority of business decisions including marketing, inventory management, merchandising and more.

Store Layout 303

Store Layout Customer Experience Inventory Management Marketing 303

Retail Bound

FEBRUARY 21, 2022

Reduced Shipping Costs and Time-To-Customer. Currently, Amazon can ship to 72% of the US population in just a day. Since customers are highly influenced by delivery timelines and shipping costs, working with a 3PL with strategically located distribution centers can give your business competitive delivery and cost options.

Shipping 98

Shipping Fulfillment Inventory Management Wholesale 98

Retail TouchPoints

FEBRUARY 10, 2022

million on inventory management solutions; $1.2 Where our model in the past has been historically a brick-and-mortar one, now it’s really about becoming a multi-dimensional platform for health and wellness and the market leader. We also launched a new system, Relex , for inventory management. That’s our goal.

Inventory Management 314

Inventory Management Beauty and Health Management Planning 314

Retail TouchPoints

NOVEMBER 28, 2023

(Photo courtesy PersonalizationMall) “November and December typically end up being 3X to 4X the volume of all our other months, so our business is very highly concentrated in that period,” said Jeff Chun, the company’s VP of Marketing, who has been with PersonalizationMall for 20 of its 25 years in business.

Payment Services 248

Payment Services Shipping Marketing Inventory Management 248

Retail TouchPoints

OCTOBER 6, 2022

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces.

Merchant Services 265

Merchant Services Payment Services Promotions Location 265

Retail TouchPoints

JULY 14, 2021

“If both parties began looking at a variety of data sets, but through the same lens, there would be much more strategic alignment and much less of a disconnect visible in inventory management,” noted Melissa Minkow, Retail Industry Lead at CI&T in an interview with Retail TouchPoints. Why is this such an issue for both parties?

Inventory Management 264

Inventory Management Grocer Consumer Planning 264

Retail TouchPoints

JANUARY 13, 2023

A recent report by GWI, a consumer insights company, stated that the secondhand market is expected to double to $82 billion by 2026 in the U.S. Many brands rely on user-generated content (UGC) as part of their marketing strategy. Proper inventory management and trend analysis help to forecast supply and demand.

Returns 279

Returns Consumer Inventory Management Customer Experience 279

Retail TouchPoints

MAY 18, 2021

However, taking advantage of this growing market isn’t easy, with higher churn rates making it difficult for brands to cover acquisition costs and scale revenues. It requires close attention to the entire journey, from growing awareness of the subscription offering to managing recurring orders. Incorporate Personalization Technology.

Merchant Services 150

Merchant Services Shipping Promotions Payment Services 150