Retail TouchPoints

MARCH 17, 2023

Mattress retail conglomerate Serta Simmons Bedding (SSB) — the owner of brands including Serta , Simmons , Beautyrest and Tuft & Needle — is working to transform its supply chain planning capabilities through a new partnership with Blue Yonder.

Planning 220

Planning Inventory Management Management ATS 220

Independent Retailer

DECEMBER 23, 2022

This is why inventory management is key, especially as retailers look to deal with unsold merchandise after the holidays. “Seemingly overnight, shortages are flipping to inventory surpluses in certain categories. Donate Excess Inventory. Adopt a Probabilistic Model of Inventory Management.

Inventory Management 76

Inventory Management Wholesale Management Markdowns 76

Independent Retailer

AUGUST 1, 2022

Next-generation analytical and planning tools interpret vast volumes of data so that retailers can predict and react to disruptions before they affect inventory levels. Retailers had to revolutionize inventory and planning when the pandemic hit, and many businesses are still finding their feet in the post-pandemic economy.

Inventory Management 69

Inventory Management Management Inventory Turnover Supply Chain Management 69

Retail Minded

MAY 3, 2023

Retailers know that inventory management is time-consuming and can pose difficulties. Thanks to technology-enabled best practices, managing inventory is easier than ever. You can optimize inventory management and drive business results, whether you’re a small retailer or a large chain.

Inventory Management 52

Inventory Management Management Fulfillment Inventory Turnover 52

Retail Smart Guys

DECEMBER 11, 2022

Facts about Inventory Management. The retail industry is constantly changing, and inventory management gives a better understanding of this inconsistent landscape. Most importantly, as a public company, documenting your inventory and management processes fulfills the requirement of concerned government agencies.

Inventory Management 52

Inventory Management Management Markdowns Fulfillment 52

RETAIL MANAGEMENT SOFTWARE

MARCH 11, 2022

Do you know how to manage your inventory as effectively as possible? What are the inventory management best practices? If you can’t answer these questions, it’s time to reconsider how you manage your inventory. Plan before buying your inventory- Use your data to determine what you should order.

Inventory Management 92

Inventory Management Management Inventory Turnover Drop-Shipping 92

DMS Retail

OCTOBER 1, 2021

In this new Inventory Management Workshop ONLINE , you’ll get the benefit of a comprehensive program which covers all aspects of the Buying, Inventory Control and Category Management functions as well as Online and Digital Marketing, and much more. Assortment Planning. What is Assortment Planning?,

Inventory Management 59

Inventory Management Management Space Planning Planning 59

DMS Retail

AUGUST 5, 2021

In this brand new Inventory Management Workshop ONLINE , you’ll get the benefit of a comprehensive program which covers all aspects of the Buying, Inventory Control and Category Management functions as well as Online and Digital Marketing, and much more. Assortment Planning. What is Assortment Planning?,

Inventory Management 59

Inventory Management Management Space Planning Planning 59

Retail Smart Guys

OCTOBER 18, 2022

Every retailer aims to have solid inventory planning. Finding the right balance is possible with an open-to-buy plan (OTB). billion due to inventory imbalance. Hence, it is vital to deal with inventory management dilemmas by utilizing an open-to-buy plan to keep a positive business cash flow.

Inventory Management 52

Inventory Management Management Planning Location 52

Retalon

AUGUST 14, 2023

Nearly 70% of retailers face challenges managing inventory due to relying on legacy processes. For executives in planning and merchandising roles, this leads to sleepless nights and the nagging feeling there must be a better way. Furniture inventory management software offers a smarter solution.

Inventory Management 41

Inventory Management Management Dead-Stock Inventory Turnover 41

Retail TouchPoints

JULY 13, 2020

Inventory management starts — and only starts — with a warehouse management system (WMS). In practice, most out-of-box WMSs are not capable of managing the volume and complexity of workloads required in today’s retail environment. Theoretically. Set Default Levels Using Demand Prediction.

Inventory Management 146

Inventory Management Management Promotions Customer Experience 146

Retail TouchPoints

JANUARY 15, 2024

Nvidia surveyed more than 400 retail professionals at all organizational levels and found that while AI adoption is still in its early stages, more than 60% of respondents are planning to boost their AI investments in the next 18 months. But many of these tasks may just represent the low-hanging AI fruit.

Loss Prevention 306

Loss Prevention Planning Customer Experience Inventory Management 306

Retail Dive

FEBRUARY 21, 2023

Retail brands must rewrite their DTC inventory fulfillment strategy for “visibility first”

Inventory Management 98

Inventory Management Management Planning Fulfillment 98

Retail TouchPoints

JANUARY 11, 2022

The retailer plans to open two stores in Austin, Texas this year, and also will enter the New York, Nashville and Miami markets in 2023 and beyond while continuing to expand in existing cities. “As The company also will look for hires who can further develop Perks, its loyalty program.

Planning 248

Planning Inventory Management Location Marketing 248

Shopify

DECEMBER 8, 2023

Inventory planning helps retailers optimize their inventory management systems to ensure they have enough stock on hand while minimizing costs.

Planning 52

Planning Inventory Management Management 52

Retail TouchPoints

JANUARY 30, 2023

As such, the store itself features a “completely reimagined” layout and inventory management system developed to enable “accurate and affordable grocery pickup in minutes.” Consumers purchase groceries through the Addie’s app or website and then choose a pickup window.

Grocer 312

Grocer Planning Supermarket Inventory Management 312

Retail TouchPoints

SEPTEMBER 1, 2023

New inventory management systems, among other tools, will support more accurate decision-making and efficiency, so the retailer can cater to customers’ unique needs. JCPenney’s “Make it Count” customer strategy and brand proposition is the centerpiece of the turnaround plan. Merchandising and supply chain optimization.

Planning 218

Planning Merchant Services Inventory Management Consumer 218

Retail TouchPoints

FEBRUARY 15, 2024

That same month the retailer deployed a solution from TradeBeyond designed to help improve its inventory management, merchandising and vendor compliance. In November 2023 Party City launched its digital party-planning marketplace, Party+ Marketplace, developed in partnership with Mirakl.

Inventory Management 246

Inventory Management Planning Management ATS 246

Retalon

FEBRUARY 1, 2019

Boston Retail Partners (BRP) conducted the 2018 Integrated Planning & Inventory Management Survey sponsored by Retalon. This Special Report addendum explore the current state of retail planning and identify and understand retailers’ priorities as they strive to meet the needs and demands of today’s consumers.

Inventory Management 32

Inventory Management Management Planning Consumer 32

Retail TouchPoints

OCTOBER 25, 2023

Part of that transformation has included the implementation of supply chain solution TradeBeyond , which is helping Party City improve efficiencies across inventory management , end-to-end merchandising and vendor compliance. Party City plans to roll out additional capabilities over the coming months.

Inventory Management 245

Inventory Management Management Planning ATS 245

Retalon

FEBRUARY 1, 2019

Boston Retail Partners (BRP) conducted the 2018 Integrated Planning & Inventory Management Survey sponsored by Retalon to explore the current state of retail planning and identify and understand retailers’ priorities as they strive to meet the needs and demands of today’s consumers.

Inventory Management 32

Inventory Management Management Planning Consumer 32

Retail Smart Guys

NOVEMBER 3, 2023

Timing is Everything: When to Begin Inventory Planning Inventory planning is the backbone of successful retail operations. While the specifics of inventory planning can vary from one retailer to another, one thing remains constant – timing is everything. These can affect product costs and availability.

Planning 52

Planning Inventory Management Promotions Shipping 52

Retail TouchPoints

JANUARY 28, 2021

French ready-to-wear brand Zadig & Voltaire has centralized inventory planning and purchasing processes across its brick-and-mortar and digital channels with the deployment of allocation, replenishment and buying solutions from Aptos. in addition to its website.

Planning 200

Planning Point of Sale Fashion Location 200

Inside Retail

SEPTEMBER 21, 2021

It has already acquired several e-commerce businesses in Australia, where it plans to focus its efforts. Because we manage a portfolio of a large number of brands, we are able to spot things that are working successfully in one part of the portfolio and then very rapidly roll them out across all the rest of the brands,” he said.

Planning 246

Planning Inventory Management Outdoor Finance 246

Retail TouchPoints

FEBRUARY 17, 2021

Standard Cognition has a raised $150 million in a Series C funding round led by SoftBank Vision Fund 2, with participation from existing investors CRV, EQT Ventures and TI Platform Management and new investors including SK Networks.

Checkout 147

Checkout Planning Inventory Management Management 147

Retail TouchPoints

JULY 29, 2020

“The first prong is data modernization, because every system and everything in the digital world relies on data governance, data management and data trustworthiness,” she said. “We The second prong was replacing foundational systems, such as the company’s legacy enterprise resource planning (ERP) system. “It

Planning 266

Planning Wholesale Customer Experience Store Operations 266

Inside Retail

FEBRUARY 8, 2024

Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. Over the last five years as CEO, King has been enacting his ‘customer-first plan’ which has re-established Myer as Australia’s 8th most trusted brand, according to Roy Morgan.

Department Stores 264

Department Stores Inventory Management Planning Returns 264

Retail TouchPoints

NOVEMBER 17, 2023

In manufacturing, product substitution can be a valuable tool for optimizing inventory management. Streamlined inventory management: Leaner inventories reduce holding costs; however, retailers must be resourceful when planning for product availability.

Customer Experience 245

Customer Experience Inventory Management Fulfillment Inventory Turnover 245

Retail TouchPoints

NOVEMBER 30, 2022

AWS Supply Chain then contextualizes that information in a real-time visual map highlighting current inventory selection and quantity at each location, with the goal of providing inventory managers, demand planners and supply chain leaders with machine learning-generated insights for dealing with potential inventory shortages or delays.

Supply Chain Management 253

Supply Chain Management Inventory Management Location Management 253

Inside Retail

FEBRUARY 25, 2024

Among consumer and retail sector respondents, 66 per cent said their organisations were most likely to apply generative AI in analysing customer data and creating personalised recommendations; 64 per cent will use it for trend analysis/predictive analysis for inventory management; and 40 per cent envision it helping them set competitive prices.

Inventory Management 246

Inventory Management Management Consumer Planning 246

Retail TouchPoints

JANUARY 13, 2023

Lululemon is in the process of rolling out a cloud-based RFID inventory management solution to its 600+ stores globally that will help the retailer optimize its in-store product assortments.

Inventory Management 261

Inventory Management Fulfillment Planning Management 261

Retail TouchPoints

FEBRUARY 17, 2022

The company also has a partnership with ZOZO Corporation, operator of the fashion shopping site ZOZOTOWN , to collaborate on apparel manufacturing and inventory management. We expect to integrate everything from product planning to procurement on the PLM system.”.

Inventory Management 264

Inventory Management Fashion Apparel Planning 264

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. Management becomes much more efficient and errors are reduced.

Inventory Management 40

Inventory Management Management Planning Shipping 40

Retail TouchPoints

JUNE 10, 2022

Dollar General already has self-checkout kiosks in 8,000 of its 18,000 stores and plans to increase that number to 11,000 by the end of this year. Now, Owens said the company also plans to begin testing a 100% self-checkout store format across 200 locations this year.

Checkout 269

Checkout Location Kiosk ATS 269

Bindo

APRIL 13, 2017

Why Is Inventory Management Important. Inventory management remains the cornerstone of successful retail. Experienced retailers understand the importance of metrics taken from inventory management. Inventory management helps take the guesswork out and place retail products in the store correctly.

Inventory Management 40

Inventory Management Management Location Promotions 40

Retail TouchPoints

AUGUST 12, 2022

The fresh grocery platform will assist with demand forecasting, in-store production planning, food traceability, recipe management and cut test management across all fresh departments. Weis Markets will streamline operations at its 198 stores through a partnership with Invafresh.

Store Operations 184

Store Operations Marketing Inventory Management Grocer 184

Retail TouchPoints

SEPTEMBER 7, 2022

In discussions about the company’s longer-term plans, it was important to us as a board to assure our stakeholders that Brian intends to stay in his role beyond the traditional retirement age of 65 ,” said Monica Lozano, Lead Independent Director of Target’s Board of Directors.

Inventory Management 273

Inventory Management Planning Management 273