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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. 3) Scale up scenario planning. 4) Acid test accuracy. What is driving consumer returns?

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

Wiser

Ongoing challenges such as stock shortages, subpar shelf displays, and inventory issues are contributing to decreased sales and increased discounts. These operational hurdles not only impact revenue streams but also affect customer satisfaction levels, highlighting the importance of streamlined inventory management practices.

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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. Price Optimization is for all Retailers. Pricing optimization is a misunderstood AI technology, as it is often confused with dynamic pricing. Practical Benefits of AI in Grocery.

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

Retail TouchPoints

AI-powered data solutions specifically related to pricing optimization, inventory management and advanced demand forecasting for major retailers. David Barach is Senior Director, Solutions Strategy at Antuit.ai, a Zebra Technologies Company. Barach guides development and customer deployment of antuit.ai

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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. 3) Scale up scenario planning. 4) Acid test accuracy. What is driving consumer returns?

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5 Killer Ecommerce Pricing Strategies for Max Profits (2023)

Retalon

Ready to master the art and science of profitable online retail pricing? Understanding the Basics of Ecommerce Pricing Strategies Before looking at specific tactics and tools, we need to cover some ecommerce pricing fundamentals. Inelastic demand for a higher-priced product can lead to excess inventory accumulating.

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Ideoclick Expands Advertising Expertise to Instacart, Walmart and Target

Retail TouchPoints

Other benefits of the platform include: Ability to measure share of search on Amazon : Brands can use Ideoclick’s flagship methodology to compare with peers on percentage of estimated traffic, star ratings, review counts, price points and more for chosen search terms; Holistic “one-stop-shop” management: Ideoclick strategists can help companies build (..)