Retail TouchPoints

JUNE 2, 2023

Smart retailers are realizing that their increasingly complex omnichannel offerings have made strong supply chain management more important than ever. Retailers need to handle inventory in stores and distribution centers, keep an eye on both digital and physical shelves and keep costs down with efficient logistics and routing.

Inventory Management

Retail TouchPoints

OCTOBER 28, 2022

CRM modules can also help you manage customer complaints and returns more efficiently as well as track the success of marketing campaigns, making sure future ones achieve even greater success. Demand forecasting can therefore help you maximize sales, reduce inventory carrying costs, and positively impact your bottom line.

Supply Chain Management

Independent Retailer

AUGUST 1, 2022

Retailers had to revolutionize inventory and planning when the pandemic hit, and many businesses are still finding their feet in the post-pandemic economy. As manufacturing and supply chain disruption increases, retailers must optimize inventory management to give customers a better experience. years, on average.

Inventory Management

M19 Retail

OCTOBER 11, 2024

Why Your Supply Chain Management System Depends on the Right Retail Inventory Management Software In today’s complex retail environment, managing a supply chain management system is no small feat.

Supply Chain Management

Inside Retail

SEPTEMBER 3, 2024

Inventory management Predictive analytics: This helps optimise your stock levels, preventing overstocking and stockouts. AI can identify the fastest retrieval routes, automate markdown processes, and provide real-time inventory insights, ultimately improving your margins.

Loss Prevention

Retail TouchPoints

SEPTEMBER 18, 2023

Here’s a look at how Amazon is moving even further away from the domain of retailer with the debut of new services in supply chain management, shipping, banking, market research, product development, inventory management and more.

Payment Services

Retail Focus

SEPTEMBER 7, 2021

Supply chains must be agile enough to cope with unexpected gaps in workforces, which involves two levels of contingency planning. The first affects stock inventory management. The most efficient and effective supply chains embrace uncertainty – something that’s turbocharged during planning for peak.

Supply Chain Management

Retail TouchPoints

JULY 22, 2024

Additionally, an FMS stands out with advanced technology utilization, including AI, machine learning, automation, optimizing picking routes, inventory management and predictive analytics beyond traditional WMS capabilities.

Fulfillment

Inside Retail

DECEMBER 21, 2022

So how can retailers be proactive in their inventory placement to avoid compromising top-line growth and customer satisfaction? With inventory availability being one of the top priorities for shoppers this holiday season, retailers must leverage their inventory management and customer experience tools to optimise their merchandise strategies.

Supply Chain Management

365 Retail

DECEMBER 8, 2021

Many small to medium-sized retailers often think that in order to grow they’ll need to make large-scale investments into robust stock inventory management systems to meet demand effectively. With the right solution, and support, they don’t need to be supply chain experts to do this. The power of automation .

Inventory Management

Inside Retail

JANUARY 30, 2024

This collaboration results in an enriched suite of logistics and supply chain services, encompassing not just warehousing and inventory management, but also comprehensive transportation and last-mile delivery solutions,” he added.

Merchant Services

365 Retail

JUNE 8, 2022

But with great gains come great returns. Significant revenue gets lost when mass quantities of orders are returned, leaving retailers with a ton of inventory that is then discounted, liquidated, or even thrown out. Here, we outline five fundamental approaches to building an efficient returns strategy to recoup at-risk revenue.

Returns

I Vend

DECEMBER 10, 2023

Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail. So inventory management is essential. Retail technology can streamline inventory management by enabling retailers to accurately track goods from delivery to sale through to returns.

Shrinkage

Inside Retail

APRIL 25, 2023

This can be seen by the adoption of QR codes – the use of which accelerated amid Covid-19 restrictions – self checkout in supermarkets and autonomous mobile robots, which are being utilised by major retailers for (among other things) logistical, supply chain and other inventory management tasks.

Shopping

I Vend

AUGUST 13, 2023

They put customer requirements at the heart of store operations – whether that’s merchandise, functionality online store functionality, omnichannel retail transactions, returns policy, payment options, in-store service, or tailored loyalty programs. So the first common feature we see in successful retailers is their customer-centricity.

Payment Services

RETAIL MANAGEMENT SOFTWARE

OCTOBER 8, 2024

A single point of failure can disrupt the entire supply chain. Inventory Management: Retailers often struggle with balancing sufficient inventory to meet demand while avoiding excess stock, which can lead to increased carrying costs and potential markdowns. Strategies to Overcome Supply Chain Challenges 1.

Supply Chain Management

A1 Retail

SEPTEMBER 4, 2023

Part of Reconomy, a leading provider of tech-enabled solutions for the circular economy, Advanced Supply Chain (ASC) delivers a range of supply chain services for leading retailers and consumer brands.

Supply Chain Management

I Vend

SEPTEMBER 14, 2023

We’ve looked at the importance of a customer-centric approach, data-based decisions, omnichannel, supply chain management and your team. Read more In the tough and highly competitive world that is retail, retailers need smart competitive strategies to ensure that they succeed and win in the race for customer spend and loyalty.

Payment Services

365 Retail

SEPTEMBER 7, 2021

Supply chains must be agile enough to cope with unexpected gaps in workforces, which involves two levels of contingency planning. The first affects stock inventory management. The most efficient and effective supply chains embrace uncertainty – something that’s turbocharged during planning for peak.

Supply Chain Management

Retail Gazette

AUGUST 18, 2023

Part of Reconomy, a leading provider of tech-enabled solutions for the circular economy, ASC delivers a range of supply chain services for leading retailers and consumer brands. We develop bespoke supply chain management software, solutions, and strategies to improve the efficiencies and effectiveness of stock inventory management.

Supply Chain Management

I Vend

AUGUST 12, 2024

POS’ domain is front of house operations – enabling customer transactions, processing payments, and capturing real-time information about sales, returns and exchanges from multiple channels. The ERP system gives retailers oversight of their business , empowering them to manage resources effectively and make informed decisions.

Payment Services

Wiser

JUNE 13, 2024

If your inventory management isn’t up to par and your products frequently go out of stock, your share of search will suffer. Incorrect product descriptions could set the wrong expectations and could end up in product returns and result in negative reviews.

Inventory Management

Retail Minded

DECEMBER 12, 2024

Recent events have highlighted the critical need for robust supply chain management. In today’s rapidly changing retail landscape, the ability to adapt to supply chain disruptions has become more vital than ever. Understanding and preparing for these disruptions is crucial to maintaining business continuity.

Supply Chain Management

M19 Retail

FEBRUARY 7, 2025

Whether you run a boutique retail shop or manage an enterprise level operation, finding the right technology to handle your Point of Sale (POS), inventory control, and merchandising planning is critical. But as your business grows, so do the complexities of supply chain management, financial audits, and scalability.

Supply Chain Management

Retalon

MAY 17, 2024

While nearly three-quarters of all retailers still rely on simple, and consequently limited, tools such as Excel spreadsheets, the integration of AI-driven technologies in supply chain management is revolutionizing how demand forecasting for forward-thinking retailers. What is supply chain demand forecasting?

Supply Chain Management

RETAIL MANAGEMENT SOFTWARE

AUGUST 26, 2024

A Pet Shop Management System is an integrated software solution designed to manage the unique aspects of running a pet store. This system typically includes features such as inventory management, sales processing, customer relationship management (CRM), employee scheduling, and financial reporting.

Payment Services

A1 Retail

MARCH 18, 2022

These trends are unlikely to affect just the sale of products and goods being sent to shoppers – we’re also likely to see an increase in products going back into supply chains. As a result of these changing consumer behaviours, 57% of retailers think they’ll face a higher volume of returns in 2022. 1) Think data-first.

Management

Retail Minded

JANUARY 1, 2024

This strategy is critically important to streamline stock management and avoid carrying excess inventory into the next year – a problem that plagues the majority of supply chain managers. SKU rationalization is often a complex and error-prone process for retailers.

Supply Chain Management

365 Retail

JANUARY 17, 2024

Have a customer-friendly returns policy and invest in sturdy packaging. Optimize inventory management, maintain excellent customer support, and continuously monitor and improve the shipping process for enhanced customer satisfaction. Implement real-time tracking, flexible shipping options, and insurance.

Shipping

365 Retail

JULY 19, 2022

Meanwhile, others are returning to a more traditional wholesale approach to increase their visibility in the eyes of consumers. It takes investment, put towards everything from logistics and supply chain management, to creating great customer experiences and hiring the necessary talent.

Consumer

RETAIL MANAGEMENT SOFTWARE

OCTOBER 22, 2020

From web order fulfillment to supply chain management, it’s imperative to be competitive. The company’s return policy is also very flexible, which helps the company to build customer confidence. This flexible policy is also there with Joss & Main.

Payment Services

Storis

MAY 29, 2024

Dropshipping is a supply chain management practice where retailers sell merchandise they do not own or stock in their warehouses. It is important to review how the manufacturer will handle logistical challenges or reverse logistics for returns, as the impact will reside with your retail brand.

Home Furnishings

365 Retail

NOVEMBER 13, 2023

Another instance is back-to-school shopping when children return to the classroom after summer. Optimising Inventory Levels Careful inventory management is vital during peak seasons. The combination of AI and POS systems is becoming popular, as it can provide actionable stock management data.

Inventory Management

365 Retail

SEPTEMBER 1, 2024

Retailers with the correct tools may examine buying habits, project future directions, maximise inventory control, and even enhance supply chain management. Big Data Optimising Inventory Management Any retail establishment depends on good inventory control.

Target Market

I Love Fashion

JANUARY 19, 2023

Pros Cons Stores hundreds of products styles, & premium products Allows providing samples, small and large bundles of 3 items Allows bulk discount, shipping time, and ways variations Has no minimum order and fulfills orders placed before noon PST within a day Doesn’t accept returns without prior approval 2.

Wholesale

Retalon

JULY 30, 2019

The report quotes Robert Hetu, VP Analyst at Gartner, who says: “Costly levers such as same-day delivery, free shipping, and free returns are annihilating any gains in revenue, leaving retailers in the red.”. Inventory Management Challenges.

Fulfillment

Inside Retail

FEBRUARY 10, 2025

Faster cost savings: Why retailers are embracing offshoring With margins tightening, combined with a shortage of skilled staff, offshoring is emerging as a fast and cost-effective solution for retailers that can’t afford to wait years for a return on investment.

Inventory Turnover