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Black Friday 2024: Why automation is critical for Australian retailers

Inside Retail

Building a future-proof tech stack To survive and thrive during Black Friday, retailers must invest in tech solutions that integrate seamlessly with their current systems – inventory management, CRMs, and shipping tools. Thought Starter: Is your business ready to integrate AI and automation into your Black Friday strategy?

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Tariffs, Trade and Turmoil: Strategies for a Resilient Supply Chain

Retail TouchPoints

Build a Resilient High-Performing Supply Chain Intelligent supply chain management systems empower organizations to proactively mitigate risks, optimize resources and drive efficiency through methodologies and technology. Companies that fail to think proactively risk being left behind.

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How retail COOs are pursuing a seamless supply chain

Inside Retail

For David Ibanez, operations manager of Australian apparel retailer Showpo, the main driver in supply-chain management is all about reducing costs and making it more efficient.

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Why Retailers Need a Centralized Database for Business Efficiency and Growth

RETAIL MANAGEMENT SOFTWARE

Rather than having fragmented or isolated data across different stores, warehouses, or sales channels, a centralized database ensures that every bit of information—such as inventory, sales data, customer details, and vendor records—is stored in one unified system. Key Benefits of a Centralized Database for Retailers 1.

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Maximize Efficiency with Effective Supply Chain Management Software Solutions

Small Biz Trends

Supply chain management software is crucial for businesses aiming to improve their operational efficiency. It integrates various functions, such as demand planning and inventory tracking , which streamline processes and improve communication among stakeholders.

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Maximize Profitability with Effective Retail Inventory Optimization Strategies

Small Biz Trends

Let’s explore the specific goals and benefits of effective inventory management. Key Takeaways Retail inventory optimization ensures the right stock levels to meet customer demand, enhancing overall sales and satisfaction. It can reduce inventory costs by around 10% while achieving a 99% shelf availability rate.

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Small Business Optimism Holds Steady Amid Rising Tax Concerns

Small Biz Trends

A significant factor for this slight decline was an increase in respondents reporting excess inventories, highlighting the delicate balance between supply chain management and consumer demand. Another focal point is inventory management. The index, which dipped slightly to 98.6,