Retalon

AUGUST 14, 2023

Does your retail business struggle with outdated inventory systems and cumbersome spreadsheets? Nearly 70% of retailers face challenges managing inventory due to relying on legacy processes. Furniture inventory management software offers a smarter solution. What Exactly is Furniture Inventory Management Software?

Inventory Management 41

Inventory Management Management Dead-Stock Inventory Turnover 41

Shopper Motion

DECEMBER 16, 2020

It is undeniable that the job of a Category Manager is essential for the correct functioning of a grocery store. Our goal in this post is to support Category Management with fresh ideas and trends so that they have all the information needed when designing strategies for 2021 with the ultimate target of increasing their sales.

Management 52

Management Promotions Inventory Turnover Supermarket 52

Retail TouchPoints

JUNE 6, 2022

We’ll have different promotions in the afternoon or late evening period to make sure that we’re managing a good inventory turnover,” explained Chen. “It’s It’s all due to AI that we’re able to run a fresh produce business in an efficient way with low spoilage rates and good turnover.”.

Grocer 286

Grocer Inventory Turnover Fulfillment Shopping 286

Retalon

FEBRUARY 15, 2022

Challenges in Demand Forecasting Leading to Lost Market Share. Retailers who rely on approximated demand disappoint customers, bleed profits, and lose market share to more tuned-in competitors. Managing business at this scale often leads to a ‘divide and conquer’ mentality, which leaves channels and departments siloed.

Markdowns 41

Markdowns Inventory Turnover Fulfillment Accounting 41

V Count

JANUARY 11, 2023

Your arsenal is now more prosperous than ever (in terms of providing a better guest experience and maximizing your revenue); however, this also means the market is more competitive. You can use this information to accelerate inventory turnover, stock and arrange shelves, and provide fresh food and drinks at peak hours.

Inventory Turnover 40

Inventory Turnover Promotions Customer Experience Planning 40

Retalon

AUGUST 5, 2020

How effective are their promotional campaigns? Jump Ahead Most Important KPIs for the Retail Industry in 2020 Examples of Retail KPIs that Maximize Inventory ROI 1. Inventory Turnover Ratio 3. Promotions Uplift Retail KPIs that Answer Questions About Customer Behavior 8. Inventory Turnover Ratio.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41

I Vend

SEPTEMBER 10, 2023

Performance management – Focusing on performance management is a good way to stay ahead of competition, and the first step is having the right information. You can use POS insights to help set clear goals, and in staff performance reviews, ultimately helping to motivate your team and reduce staff turnover.

Point of Sale 111

Point of Sale Inventory Turnover Management Inventory Management 111