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Luckily, new technology offers solutions to streamline retail storeoperations, boost operational efficiency, and provide top-notch service. Optimizing Inventory Management Proper inventory control is crucial for any retail business. This article explores how cutting-edge tech can transform the retail industry.
Retail Impact: Higher inventoryturnover Lower carrying costs Increased product availability 2. Dynamic Pricing and Markdown Optimization Setting the price too high will drive away customers while setting it too low will erode your profits. It also suggests markdowns that clear slow-moving stockwithout hurting margins.
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Inventory Turnover 
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