Retail TouchPoints

OCTOBER 6, 2022

While COVID-19 slowed the world down to a standstill, it greatly accelerated the growth of online shopping. Retailers acted with agility, changing the way they planned and managed inventory in a remarkably short time. Tools can enable retailers to connect and correlate all inventory data with external events.

Inventory Management 283

Inventory Management Management Inventory Turnover Supply Chain Management 283

Inside Retail

FEBRUARY 26, 2024

Set benchmarks for inventory management, including the rate of inventory turnover and tracking and fill rate. Continue to review minimum stock limits and develop contingency plans should supply issues emerge.

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

Inside Retail

JUNE 28, 2022

The 684.6sqm retail space is located in Setia City Mall, one of the largest shopping complexes in Shah Alam. the new store concept, is being touted as a family-friendly shopping experience, featuring a new toy section, with licensed products from well-known brands and Miniso’s own mini family collection. “The Expansion plans.

Inventory Turnover 130

Inventory Turnover Clienteling Social Commerce Consumer 130

Retail TouchPoints

NOVEMBER 17, 2023

When a high demand product runs out of stock, it can be substituted with a similar product that is not selling as fast to maximize inventory turnover, reduce carrying costs and minimize the administrative burden associated with cancellation, refunds and follow-up.

Customer Experience 255

Customer Experience Inventory Management Fulfillment Inventory Turnover 255

Retail TouchPoints

JUNE 6, 2022

In China small local shops, known as “neighborhood retail,” are big business, generating 1.3 It is common practice for customers to shop daily for the fresh produce they need, and Missfresh’s goal is to digitize that local fresh food experience with the added convenience of doorstep delivery. A New Kind of ‘Neighborhood Retail’.

Grocer 291

Grocer Inventory Turnover Fulfillment Shopping 291

Retail Focus

AUGUST 8, 2023

This frees up your time to focus on strategic decision-making, financial planning, and growth initiatives. This liberates valuable time for retailers to concentrate on core business activities and strategic planning. This leads to improved inventory turnover and reduced instances of overstock or stockouts.

Loss Prevention 130

Loss Prevention Inventory Management Inventory Turnover Shrinkage 130

Independent Retailer

AUGUST 1, 2022

Next-generation analytical and planning tools interpret vast volumes of data so that retailers can predict and react to disruptions before they affect inventory levels. COVID-19 lockdowns accelerated a shift to online shopping that was already well underway. Data Shaping the Future of Inventory Management. by Paula Biste.

Inventory Management 69

Inventory Management Management Inventory Turnover Supply Chain Management 69