Remove Location Remove Markdowns Remove Marketing Remove Merchant Services
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Integrate Pricing, Promotions and Markdowns to Drive Profitability

Retail TouchPoints

Despite a positive job market and a stabilized economic environment, most consumers ( 96% ) are looking to save money in the short term, according to a recent study from PwC. But at the same time merchants’ margins are being squeezed, making intelligent pricing and promotions strategies even more critical for success.

Markdowns 306
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Let’s Move from Fast Promising to Smart Promising

Retail TouchPoints

As they begin to address these expectations, many retail IT teams are finding that the process is costly and complex. Today’s promise engines have gotten smarter about transit time, carrier rates, inventory location and other factors. Today, retailers are finding that too many dials makes the process unmanageable.

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The Order Fulfillment Process in 2022 and Beyond

Retalon

Why should retailers care about their Order Fulfillment Process? Order fulfillment may seem like a fairly straightforward process and according to the generic “high-level” definition, it is. In today’s market, putting the right fulfillment system in place gets you a competitive edge.

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How Smaller Assortments, Lower Inventory Levels Can Maximize Post-COVID Success

Retail TouchPoints

By creating narrower product assortments and limiting inventory levels — especially for product shipments headed to brick-and-mortar stores —merchants would gain the ability to react more quickly to changing consumer trends, and even potentially reduce their need for markdowns.

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Open to Buy Retail Planning Done Right

Retalon

We refer to these as Merchant-driven organizations. If you plan to mark down products at a certain stage of the product lifecycle, such as the last trimester of the season, you need to adjust the numbers to account for markdowns. In some organizations, the OTB (budget) serves more as a guiding or advisory tool.

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Open to Buy Retail Planning Done Right

Retalon

We refer to these as Merchant-driven organizations. If you plan to mark down products at a certain stage of the product lifecycle, such as the last trimester of the season, you need to adjust the numbers to account for markdowns. In some organizations, the OTB (budget) serves more as a guiding or advisory tool.

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How Leading Retailers Do Merchandise Planning in 2023

Retalon

Retail merchandise planning is the strategic process retailers use to determine what products to stock, in what quantities, and where to allocate inventory across stores and e-commerce channels. But solely relying on the rearview mirror limits agility in adapting to changes in consumer behavior, emerging trends, and market conditions.