Retail TouchPoints

JANUARY 10, 2024

There’s been a lot of talk recently about retailers reporting lower-than-expected earnings due to inventory shrinkage. According to the Corporate Finance Institute , “Inventory shrinkage occurs when the number of products in stock are fewer than those recorded on the inventory list. days, and one doubled its sales in one year.

Shrinkage 310

Shrinkage Bar Codes Shipping Finance 310

I Vend

AUGUST 6, 2023

Using your point of sale system to track performance, across every element of the retail operation, has never been more important. Retail analytics of financial reporting and inventory management data can help to pinpoint shrinkage and drill down into its location and cause, giving retailers a better chance of reducing it.

Point of Sale 96

Point of Sale Inventory Management Shrinkage Promotions 96

RETAIL MANAGEMENT SOFTWARE

JANUARY 8, 2025

A robust Point of Sale (POS) system is at the heart of this transformation, serving as the backbone of modern retail operations. What is a Retail Point of Sale? Manage multiple locations with centralized inventory tracking. Generate detailed reports on revenue, best-selling products, and peak sales periods.

Payment Services 52

Payment Services Point of Sale Inventory Management Customer Experience 52

Star Miconics

JULY 5, 2024

Restaurant & Bar Point-of-Sale Systems Impact Printers in the Modern Restaurant Kitchen The SP700 impact kitchen printer by Star Micronics is one of the most trusted on the market. Printers, paired with the point-of-sale (POS) or restaurant management system, are essential for clear communication.

Inventory Management 59

Inventory Management Shrinkage Point of Sale Management 59

RETAIL MANAGEMENT SOFTWARE

JUNE 3, 2024

However, maintaining accurate inventory records across multiple locations and channels can be challenging, particularly for retailers with large and diverse product catalogs. Inaccurate Inventory Counts : Manual inventory tracking methods are prone to errors, leading to discrepancies in stock levels and inventory shrinkage.

Apparel 52

Apparel Fashion Inventory Management Management 52

Retail Times

MARCH 30, 2021

It’s best to use a point-of-sale or inventory system that automatically modifies inventory levels as you ring up sales, so you won’t have to worry about manually updating your database. Such solutions are also beneficial if you have several locations because they allow you to manage multiple stores from one place.

Merchant Services 98

Merchant Services Inventory Management Management Shrinkage 98

Retail TouchPoints

JUNE 15, 2022

Other retailers and QSRs are now seeing the value in controlling traffic flow and general store congestion by locating checkouts at more than one entrance, or expanding the area to reduce employee count and handle more transactions faster. To curb shrinkage, self-pay via an app is used to let shoppers and guests purchase items themselves.

Payment Services 264

Payment Services Checkout Shrinkage Fast Fashion 264