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Why Data Will Drive the Future of Inventory Management

Retail TouchPoints

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. Effective inventory management plays a vital role in this — and data-led solutions can make a real difference here.

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How Hot Topic and Lamps Plus Mastered Inventory Management and More

Retail TouchPoints

Smart retailers are realizing that their increasingly complex omnichannel offerings have made strong supply chain management more important than ever. Another key challenge for Hot Topic’s inventory management system is ensuring its BOPIS options run smoothly even as it fulfills orders across multiple channels.

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JD.com launches Ochama Robotic Shop

Retail Focus

JD.com has opened two robotic shops by the new brand name “ ochama ” in the Netherlands, with more locations to follow soon. The new model of shops introduces an unprecedented shopping format merging online ordering and pick-up shop in which robots prepare the parcels, and home delivery service.

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Grocery expo highlights tech’s role in ‘unified’ shopping experiences

Retail Customer Experience

The technology displayed at groceryshop covered many aspects of grocery retailing — from omnichannel integration to in-store promotions to inventory management to visual merchandising to supply chain management — much including self service applications.

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The four trends defining online retail in 2024

Inside Retail

Thanks to rapid innovations in supply chain management, AI technology and digital marketing, e-commerce is increasingly playing an integral role in the lives of everyday Aussies. By streamlining the shopping experience and keeping transactions on-platform, online retailers can cut down the steps required for conversion.

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Why Retailers Should Embrace Retail Digital Transformation

Retail Focus

Consumers in the digital era have many choices in the retail space, including online shops, mobile apps, and in-store. These technologies evolving by analyzing data analytics that curate personalized shopping experiences that suit their tastes and preferences. Management of inventory sales. Product descriptions.

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From smart mirrors to in-car shopping: the tech shaping retail’s future

Inside Retail

This can be seen by the adoption of QR codes – the use of which accelerated amid Covid-19 restrictions – self checkout in supermarkets and autonomous mobile robots, which are being utilised by major retailers for (among other things) logistical, supply chain and other inventory management tasks.

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