Retail TouchPoints

JUNE 8, 2022

Target is taking multiple actions to right-size its inventory, including additional markdowns, removing excess inventory and cancelling orders, as it makes room for merchandise including groceries and back-to-school supplies.

Planning 279

Planning Supply Chain Management Promotions Markdowns 279

Inside Retail

SEPTEMBER 3, 2024

It’s anticipated that the global AI retail market will soar past A$36 billion by 2028 and exceed A$70 billion by 2032, highlighting its growing importance and undeniable impact. Personalised recommendations: You can tailor marketing and product suggestions based on purchase history and browsing behaviour.

Loss Prevention 245

Loss Prevention Checkout Shrinkage Supply Chain Management 245

M19 Retail

OCTOBER 11, 2024

Why Your Supply Chain Management System Depends on the Right Retail Inventory Management Software In today’s complex retail environment, managing a supply chain management system is no small feat.

Supply Chain Management 52

Supply Chain Management Inventory Management Management Markdowns 52

Retalon

MARCH 21, 2025

Its typically built through a collaborative effort between finance, merchandising, marketing, supply chain, and store operations. A well-structured retail AOP helps guide: Sales targets: Setting revenue goals for each channel, region, or category, often grounded in historical performance, market trends, and growth projections.

Markdowns 41

Markdowns Finance Promotions Planning 41

RETAIL MANAGEMENT SOFTWARE

OCTOBER 8, 2024

Inventory Management: Retailers often struggle with balancing sufficient inventory to meet demand while avoiding excess stock, which can lead to increased carrying costs and potential markdowns. Retailers should use historical sales data, current market trends, and consumer behavior analysis to forecast demand accurately.

Supply Chain Management 52

Supply Chain Management Inventory Management Fulfillment Management 52

Retail Assist

SEPTEMBER 3, 2024

Staying ahead means more than just knowing your market and customers inside out. It calls for a seamless integration of all business processes, from inventory management to customer experience. Improved Supply Chain Management: Merret Pro revolutionises your supply chain by streamlining operations and improving inventory accuracy.

Inventory Management 52

Inventory Management Supply Chain Management Markdowns Customer Experience 52

M19 Retail

APRIL 14, 2021

The multiplication of choices induced by this model translates into a drop in productivity of the physical store space and an increase in markdowns at the end of the season to sell unsold products. For all of these reasons, supply management is one of the current priorities of many retailers, the health crisis having served as an accelerator.

Point of Sale 52

Point of Sale Management Markdowns Accounting 52