Remove Promotions Remove Returns Remove Supply Chain Management
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Sick of hearing about AI? The key is understanding how to make it work for you

Inside Retail

Targeted advertising: You can use data to target promotions effectively, enhancing campaign ROI. Supply-chain optimisation: It is reported that AI-driven supply-chain management can reduce errors by 20-50 per cent, decrease lost sales and product unavailability by up to 65 per cent, and lower warehousing costs by 5-10 per cent.

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Why Retailers Should Embrace Retail Digital Transformation

Retail Focus

Optimizing Supply Chain Management Digital technologies provide: Real-time visibility in supply chain management. Management of inventory sales. It makes the supply chain management process more efficient and reduces costs. Allowing retailers to track product movement.

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Holiday Retail Trends 2023: Essential Insights for Online Brands & Retailers

Wiser

Data can help identify the promotional strategies that resonated with consumers, the products that flew off the virtual shelves, and the ones that didn’t. This digital convenience was furthered by promotional campaigns and expansive product availability, drawing in a wider customer base.

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Wireless 5G Revolutionizing Retail

Retail TouchPoints

Or a customer receives immediate, personalized product promotions and recommendations the moment they walk in a store, creating a truly customized experience. Imagine a retail location where customers using an AR-powered mirror can see how clothing looks on them without ever entering a changing room. 5G can Drive Consumer Engagement.

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Exclusive Q&A: ‘We’re Asking a Lot More From Our Supply Chains’

Retail TouchPoints

Dr. Thomas Goldsby , Professor and Chair in Logistics in the Supply Chain Management Department of the University of Tennessee , revealed some of the less obvious reasons for rising prices, the virtues and limitations of “nearshoring” via domestic supply chains and the prospects for supply chain improvements during holiday 2022 and into 2023.

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Demand Forecasting in Supply Chain – Getting it Right in 2024

Retalon

While nearly three-quarters of all retailers still rely on simple, and consequently limited, tools such as Excel spreadsheets, the integration of AI-driven technologies in supply chain management is revolutionizing how demand forecasting for forward-thinking retailers. What is supply chain demand forecasting?

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Preparing For Peak; Five Tips For Getting Supply Chains Fit For The Festive Season

Retail Focus

Reorganisation of workforces including adapting shift patterns, introducing training plans to promote upskilling, and recruiting ahead of demand curves can all create opportunity to quickly address labour shortages. Retailers should interrogate the accuracy of stock inventory management and review levels of errors.