Retail TouchPoints

JUNE 14, 2021

Rite Aid has promoted Andre Persaud to the role of Chief Retail Officer. In his prior role, Persaud oversaw Rite Aid’s inventory and supply chain management, field team management, store operations, asset protection and facility maintenance and repairs.

Supply Chain Management 256

Supply Chain Management Store Operations Management Promotions 256

Retail TouchPoints

JANUARY 20, 2022

The team also will help Indian sellers meet standards for creating new international product lines and enhance their capabilities in packaging, marketing and supply chain management. The platform includes tools to help streamline operations and manage promotions and feedback.

Merchant Services 288

Merchant Services Supply Chain Management Sporting Goods Jewelry 288

Mass Relators

JUNE 14, 2021

Since joining Rite Aid, Persaud has overseen the company’s inventory and supply chain management, field team management, store operations, asset protection, and facility maintenance and repairs. The post Rite Aid promotes Andre Persaud to chief retail officer appeared first on MMR: Mass Market Retailers.

Promotions 52

Promotions Supply Chain Management Store Operations Management 52

Inside Retail

FEBRUARY 26, 2024

Focus on contingency planning for best- and worst-case scenarios, particularly around supply-chain management, and continueto monitor and identify alternative suppliers to keep the business moving, should disruptions occur. Pricing and promotional strategies will be vital as consumers are more cost-conscious.

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

Retail TouchPoints

FEBRUARY 28, 2024

Different departments can collaborate more easily and work toward a common understanding of the data, promoting better decision-making. Supply Chain Management model: This model helps retailers manage their supply chain by tracking inventory levels, logistics and supplier performance.

Inventory Turnover 211

Inventory Turnover Supply Chain Management Store Layout Marketing 211

Retail TouchPoints

AUGUST 17, 2023

Enhanced supply chain management : Harnessing the power of diverse datasets, AI serves as a catalyst for supply chain transformation, streamlining order fulfillment, enhancing logistics efficiency, fine-tuning demand forecasting and automating routine tasks.

Consumer 217

Consumer Payment Services Supply Chain Management Store Layout 217

Inside Retail

JULY 6, 2022

Supply chain disruption may have become a singularly hot topic in retail circles these past years, but a focus on improving supply chain planning and forecasting is far more than just a passing trend.

Planning 130

Planning Supply Chain Management Markdowns Management 130

Retail TouchPoints

MARCH 21, 2022

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.

Payment Services 252

Payment Services Checkout Supply Chain Management Customer Experience 252

Retail TouchPoints

MARCH 30, 2022

The program also supports degrees in business, technology, supply chain management and other fields. And Walmart’s data indicates that these programs make a tangible impact: Live Better U participants are promoted at twice the rate of other associates, according to Dunn.

Fulfillment 269

Fulfillment Drop-Shipping Supply Chain Management Grocer 269

Retail Focus

APRIL 4, 2024

Channels Adopted: Hermes primarily utilises its official website and select social media platforms for brand promotion. Degree of Integration: Hermes has incorporated digitalisation into some aspects of its brand processes, particularly in customer relationship management and e-commerce.

Clienteling 147

Clienteling Supply Chain Management Customer Experience Consumer 147

Inside Retail

SEPTEMBER 20, 2023

Through the supply chain management dashboard, the company can also monitor core suppliers, logistics and store data, enabling more intelligent decision-making. Zhang said that generative AI will also be used for employee recruitment, training, evaluation, promotion and store operations.

Supply Chain Management 130

Supply Chain Management Planning Accounting Store Operations 130

Inside Retail

SEPTEMBER 20, 2023

Through the supply chain management dashboard, the company can also monitor core suppliers, logistics and store data, enabling more intelligent decision making. Zhang said that generative AI will also be used for employee recruitment, training, evaluation, promotion and store operations.

Supply Chain Management 130

Supply Chain Management Planning Accounting Store Operations 130

Retail TouchPoints

MAY 26, 2022

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.

Promotions 272

Promotions Supply Chain Management Consumer Shipping 272

RETAIL MANAGEMENT SOFTWARE

JANUARY 16, 2024

Utilizing these channels is crucial for customer connection, product promotion, and sales boost. Deals and Promotions: Consumers are increasingly seeking value for their money. Retailers are responding by offering exclusive deals, promotions, and loyalty programs, fostering a sense of excitement and value among their customer base.

Retail Trends 98

Retail Trends Payment Services Social Commerce Supply Chain Management 98

Retail Focus

SEPTEMBER 7, 2021

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.

Inventory Management 147

Inventory Management Supply Chain Management Shipping Planning 147

Retail Focus

JANUARY 5, 2024

This includes optimising supply chain management to reduce carbon footprints and promoting sustainable consumer behaviours. Sustainability as a Core Value : Digital strategies must align with sustainable practices, a growing concern among luxury consumers.

Customer Experience 147

Customer Experience Supply Chain Management Clienteling Management 147

Inside Retail

OCTOBER 19, 2021

The recent acceleration of e-commerce necessitates a reimagining of shopping flows, fulfilment logistics, and supply chain management. To meet rising consumer expectations, brands need to promote smooth customer experiences with automation, 24/7 responsiveness, and minimise friction on the journey to checkout.

Merchant Services 147

Merchant Services Fashion Payment Services Checkout 147

Retail TouchPoints

NOVEMBER 18, 2021

Optimized supply chain management to avoid stockouts and overstocking. Accurate data ensures that communications with customers related to order status or stock availability are not just timely but also based in fact, and can provide useful insights to drive marketing and promotional activity. Expect the Unexpected.

Supply Chain Management 235

Supply Chain Management Fulfillment Shipping Inventory Management 235

I Vend

MARCH 6, 2023

Thirdly, in terms of business processes, AI drives the biggest benefits in supply chain management and in sales and marketing – two functions that are at the very core of retail. Personalised promotions – customer profiling will enable retailers to deliver highly tailored personalised promotions and offers to shoppers.

Payment Services 98

Payment Services Shopping Supply Chain Management Promotions 98

Retail Assist

JUNE 22, 2023

With Merret Pro, you can streamline your purchase order management and focus on growing your business. Dynamic Pricing and Promotions Pricing can be a challenging aspect of retail, but Merret Pro has you covered. The post Streamline Your Supply Chain with Merret Pro: The Ultimate Retail ERP Solution appeared first on Retail Assist.

Payment Services 52

Payment Services Markdowns Inventory Management Supply Chain Management 52

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 7, 2023

Pricing and Promotion Optimization AI takes center stage in maximizing revenue and competitiveness for retailers and CPG companies. Supply Chain Efficiency AI is also transforming supply chain management in the retail and CPG industries.

Marketing 95

Marketing Inventory Management Supply Chain Management Store Layout 95

Retail Bound

FEBRUARY 29, 2024

In this phase, detailed analysis of failures and product yield is carried out, while the logistics and supply chain management are streamlined for efficiency. Marketing and Promo Marketing and promotion are absolutely essential for educating potential users about your product and driving sales.

Consumer 52

Consumer Promotions Supply Chain Management Marketing 52

Inside Retail

SEPTEMBER 16, 2022

US fashion firm VF Corporation has, for several years, been on a mission to make its supply chain operations more sustainable and ethical. However, there is a high chance of neglecting the potential risk to migrant workers in global supply chains if we do not work more in-depth in understanding the migrant worker’s journey.

Supply Chain Management 130

Supply Chain Management Management Apparel Promotions 130

Retail Bound

MARCH 21, 2024

Strategic alliances leverage strengths, share resources, and facilitate market expansion through joint marketing initiatives and cross-promotional campaigns. Streamlined Supply Chain Management: Optimizing supply chain processes enhances operational efficiency and reduces costs.

Payment Services 52

Payment Services Wholesale Supply Chain Management Customer Retention 52

Retail Minded

JANUARY 1, 2024

This strategy is critically important to streamline stock management and avoid carrying excess inventory into the next year – a problem that plagues the majority of supply chain managers. SKU rationalization is often a complex and error-prone process for retailers.

Supply Chain Management 52

Supply Chain Management Inventory Management Consumer Management 52

Independent Retailer

APRIL 21, 2022

The good news is that brands who proactively take the right steps to deal with supply chain issues ahead of time can do more than just survive — they can thrive. After all, when supply chain management is effective, it is proven to lower a company’s overall costs and boost profitability. O ptimize Inventory.

Shipping 83

Shipping Supply Chain Management Management Promotions 83

Retail Minded

MARCH 2, 2022

It is a prerequisite for many retail activities, such as trade promotions, new product launches, and churn rate reduction. . Trade Promotions. Trade promotions are important for retail businesses, but manually administering them is costly. . If an RPA is in place, trade promotions can be done swiftly and efficiently.

Payment Services 52

Payment Services Inventory Management Promotions Accounting 52

Independent Retailer

NOVEMBER 18, 2022

Supply chain management software can identify missed cost-saving opportunities and show landed costs for different commodities based on countries of origin — but thanks to recent advances in artificial intelligence, it can do so much more than that. Smarter Material Procurement. Streamlining Private Label Product Development.

Supply Chain Management 70

Supply Chain Management Management Shipping Consumer 70

Retail TouchPoints

JUNE 15, 2023

Supply chain managers are having to become even smarter about how to reduce costs and drive efficiencies throughout their warehouse and supply chain. What’s Keeping Retail Supply Chain Managers Awake at Night? If they don’t already have a seat at the senior leadership table, they should.

Supply Chain Management 257

Supply Chain Management Management Fulfillment Shipping 257

365 Retail

SEPTEMBER 7, 2021

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.

Inventory Management 52

Inventory Management Supply Chain Management Shipping Planning 52

365 Retail

MAY 6, 2022

Processes that have been historically carried out through a labour-intensive mix of phone calls, emails and spreadsheets are hampering retailers’ ability to pivot business models, category items and promotions as required. Pricing and promotions can now be based on business intelligence and insights derived from data hosted in the cloud.

Supply Chain Management 57

Supply Chain Management Promotions Point of Sale Management 57

Retail TouchPoints

JANUARY 2, 2023

The cost and time of integrating supply chain management platforms with other IT systems are often very high. Moreover, multi-tiered supply chains across the globe involve multiple stakeholders using different systems, legacy solutions and even paper-based documentation, which creates more barriers.

Supply Chain Management 314

Supply Chain Management Management Customer Experience Fulfillment 314

Retail TouchPoints

JUNE 8, 2022

Target also is revising its sales forecasts, future promotion plans and cost expectations by category. Thomas Goldsby, Professor and Chair in Logistics in the Supply Chain Management Department of the University of Tennessee, noted that supply will be available and the main challenge will be managing promotions.

Planning 271

Planning Supply Chain Management Promotions Markdowns 271

Retalon

JULY 30, 2019

From supply chain managers and planners to buyers and category managers to inventory analysts and order fulfillment managers, the entire process needs to be united and supported by advanced retail-specific systems. Purchasing, allocation, and supply chain teams are not in sync.

Fulfillment 32

Fulfillment Drop-Shipping Shipping Supply Chain Management 32

Retalon

JULY 30, 2019

From supply chain managers and planners to buyers and category managers to inventory analysts and order fulfillment managers, the entire process needs to be united and supported by advanced retail-specific systems. Purchasing, allocation, and supply chain teams are not in sync.

Fulfillment 32

Fulfillment Drop-Shipping Shipping Supply Chain Management 32

Inside Retail

MARCH 7, 2022

From forklift drivers to supply chain managers and working in the auto industry, here are the inspiring stories and insights they shared with Inside Retail. Gail Lines, forklift driver, Amazon. Can you tell us about your previous work experience and how you began working at Amazon? It’s an accidental passion for me.

Fulfillment 130

Fulfillment Management Supply Chain Management Marketing 130

365 Retail

NOVEMBER 13, 2023

This can be achieved by: Offering discounts or promotions Upgrading product presentations Loyalty programs encourage repeat purchases by offering special deals. Technological advancements, such as integrated supply chain management tools, often offer predictive analytics features tailored explicitly towards enabling better forward-planning.

Inventory Management 52

Inventory Management Management Planning Drop-Shipping 52