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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. Retailers need to handle inventory in stores and distribution centers, keep an eye on both digital and physical shelves and keep costs down with efficient logistics and routing.

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How to Improve Retail Inventory Management and Avoid Loss

Retail Next

Whatever the size of your retail business, inventory management is crucial to controlling your supply chain. Whatever systems you have in place to manage your inventory and minimize loss, it is always a good idea to be thinking about how you can improve upon them.

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Choosing a Distribution Model: Drop Shipping vs Traditional Inventory

Retail Bound

Welcome back, retail enthusiasts! One of the topics that consistently comes up in the retail world is the logistics of shipping. From the manufacturers to the distributors, to your retail store – there are many factors and unexpected costs to consider during the shipping process that can be often overlooked.

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Alibaba Supply Chain Exec Recommends Futureproofing with AI, Blockchain and Crowdsourcing

Retail TouchPoints

With no end in sight to the challenges battering the global supply chain, Shao spoke with Retail TouchPoints about how companies, and small businesses in particular, can adapt and thrive in this volatile environment. Retail TouchPoints: The supply chain has been a huge topic of conversation since the pandemic struck.

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Inside Star Living’s fully automated, eco-friendly warehouse in Singapore

Inside Retail

Singapore-based furniture retailer Star Living recently unveiled a state-of-the-art, fully automated warehouse in Sungei Kadut, that promises to revolutionise the way it does business. We save 50 per cent in terms of headcount in driving ‘Reach Trucks’, as well as performing picking and ‘put-away’ jobs,” she told Inside Retail.

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How Foot Locker is stepping up the customer experience with AI

Inside Retail

Earlier this year, Foot Locker unveiled a plan to drive long-term growth in the business by investing in new store formats and technology, right-sizing its retail footprint, embracing sneaker culture and deepening its relationship with customers. We’re still dipping our toes in utilising AI for trend-spotting.”

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Is 2023 the year AI will become part of every retailer’s why?

Inside Retail

And why now, more than ever should retailers start paying attention to it? Inventory management: AI can assist retailers in predicting demand for products and managing their inventory accordingly, helping to reduce waste and increase efficiency. Defining AI But what is AI? Defining AI But what is AI?