Remove 2017 Remove Management Remove Markdowns
article thumbnail

As the Holidays Approach, it’s Time to Rethink Retail Pricing Methodology…and AI Can Help

Retail TouchPoints

In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? Keeping in mind as well the need to optimize their supply chain fulfillment to meet consumer delivery expectations while managing parcel carrier costs?

Markdowns 278
article thumbnail

How Woolies is using 2D barcodes to increase sales and transparency

Inside Retail

There are also other supply chain benefits for businesses including improved inventory management, recall readiness, sustainability, ethical sourcing and product authentication. Their journey began in 2017 with just loose produce. “At

Markdowns 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Advanced Retail Pricing Strategy: Unifying PPMO (2022)

Retalon

This is one of the main reasons why leading retailers are bolstering their retail pricing strategy by investing in UPPMO (Unified Price, Promotion, and Markdown) solutions. So, it came as no surprise when Gartner reported an increasing number of retailers are looking to invest in price management analytics solutions. Let’s find out.

article thumbnail

Shane Co. Increases Sales by 20% While Significantly Reducing Inventory

Retalon

the largest privately owned jewelry retailer in America, has implemented Retalon’s Inventory and Assortment Management solution to maintain product assortment and inventory levels across all channels. Retalon helps us manage them more quickly and accurately than we ever could before.” “Shane Co.’s ” About Retalon. .

Jewelry 32
article thumbnail

Shane Co. Increases Sales by 20% While Significantly Reducing Inventory

Retalon

the largest privately owned jewelry retailer in America, has implemented Retalon’s Inventory and Assortment Management solution to maintain product assortment and inventory levels across all channels. Retalon helps us manage them more quickly and accurately than we ever could before.” “Shane Co.’s ” About Retalon. .

Jewelry 32
article thumbnail

Improve Key KPIs & Meet Yearly Goals with Predictive Analytics

Retalon

For example, one retailer might want to manage their inventory better, so they would use KPIs like inventory to sales ratios or inventory integrity. This dramatically increases revenue from transfers, lowers inventory costs and increases sales while helping you avoid unnecessary markdowns and subsequent allocations. In-Stock Percent.

article thumbnail

Improve Key KPIs & Meet Yearly Goals with Predictive Analytics

Retalon

For example, one retailer might want to manage their inventory better, so they would use KPIs like inventory to sales ratios or inventory integrity. This dramatically increases revenue from transfers, lowers inventory costs and increases sales while helping you avoid unnecessary markdowns and subsequent allocations. In-Stock Percent.