Retail TouchPoints

FEBRUARY 12, 2021

According to the researchers at the Auburn University RFID Lab, a typical brick-and-mortar retailer without RFID has about 60% SKU-level accuracy, which is simply not acceptable anymore to keep up with consumer demands for speedy fulfillment and a wide product selection. RFID can raise inventory visibility up to 99%. RFID and Beyond.

Fulfillment 286

Fulfillment Markdowns Inventory Management Customer Experience 286

Retalon

NOVEMBER 29, 2014

What retailers need is a strategy to allow stores to become fulfillment centers. This means that a store must not only carry enough inventory to satisfy forecasted demand, but also additional stock to satisfy any online or mobile orders that will be fulfilled though their location. How do you build a smart fulfillment strategy?

Fulfillment 32

Fulfillment Markdowns Shipping Inventory Management 32

Indigo 9 Digital

SEPTEMBER 1, 2022

Marks & Spencer is in the midst of a multi-year transformation that former CEO Steve Rowe began in 2018 and it’s working. That means if there is slow moving merchandise the retailer doesn’t have to worry about taking markdowns to sell the inventory. Marks & Spencer’s revenues last year were up 21.5%

Drop-Shipping 95

Drop-Shipping Markdowns Planning Grocer 95

Retalon

JUNE 11, 2021

In a 2018 report , Gartner, Inc. And retailers are rushing to offer new fulfillment options, like “buy online, pick up in-store” (BOPIS), curbside pickups, cashless checkouts, drop-shipping, mobile shopping and more. Reducing fulfillment options decreases the level of customer service. This is a misconception.

Fulfillment 41

Fulfillment Drop-Shipping Markdowns Returns 41

Retalon

SEPTEMBER 13, 2015

This dramatically increases revenue from transfers, lowers inventory costs and increases sales while helping you avoid unnecessary markdowns and subsequent allocations. No more surprising promotions that the supply chain team cannot fulfill. In-Stock Percent. of the time, which is a common industry standard. Promotion Lift.

Markdowns 32

Markdowns Promotions Customer Experience Fulfillment 32

Retalon

JULY 15, 2019

Not only do overstock situations force retailers to markdown inventory at the end of a season at slim-to-no profit margins, but it also takes up physical space in stores warehouses, accruing carrying costs, and ties up extra cash that could be used towards advancing business goals. 3. Logistics and fulfillment challenges.

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Markdowns Promotions Inventory Management Planning 32

Retalon

FEBRUARY 21, 2025

For instance, while the 2018 steel and aluminum import tariffs increased demand for US-made steel, they inevitably led to increased costs in the automotive and construction industries. AI-driven pricing solutions go much further in accurately predicting, calculating, and recommending product pricing, markdowns, and promotions.

Markdowns 41

Markdowns Planning Inventory Management Drop-Shipping 41