Remove 2018 Remove Inventory Management Remove Markdowns
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What are Retail Markdowns?

Wiser

Inventory management will rarely be the only thing that makes a retailer successful, but it can absolutely be the something that breaks you. Knowing what your customers like is one thing, but understanding how much of each item you need on shelves and how to price them is where inventory management can go awry.

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How RFID Powers Retail: Past, Present and Future

Retail TouchPoints

A study conducted by the RFID Lab in 2018 called Project Zipper proved RFID was a game-changer in increasing inventory accuracy when pairs of orders between retailers and brands were studied. The lack of digitization in the supply chain coupled with unpredictable demand makes inventory management chaotic at best.

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What is Everyday Low Pricing?

Wiser

It’s a complex decision that involves customer behavior, marketing, supply chain and inventory management, and other functional areas. High-Low Pricing is a strategy where a brand starts with a high price and later decreases it via promotions, clearance, or markdowns. What is Everyday Low Pricing? Here are a few signs.

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Guide for Unified Price, Promotion and Markdown Optimization Applications

Retalon

Getting your product pricing right is absolutely critical to customer cross-channel experience, but the promise of unified price, promotion and markdown optimization is hard to achieve. The post Guide for Unified Price, Promotion and Markdown Optimization Applications appeared first on Retalon. In this report: Market Definition.

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Gartner Hype Cycle for Retail Technologies 2018

Retalon

Unified Price, Promotion and Markdown Optimization. The post Gartner Hype Cycle for Retail Technologies 2018 appeared first on Retalon. Entering the Plateau. Algorithmic Merchandise Optimization. Appendixes. Hype Cycle Phases, Benefit Ratings and Maturity Levels. Gartner Recommended Reading.

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The Impact of Sustainability in Shaping Retail

Retail Next

Furthermore, the ever-growing frequency of markdowns also causes overstocking, further exacerbating the problem. The most common solution for this problem is better inventory management which, nowadays, involves better digital documentation, IoT devices and even machine learning solutions. Offsetting.

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

Retalon

After the initial success with implementation of Retalon Inventory Management system, Shane Co. Retalon is a leading provider of Predictive Analytics solutions for supply chain, inventory management, pricing, merchandising, planning and marketing operations. Using Retalon’s predictive analytics solutions, Shane Co.

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