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How Hot Topic and Lamps Plus Mastered Inventory Management and More

Retail TouchPoints

The retailer has seen digital sales shift away from next-day deliveries, which now account for just 18.2% of orders, toward two -day or later windows, which account for 80%. Another key challenge for Hot Topic’s inventory management system is ensuring its BOPIS options run smoothly even as it fulfills orders across multiple channels.

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4 Top Inventory Management Techniques and Best Practices

RETAIL MANAGEMENT SOFTWARE

Do you know how to manage your inventory as effectively as possible? What are the inventory management best practices? If you can’t answer these questions, it’s time to reconsider how you manage your inventory. Do you have enough stock on hand?

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Inventory management for efficiency and experience

I Vend

This lack of inventory costs retailers an estimated up to 8% of revenue in lost sales. iVend Retail Inventory Management Inventory management drives store efficiency and customer experience. Read about iVend’s smart retail technology for inventory management.

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Small business finance: Five tips for managing cash flow effectively

Inside Retail

For existing customers, Tyros electronic invoicing is a powerful e-commerce tool that lets you generate, send, and track all your invoices in one online location. Find the inventory sweet spot Holding too much stock can be a major cash flow drain. This can help you to get paid on time and boost that cash flow.

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The Top 5 Retail ERP Software Features to Look For

Retail TouchPoints

Every business has a number of core processes, units and departments that each function as vital cogs in the machinery, including manufacturing, order management, purchasing inventory, accounting, human resources, financial management and so much more.

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Five inventory strategies for retailers to win business this peak holiday season

Inside Retail

Ensure inventory visibility and control Real-time inventory visibility is critical in ensuring the most efficient fulfilment of orders, maximising conversion and shopping time before critical peak season sale cutoffs. Furthermore, flags can be quickly raised for fraudulent returns with accounts tagged to prevent further incidents.

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Smart Replenishment: The Key to Efficient Inventory Control

I Vend

Inventory is a big part of your retail business investment – up to 80% of the total in some cases. Flawless inventory management is therefore one of the most effective things you can do in order to reduce costs and maintain smooth operations. Learn about our integrated POS, inventory management and smart replenishment.