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Sheetz Adopts Unified Solution to Optimize Demand Planning

Retail TouchPoints

Sheetz , a convenience store chain with 630 stores across six states, has chosen the RELEX Solutions unified retail planning solution. Sheetz had sought technology that could support demand planning across its supply chain network within a single system.

Planning 256
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Drive-Up Grocer Addie’s Opens First Store, Plans to Expand Across U.S.

Retail TouchPoints

As such, the store itself features a “completely reimagined” layout and inventory management system developed to enable “accurate and affordable grocery pickup in minutes.” Consumers purchase groceries through the Addie’s app or website and then choose a pickup window. of all U.S. grocery sales by 2026, according to Mercatus.

Grocer 312
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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. Plan before buying your inventory- Use your data to determine what you should order.

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Small business finance: Five tips for managing cash flow effectively

Inside Retail

This ensures you order the right amount of stock to meet customer needs without ending up with excess inventory. Inventory management software or a simple forecasting system can be a valuable tool to manage this. FAQs on small business cash flow management What steps can I take to maintain a positive cash flow?

Finance 130
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Mastering Open-To-Buy (OTB) Planning: Avoiding Costly Pitfalls in Inventory Management

Retail Smart Guys

In today’s fast-paced retail world, strategic inventory planning is more critical than ever. As we approach the peak of the holiday season, managing your open-to-buy (OTB) planning effectively can make or break your financial success. Rely on Data, Not Gut Feelings Your inventory is your most significant investment.

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Amazon Ramps up B2B Ecommerce Offering to Capture More Business Buyers

Retail TouchPoints

As a result, administrators can spend less time on maintaining and updating their Amazon Business account; Budget management tools: Users can streamline how they set and review time-bound budgets across an organization by setting spend thresholds and making budget amounts visible to buyers to get ahead of overspending.

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The Top 5 Retail ERP Software Features to Look For

Retail TouchPoints

One of the most powerful tools you should implement to ensure your long-term success is a retail Enterprise Resource Planning (ERP) system. The secret lies in their well-developed Customer Relationship Management (CRM) system. What is a Retail ERP System? Modern retail ERP software can take this a step further with demand forecasting.