Retail TouchPoints

NOVEMBER 20, 2023

External Theft According to the NRF, shoplifting and other forms of external theft, including burglary, accounted for 37% of reported shrink in 2022. Optimize inventory management: Like damaged products and shipping errors, theft can negatively impact retail inventory management.

Payment Services 306

Payment Services Sporting Goods Inventory Management Loss Prevention 306

Retail TouchPoints

JANUARY 6, 2023

While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S. The challenge for retailers is understanding where their customers will be six months from now and positioning their inventories, promotional plans and overall business outlook accordingly.

Payment Services 315

Payment Services Promotions Consumer Inventory Management 315

Retail TouchPoints

APRIL 25, 2022

As a result, businesses looking to gain a competitive advantage in the global marketplace are investing more heavily in supply chain management. The supply chain challenges of the past few years have underscored the importance of proper and efficient supply chain management.

Supply Chain Management 278

Supply Chain Management Inventory Management Shipping Management 278

Retail TouchPoints

SEPTEMBER 7, 2022

For a store-within-a-store, those challenges are magnified by offering a wide range of rate plans, which means working with multiple carriers. Added to that, even on a single device and rate plan sale, the retailer might be tracking upwards of five different subsidy types, depending on promotions at that time.

Kiosk 230

Kiosk Inventory Management Management Accounting 230

Retail TouchPoints

FEBRUARY 10, 2022

It’s now available on-demand , which makes this a good time to issue a spoiler alert: if you haven’t seen the episode yet but plan to, don’t read any further until you have. As Leite shares at the end of the episode, she plans to triple the company’s revenue over the next five years. million on inventory management solutions; $1.2

Inventory Management 289

Inventory Management Beauty and Health Management Point of Sale 289

Retail Smart Guys

NOVEMBER 15, 2024

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.

Inventory Management 59

Inventory Management Planning Management Point of Sale 59

Inside Retail

NOVEMBER 6, 2023

“Zebra Workcloud is a purpose-built suite of enterprise applications designed specifically for the front-line worker to better optimise labour decisions, simplify and streamline communication and improve inventory management.”

Inventory Management 299

Inventory Management Promotions Management Shipping 299

Retail TouchPoints

AUGUST 5, 2024

“That helped adoption, and it also just runs faster,” than The Paper Store’s previous POS system, which had required three separate logins for POS, inventory queries and ship-to-home functionality. That’s three different passwords and user accounts in each store across the fleet.

Inventory Management 236

Inventory Management Point of Sale Promotions Jewelry 236

Retail TouchPoints

FEBRUARY 27, 2024

The Evolving Threat Landscape Retailers increasingly rely on digital platforms for sales, inventory management and customer engagement. Ensuring business continuity plans include appropriate responses to network outages, breaches and ransomware attacks. Conducting a third-party audit of cybersecurity protocols.

Payment Services 236

Payment Services Wholesale Store Layout Inventory Management 236

Retail TouchPoints

JULY 12, 2023

Technology — specifically edge computing — provides the foundation for a better customer experience, real-time inventory management, enhanced security and loss prevention and in-store analytics. The store knows what you took from the shelf and put in your cart and can charge you for it on your account that’s linked to their system.

Payment Services 206

Payment Services Inventory Management Checkout Loss Prevention 206

Retail TouchPoints

JULY 12, 2021

Good warehousekeeping leads to better customer service through improved inventory management, faster receiving, put-away, picking and shipping times, savings in labor costs and reducing expensive errors. The most difficult question to answer when planning around a transformative investment in the warehouse, like a WMS, is, “why now?”

Merchant Services 271

Merchant Services Fulfillment Shipping Inventory Management 271

Inside Retail

OCTOBER 29, 2024

When these systems are integrated effectively, they offer several key benefits: Operational efficiency: By connecting different tools – such as e-commerce platforms, inventory management systems, and shipping solutions – retailers can automate workflows, reduce manual tasks, and minimise the risk of errors.

Shipping 147

Shipping Inventory Management Inventory Turnover Fulfillment 147

Retail TouchPoints

SEPTEMBER 23, 2022

Do they provide a personal account manager for your business? A 3PL provides a safety net for planned or unanticipated increases in demand, so you don’t have to worry about fulfilling scheduled orders or laying off employees when the busy season ends. How to optimize shipments based on the customers’ location.

Fulfillment 290

Fulfillment Shipping Inventory Management Management 290

Retail TouchPoints

OCTOBER 6, 2023

Accurate demand forecasting is the bedrock of efficient inventory management — a vital logistics function that should be operating at peak performance levels during the holiday shopping season when consumers expect the inventory they want to be available. 1: Demand forecasting. 2: Order cycle time. 5: Sustainability metrics.

Fulfillment 259

Fulfillment Returns Shipping Promotions 259

Retail TouchPoints

APRIL 21, 2022

To avoid this outcome, your business needs to use intelligent planning and analytics technology to develop its own modern supply chain management solutions. 3 Ways to Modernize Your Supply Chain Management Processes. Long-term planning and short-term adaptability are impossible without mature relationships with your suppliers.

Supply Chain Management 214

Supply Chain Management Planning Shipping Management 214

Inside Retail

JANUARY 15, 2023

We believe there are six key strategic pillars, which should be taken into account to ensure your organisation is on the right track for supply chain resilience: Redesign your fulfilment network and your merchandise planning function for multi-channel fulfilment.

Inventory Management 130

Inventory Management Fulfillment Customer Experience Planning 130

Retail Focus

AUGUST 8, 2023

Order Fulfillment When outsourcing, retailers can benefit from streamlined inventory management, order processing, and shipping. Accounting and Bookkeeping Maintaining accurate financial records is crucial for the long-term success of any retail business.

Loss Prevention 130

Loss Prevention Inventory Management Inventory Turnover Shipping 130

Retail TouchPoints

OCTOBER 22, 2021

There are also distinct services for accounting, inventory management, email and marketing automation, analytics and so on. Every page needs to load fast to get high conversions, which is why you had better spend your money on a premium web hosting plan now rather than address these issues later. Buy premium web hosting.

Payment Services 229

Payment Services Inventory Management Promotions Checkout 229

Inside Retail

JULY 14, 2024

One way retailers can navigate this issue is by using AI-powered predictive technology to account for various factors, from social media trends to weather patterns to previous sales numbers, to more accurately order inventory. Walmart has been using advanced AI technology to optimise inventory management for a few years already.

Shopping 130

Shopping Fulfillment Shipping Inventory Management 130

Retail TouchPoints

JANUARY 25, 2022

4) Think Big: Improve supply chain and inventory management. Act small: Add a feature to your website allowing customers to search inventory availability in local store locations. Building a roadmap and investing time in long-term planning is essential for advancement.

Management 242

Management Marketing Customer Experience Inventory Management 242

Inside Retail

JANUARY 30, 2024

Lifecycle pricing inventory management Zebra Technologies also has products focused on inventory management and Lifecycle Pricing. The software uses AI to help a retailer plan the introduction of new stock into a store and manage the pricing levels across its shelf life.

Loss Prevention 147

Loss Prevention Shrinkage Inventory Management Markdowns 147

Retail Minded

JULY 4, 2024

Ensuring compliance with tax regulations while maximizing deductions requires careful planning and strategic execution. Then, apply the features of the chosen accounting software to sort all costs and income correctly. Navigating the complexities of tax season can be daunting for any retail business owner.

Payment Services 84

Payment Services Inventory Management Accounting Management 84

Inside Retail

NOVEMBER 12, 2023

Why you need a recovery plan Imagine your business has been impacted by a cyber-attack. What if your inventory management system can no longer be accessed or trusted? Or your account records? Building your recovery plan The purpose of a recovery plan is to minimise loss of downtime by enabling business continuity.

Planning 147

Planning Technical Support Inventory Management Fulfillment 147

Retail Focus

SEPTEMBER 5, 2024

From the use of chatbots to direct customers to the correct department while shopping on their mobile device or computer, through to sophisticated inventory management that helps retailers operate easier, the potential for AI in retail is far-reaching.

Payment Services 162

Payment Services Checkout Inventory Management Store Layout 162

I Vend

MAY 8, 2024

Online sales account for $40 billion and are growing faster than brick and mortar sales. Inventory management – Managing inventory in wine and liquor retail can prove to be a big headache. It enables retailers to digitize and automate key processes, such as inventory management or loyalty and promotions.

Shrinkage 91

Shrinkage Inventory Management Payment Services Point of Sale 91

Retail TouchPoints

APRIL 10, 2023

Central to this effort will be transitioning to SAP’s Enterprise Resource Planning (ERP) system, an endeavor that won’t be completed until 2026. Now, ecommerce has grown to capture 21% of the retailer’s global revenue, with stores still accounting for the majority ( 51% ) while wholesale and third-party sales make up the difference ( 28% ).

Jewelry 216

Jewelry Wholesale Consumer Point of Sale 216

M19 Retail

MARCH 17, 2021

MIAMI, FLORIDA March 17, 2021 – Mi9 Retail, the number one vendor for tier one retailers (RIS 2021 Software Leaderboard) that enables them to automate and optimize merchandise management and demand planning, is pleased to announce the release of its new merchandise management mobile application (MMA). Recent Posts.

Inventory Management 40

Inventory Management Management Markdowns Planning 40

Wiser

JULY 31, 2023

1: Regular Audits Conducting regular in-store audits allows brands to physically verify that stores are adhering to the planned layouts. This enhanced visibility can provide valuable insights into competitor strategies, including their planogram planning, shelf placement, product arrangement, and promotional activities.

Store Layout 145

Store Layout Promotions Customer Experience Inventory Management 145

Inside Retail

MARCH 13, 2023

The goal is to create the most efficient supply chain possible for inventory management. Philosophically, it requires a shift in thinking – a little more focus on short-term planning, as opposed to a longer-term strategy. We could benefit from shifting some of our focus away from the two operating models.

Supply Chain Management 147

Supply Chain Management Fulfillment Inventory Management Advertising 147

Clover - Retail

OCTOBER 10, 2024

To help you manage your energy over the long shopping season, delegate to other team members early and add automation tools–like Clover inventory management and other apps from the Clover App Market –like Order Paper –to keep things running smoothly. You may even get extra-busy post-holidays–thanks to gift cards.

Merchant Services 110

Merchant Services Promotions Inventory Management Payment Services 110

Inside Retail

DECEMBER 7, 2021

Having a better understanding of what your customers want to buy and when could take the guesswork out of sales forecasting, inventory management or staff rostering. with the annual change in the Australian Bureau of Statistics’ (ABS) National Accounts nominal household final consumption over recent years.

Payment Services 130

Payment Services Inventory Management Consumer Accounting 130

Retalon

JUNE 29, 2013

In order to achieve this there is a lot of thought put into inventory management, allocation, and replenishment processes. Most retailers begin by creating a plan based on the big picture of their business process, and then they purchase the inventory, and allocate it to stores from the DC. A boost in turnover by up to 3.5

Inventory Management 32

Inventory Management Management Markdowns Fulfillment 32

365 Retail

SEPTEMBER 16, 2024

Smart financial planning is essential to navigating these challenges effectively, ensuring smooth operations, and ultimately driving growth. This guide provides actionable strategies to streamline retail operations by setting clear financial priorities, managing cash flow, and optimising resources.

Payment Services 52

Payment Services Planning Inventory Management Management 52

Inside Retail

NOVEMBER 14, 2024

“In the intense retail environment, managing inventory effectively is the difference between delighting the customer at those peaks or missing out,” concludes Egglestone. The platform allows you to effectively plan, execute, and continuously and incrementally optimise supply, demand, and logistics.

Fulfillment 130

Fulfillment Returns Customer Experience Management 130

Independent Retailer

SEPTEMBER 27, 2022

Establishing a comprehensive onboarding process for new suppliers, coupled with clear operating practices, can help maintain standards and ensure accountability as a network grows. Consulting and accounting giant KPMG has even begun publishing a supply chain fragility index as a way to measure the global economy’s collective muscling up.

Shipping 98

Shipping Accounting Inventory Management Management 98

Inside Retail

JUNE 11, 2024

One of the biggest problems in the furniture industry is inventory, so this allows our close partners to work with us, so we get better inventory management. IR : Looking forward, what are your plans? So if my team over- or under-orders, they can see. And they all have a long-term focus.

Fulfillment 263

Fulfillment Management Marketing Consumer 263

Retail Smart Guys

NOVEMBER 3, 2023

Timing is Everything: When to Begin Inventory Planning Inventory planning is the backbone of successful retail operations. While the specifics of inventory planning can vary from one retailer to another, one thing remains constant – timing is everything. Understanding supplier lead times is crucial.

Planning 52

Planning Inventory Management Promotions Shipping 52