Remove Accounting Remove Inventory Management Remove Shipping
article thumbnail

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.

article thumbnail

The importance of an optimised technology stack for retailers

Inside Retail

Among the essential components of a retail tech stack is a powerful shipping and logistics solution like ShipStation, which stands out due to its extensive integration capabilities. Inventory management systems For retailers, managing inventory efficiently is crucial to meeting demand without overstocking.

Shipping 147
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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?

article thumbnail

How Pack & Send solves online retailers’ biggest pain point: logistics

Inside Retail

For retailers selling products online across multiple markets on- and off-shore, selecting shipping partners can be a significant pain point in time, cost and convenience. We save our customers time, trouble and money on all their shipping needs,” explains Nicholas Woodward, country manager for Pack & Send Australia. “We

Shipping 246
article thumbnail

How independent eCommerce retailers can optimise stock inventory management during peak

365 Retail

According to Google, online sales throughout November and December can account for up to 30% of a company’s annual sales, while peak shopping dates such as Black Friday deliver upwards of three times more traffic for online retailers. Minimising disruption during peak. The power of automation .

article thumbnail

Different Things to Consider Outsourcing in Your Retail Business (and Why)

Retail Focus

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.

article thumbnail

Supply Chain Challenges Have Introduced a New Concept into Ecommerce — Inventory Pacing

Retail TouchPoints

Sales-to-inventory forecasting not only determines sales numbers but also informs other business decisions, ranging from hiring and resource management to marketing decisions and inventory and shipping procedures. Navigating the Dynamic and Evolving Shipping Industry.