Inside Retail

AUGUST 16, 2022

Online sales grew 44 per cent to $601 million with click-and-collect accounting for 55 per cent of online sales — surging 73 per cent to $332 million. For the year to July 2, the business says sales grew 2.8 per cent to $3.55 billion although tax-paid net profit fell 20 per cent to $244.1 Sports retail subsidiary Rebel’s sales increased 1.3

Supply Chain Management 246

Supply Chain Management Net Profit Wholesale Apparel 246

Retail TouchPoints

APRIL 19, 2024

For example, 60% of customers say they would be willing to pay more for a product with sustainable packaging, so it is paramount that businesses stay with the times and account for these shifting consumer preferences. One industry with a particularly negative environmental impact is the retail industry.

Supply Chain Management 264

Supply Chain Management Fast Fashion Apparel Shipping 264

Retail TouchPoints

MAY 2, 2022

Consumers have started taking sustainability into account when deciding what to buy and where to buy it. Dedicated software using machine learning can also factor in supply chain management, marketing and other relevant business operations to provide better insights about what products are needed where, and when.

Drop-Shipping 334

Drop-Shipping Returns Supply Chain Management Shipping 334

Retail TouchPoints

MAY 14, 2024

In December 2023, the European Parliament and the European Council reached a provisional agreement on the Corporate Sustainability Due Diligence Directive (CSDDD), a sweeping law that mandates companies to actively monitor and rectify any human rights and environmental risks within their global supply chains.

Supply Chain Management 326

Supply Chain Management Consumer Management Accounting 326

Retail TouchPoints

JUNE 2, 2023

Smart retailers are realizing that their increasingly complex omnichannel offerings have made strong supply chain management more important than ever. The retailer has seen digital sales shift away from next-day deliveries, which now account for just 18.2%

Inventory Management 278

Inventory Management Management Fulfillment Supply Chain Management 278

365 Retail

MARCH 28, 2025

The retail sector alone accounts for around 10% of global energy use. Sustainable Supply Chain Management The shift from physical to digital stores also provides opportunities for more sustainable supply chain management. Digital platforms, by contrast, require far less energy.

Supply Chain Management 64

Supply Chain Management Shipping Promotions Consumer 64

Retail TouchPoints

MAY 30, 2022

Circling back into the feedback loop, manual supply chain management can contribute to product inaccuracies, thus further heightening the levels of returns. This process may account for 10% of total supply chain costs — it can even reduce profit up to 30% in poorly managed supply chains.

Returns 328

Returns Fashion Supply Chain Management Shopping 328

Inside Retail

JULY 5, 2021

With retail business leaders increasingly focusing on their supply chain management, here are three ways they can “unbound” their supply chains. Not only does the last mile account for approximately 53 per cent of all shipping costs, but it’s also when customers are most demanding of timeliness and cost-efficiency.

Fulfillment 246

Fulfillment Supply Chain Management Shipping Accounting 246

Retail TouchPoints

FEBRUARY 11, 2021

CSR accountability will be a point of competitive differentiation and a matter of law. Some experts feel that the move toward building more sustainable supply chains lost some mojo in 2020. CSR is not something they do, it’s who they are. In the past, retailers blamed upstream suppliers for lapses, but no more.

Retail Trends 228

Retail Trends Payment Services Supply Chain Management Fulfillment 228

Inside Retail

NOVEMBER 24, 2024

He is an accomplished designer who studied arts in France 15 years ago before taking a job with a public relations consultancy in China’s capital, Beijing, where he worked on the account of Procter & Gamble, an FMCG company with a raft of hair and skincare products.

Supply Chain Management 130

Supply Chain Management Consumer Marketing Boutique 130

Retail TouchPoints

JANUARY 14, 2021

When’s the last time you took an inventory of your supply chain management technologies? McCord has over 18 years of food retail experience, holding roles in merchandising, account management, and category management departments. Consider new technologies.

Supply Chain Management 256

Supply Chain Management Finance Employee Engagement Management 256

Retail TouchPoints

APRIL 6, 2023

Seeing this, a supply chain manager would want to know exactly how this would affect the trucks carrying their company’s products. Because it’s working from much broader inputs and more advanced neural networks, AI can take into account more factors, such as competitive pricing , weather patterns and promotional cannibalization.

Payment Services 262

Payment Services Supply Chain Management Supermarket Accounting 262

Inside Retail

NOVEMBER 22, 2023

These bots engage in various automated threats, including credential stuffing, account takeover, gift card cracking, web scraping, API scraping, fake account creation, and inventory scalping.

Payment Services 162

Payment Services Supply Chain Management Accounting Point of Sale 162

Retail TouchPoints

SEPTEMBER 14, 2023

“When inventory gets to the last mile, we’re still looking at a shortage of labor, which put the Teamsters in an advantageous position” during the union’s recent contract negotiations with UPS, according to Dr. Thomas Goldsby , Professor and Chair in Logistics in the Supply Chain Management Department of the University of Tennessee.

Fulfillment 278

Fulfillment Shipping Supply Chain Management Consumer 278

Inside Retail

NOVEMBER 29, 2021

This is particularly true for retail supply-chain management. More accurate supply-chain models. The customer data required to undertake better demand forecasting and product development should also be used to inform retailers’ more traditional supply-chain management activities.

Supply Chain Management 130

Supply Chain Management Customer Experience Consumer Planning 130

Inside Retail

SEPTEMBER 19, 2022

The retail and wholesale businesses accounted for a roughly even split of the company’s 219.6 Year-on-year sales growth on the retail side, which is now mostly accounted for by Lotus’s, is not available, since the base period was prior to the Lotus’s acquisition. billion baht ($9.4 billion) in sales through the first half of the year.

Wholesale 130

Wholesale Supermarket Accounting Supply Chain Management 130

Inside Retail

MARCH 13, 2023

In a joint study between Deloitte and Manufacturers Alliance, 80 per cent of those surveyed had experienced heavy supply chain disruption in the 12-18 months to June 2022. That’s why we’re moving beyond just-in-time versus just-in-case to a different model for supply chain management.

Supply Chain Management 147

Supply Chain Management Fulfillment Inventory Management Advertising 147

LS Retail

AUGUST 1, 2023

With more than 10 years of experience, Kasia’s professional expertise includes expatriate taxation, international payroll reporting, global mobility policy and managing diverse teams within and outside the United States.

Supply Chain Management 90

Supply Chain Management Planning Accounting Returns 90

Inside Retail

AUGUST 16, 2022

Offering exceptional storage density, high throughput, enhanced sustainability and improved accuracy and productivity, these systems are helping warehouse operators and supply chain managers deal with SKU growth, fluctuations in demand and changing customer expectations.

Supply Chain Management 130

Supply Chain Management Accounting Management Marketing 130

Inside Retail

SEPTEMBER 20, 2023

The digital factor According to Wat, customers now enter 90 per cent of their orders digitally, while off-premise consumption, which is a combination of delivery and takeaway, accounts for over 60 per cent of sales. While the company already has 445 million customers , there are at least 1 billion more who are still up for grabs.

Supply Chain Management 130

Supply Chain Management Planning Accounting Store Operations 130

Inside Retail

SEPTEMBER 20, 2023

The digital factor According to Wat, customers now enter 90 per cent of their orders digitally, while off-premise consumption, which is a combination of delivery and takeaway, accounts for over 60 per cent of sales. While the company already has 445 million customers , there are at least 1 billion more who are still up for grabs.

Supply Chain Management 130

Supply Chain Management Planning Accounting Store Operations 130

Inside Retail

NOVEMBER 29, 2021

This is in sharp contrast to music sales: physical music sales in Australia in 2020 accounted for just 11% of sales revenue. In spite of the promising adoption of new reading technologies we remain wedded to the printed word – but even this doesn’t mean we should remain wedded to supply chains. In 2020, 15.9%

Supply Chain Management 130

Supply Chain Management Shipping Accounting Marketing 130

Inside Retail

FEBRUARY 29, 2024

” Globally, private-label products account for 19.4 Using Centric PLM’s supplier portal and its real-time communication capabilities, retailers can access up-to-date information on suppliers, lead times, costs and other data needed for effective product development and supply chain management.

Supply Chain Management 130

Supply Chain Management Planning Consumer Marketing 130

Inside Retail

JANUARY 30, 2024

For example, in 2023, beauty and skincare products from France accounted for 58 per cent of all French goods ordered on JD’s cross-border e-commerce platform,” he pointed out. Additionally, the fashion industry often encounters supply chain challenges such as inventory management and high return rates.

Merchant Services 130

Merchant Services Inventory Turnover Inventory Management Supply Chain Management 130

Wiser

JUNE 8, 2021

It can be used by accounting, manufacturing, sales, and marketing teams, among others. Of course, ERP is also useful in retail and supply chain management, where companies will use the software to oversee elements of their pricing strategies and go-to-market campaigns.

Supply Chain Management 148

Supply Chain Management Management Location Planning 148

Independent Retailer

APRIL 20, 2021

Foot traffic, point of sale (POS) systems, website traffic, social media engagement, pricing, competitor behavior, and consumer trends all produce a form of data that retailers can take into account for informed decisions. Supply Chain Management. Tactics such as this can help draw in more customers and profits.

Supply Chain Management 107

Supply Chain Management Advertising Point of Sale Customer Experience 107

Retail Minded

AUGUST 25, 2022

Your cash flow forecasts must take several business conditions into account. As a result, you might neglect stress testing your forecasts since accounting for every variable in a spreadsheet is challenging. Supply chain management thus begins with your choice of the manufacturer or raw material source.

Finance 97

Finance Supply Chain Management Management Accounting 97

RETAIL MANAGEMENT SOFTWARE

JANUARY 27, 2021

That’s why tracking and managing sales performance is so important in cross-channel retail. Integrate your accounting with your POS – This means integrating your accounting department with all points of sale. Your accounting department needs to be fully integrated with all points of sale.

Supply Chain Management 59

Supply Chain Management Point of Sale Fulfillment Accounting 59

Inside Retail

NOVEMBER 28, 2022

While social commerce can provide greater reach and deeper engagement with customers, it also presents issues around supply-chain management. Worse still, social commerce customers are highly likely to share opinions on their social media accounts, posing further threats to retailers’ reputations.

Social Commerce 130

Social Commerce Merchant Services Payment Services Fulfillment 130

Retail Focus

APRIL 4, 2024

By tailoring product recommendations, exclusive offers, and content, we can take into account the customer’s preferences, past purchases, and behaviour. Degree of Integration: Dior has integrated digitalisation into multiple aspects of its brand processes, including supply chain management and customer data analysis.

Clienteling 147

Clienteling Supply Chain Management Customer Experience Consumer 147

Inside Retail

APRIL 25, 2023

From a back-of-house perspective, AI and machine learning technology is also able to power supply chain management and easily detect fraud. But, he emphasised that these advancements were all highly speculative, and might account to little or nothing.

Shopping 130

Shopping Payment Services Inventory Management Supply Chain Management 130

RETAIL MANAGEMENT SOFTWARE

JANUARY 27, 2021

That’s why tracking and managing sales performance is so important in cross-channel retail. Integrate your accounting with your POS – This means integrating your accounting department with all points of sale. Your accounting department needs to be fully integrated with all points of sale.

Supply Chain Management 52

Supply Chain Management Point of Sale Fulfillment Accounting 52

I Vend

AUGUST 13, 2023

Have a good supply chain management – If retailers are going to focus on customers, and enable omnichannel retail, then efficiency in managing their supply chain is essential. It’s relative – for example, before contactless payments, inserting a credit card would not have been seen as friction.

Payment Services 98

Payment Services Point of Sale Inventory Management Supply Chain Management 98

RETAIL MANAGEMENT SOFTWARE

OCTOBER 22, 2020

That’s why tracking and managing sales performance is so important in cross-channel retail store management software. Integrate your accounting with your POS – This means integrating your accounting department with all points of sale. Your accounting department needs to be fully integrated with all points of sale.

Payment Services 87

Payment Services Drop-Shipping Shipping Point of Sale 87

M19 Retail

FEBRUARY 7, 2025

Whether you run a boutique retail shop or manage an enterprise level operation, finding the right technology to handle your Point of Sale (POS), inventory control, and merchandising planning is critical. But as your business grows, so do the complexities of supply chain management, financial audits, and scalability.

Supply Chain Management 52

Supply Chain Management Inventory Turnover Point of Sale Inventory Management 52

Retalon

MAY 17, 2024

While nearly three-quarters of all retailers still rely on simple, and consequently limited, tools such as Excel spreadsheets, the integration of AI-driven technologies in supply chain management is revolutionizing how demand forecasting for forward-thinking retailers. What is supply chain demand forecasting?

Supply Chain Management 41

Supply Chain Management Inventory Management Management Promotions 41

RETAIL MANAGEMENT SOFTWARE

JUNE 10, 2024

These tools help manage the entire production lifecycle, from raw material procurement to finished goods. Key functionalities include production scheduling, work order management, and capacity planning. Supply Chain Management Managing the supply chain effectively ensures timely delivery of products.

Inventory Management 52

Inventory Management Supply Chain Management Inventory Turnover Management 52