Remove ATS Remove Inventory Management Remove Promotions
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How AI is set to revolutionise inventory management

Inside Retail

Great product diversity, changing consumer demands, and the expansion of e-commerce have turned inventory management into a major pain point for retailers. Poor inventory management results in overstocking and under-stocking, impaired cash flow, and losses from theft and spoilage. Here are some reasons why: 1.

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Nike, Calvin Klein and Other Major Brands in Vietnam Enhance Order and Inventory Management

Retail TouchPoints

Retail Pro Prism is a customizable platform that allows retailers to manage inventory and orders more efficiently across channels and subsidiaries. Retail Pro Prism is a customizable platform that allows retailers to manage inventory and orders more efficiently across channels and subsidiaries. ”

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Retail Efficiency : The Power of a Mobile Inventory Management App

M19 Retail

Revolutionize Retail Efficiency: The Power of a Mobile Inventory Management App In today’s fast-paced retail world, staying ahead means managing your inventory with precision and speed. Streamlined Inventory Tracking Why waste time with manual processes? Ready to transform your operations?

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Vallarta to Implement Integrated Inventory Management Solution

Retail TouchPoints

Vallarta Supermarkets will implement Logile IMS, an inventory management solution that will allow the Southern California regional supermarket chain to manage orders and receiving while also handling in-store production and service, via integration with the retailer’s forecasting and workforce management solutions.

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Holiday 2022 Recap: Promotions, BOPIS Drove Late-Season Engagement as Overall Growth Slowed

Retail TouchPoints

but at its lowest rate in years: up 3.5% As expected, promotions played a major role in setting the pace of the latter half of the season, with an average discount rate of 21% in 2022 compared to 19% in 2021, according to Salesforce. Promotions hit their peak during Cyber Week, when the average discount jumped to 30% in the U.S.

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Five Essential Inventory Management Techniques For The Warehouse (And One Practice To Stop Immediately)

Retail TouchPoints

Inventory management starts — and only starts — with a warehouse management system (WMS). In practice, most out-of-box WMSs are not capable of managing the volume and complexity of workloads required in today’s retail environment. Valentyn Kropov is VP of Client Success at SoftServe , specializing in the retail industry.

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How AI is Revolutionising the Retail Sector

Retail Focus

For example, when you shop online at Amazon or ASOS, you’ll notice that the recommendations are specific to your browsing and buying behaviour. This helps retailers optimise inventory levels, staffing, and promotions for smoother operations and waste reduction. This improves productivity and reduces costs.