Retail TouchPoints

JUNE 28, 2023

Having adequate inventory to ship is job one for any ecommerce business. Knowing how much of each item is in stock at any moment, and forecasting how much inventory is needed, are critical components to holiday fulfillment success. Everything from shipping materials to labels to printer ink are very important.

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Fulfillment Shipping Inventory Management Planning 275

RETAIL MANAGEMENT SOFTWARE

MARCH 11, 2022

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. Tracking your inventory will provide you with the data necessary for these insights.

Inventory Management 111

Inventory Management Management Inventory Turnover Drop-Shipping 111

Retail TouchPoints

DECEMBER 5, 2022

million of liquidity available at the end of Q3 2022, including about $92 million of availability under asset-based credit lines, against nearly $1.8 The retailer had about $121.5 billion in debt.

Inventory Management 326

Inventory Management Shipping Management Marketing 326

Retail TouchPoints

FEBRUARY 3, 2021

D Cloud inventory management platform throughout 162 stores, with the objective of increasing accuracy throughout the supply chain. It allows us to increase our online sellable stock, as we do not necessarily need to ship from our distribution centers anymore. Scotch & Soda will deploy Nedap’s !D

Management 290

Management Fulfillment Inventory Management Shipping 290

Retail TouchPoints

MARCH 17, 2025

One of the most promising is a challenge that has bedeviled merchandisers, marketers and inventory managers for decades, if not centuries demand forecasting. For example, in the chemicals industry, if youre at 40% to 50% forecast accuracy, youre probably holding two to three times as much inventory as your peers.

Markdowns 216

Markdowns Inventory Management Marketing Consumer 216

Retail TouchPoints

SEPTEMBER 23, 2022

In internal fulfillment, the business handles the complete process of storing, packing and shipping. The company must have a warehouse to keep its inventory, and a logistics team to manage the goods for storing, ordering and shipping directly to stores/distributors or customers. Also, packaging can be fully customizable.

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Fulfillment Shipping Inventory Management Management 331

Inside Retail

JUNE 27, 2024

This is a comprehensive approach that extends beyond online sales to encompass various critical aspects of retail operations, with inventory management and pricing at its core. But the two channels had separate inventory tracking systems, leading to lost sales when stores couldn’t check what stock was where.

Inventory Management 260

Inventory Management Fulfillment Store Layout Shipping 260

Retail TouchPoints

JULY 27, 2021

The actualization of being able to buy, receive and return goods from virtually anywhere is now moving at warp speed. At the outset of your omnichannel strategy development, you’ll need buy-in from your senior executive team. It’s also important to examine reject rates for ship-from-store and buy online, pick up in-store purchases.

Shipping 312

Shipping Fulfillment Inventory Management Customer Experience 312

Retail TouchPoints

FEBRUARY 17, 2022

The retailer will use the platform to swiftly implement and improve a number of customer-facing innovations, including ship-to-store, same-day-delivery, social commerce and its Virtual Stylist program. Superior order management capabilities are at the center of today’s and tomorrow’s commerce solutions.”.

Social Commerce 278

Social Commerce Inventory Management Boutique Shipping 278

Independent Retailer

DECEMBER 23, 2022

Wholesale inventory bloat, combined with a softening demand in the economy, is taking its toll on cash flow and earnings at retailers. . billion of inventory in October, a 21% increase from last year, according to the U.S. “Seemingly overnight, shortages are flipping to inventory surpluses in certain categories.

Inventory Management 98

Inventory Management Wholesale Management Markdowns 98

Retail TouchPoints

NOVEMBER 17, 2023

Shipping delays and stockouts lead to frustration and disappointment, especially when logistical problems impact time-sensitive purchases, such as special occasion gifts, event tickets or prescription medications. In manufacturing, product substitution can be a valuable tool for optimizing inventory management.

Customer Experience 264

Customer Experience Inventory Management Fulfillment Inventory Turnover 264

Retail Focus

FEBRUARY 6, 2025

To meet this demand, retailers need a fully integrated point-of-sale system capable of handling refunds, restocking, and real-time inventory checks. By consolidating these systemsoften via cloud-based platformscompanies can offer accurate click-and-collect services, same-day shipping, and personalised product recommendations.

Payment Services 147

Payment Services Returns Technical Support Promotions 147

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. Next, take a hard look at your processes: What are you currently doing today? What would you like to do?

Merchant Services 279

Merchant Services Fulfillment Shipping Inventory Management 279

Retail TouchPoints

FEBRUARY 25, 2022

RFID-ticketed products are not yet required for drop-ship suppliers. FineLine Technologies is working with vendors that RFID source-tag at their factories, Davidson reported, and that now use the technology for automated outbound shipment verification and automatic advance shipping notification generation.

Drop-Shipping 304

Drop-Shipping Jewelry Shipping Inventory Management 304

Retail TouchPoints

JULY 15, 2022

In the longer term, it gave us this ability to grow and add things like ship-from-store, in-store pickup and same-day delivery through Shipt , which is another key component of what we wanted to do for last-minute gift givers.”. It was simple and I was able to make my party at the last minute and deliver an awesome gift like I hoped.’”

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Fulfillment Shipping Inventory Management Location 306

Retail TouchPoints

OCTOBER 3, 2023

It was at that point that putting the technology and operations in place to fulfill from an increasingly complex supply chain network embarked upon its next frontier. It was no longer enough to route orders to a handful of DCs and drop ship vendors.

Fulfillment 286

Fulfillment Drop-Shipping Shipping Markdowns 286

Inside Retail

MARCH 17, 2022

Unified commerce is the new holy grail for retailers, promising previously unheard-of levels of customer insights and control over all elements of sales and inventory management. Smarter inventory management enabled by unified commerce allows stores to resell the item or return it to the warehouse. Endless aisle.

Checkout 246

Checkout Drop-Shipping Payment Services Inventory Management 246

Retail TouchPoints

JUNE 6, 2023

Opportunity #1: Cost-efficient inventory management. When the amount of recommerce inventory grows, sourcing products can become a complex endeavor. Levi’s probably doesn’t have that issue, as it has created a recommerce model that streamlines inventory management.

Merchant Services 278

Merchant Services Inventory Management Shipping Consumer 278

RETAIL MANAGEMENT SOFTWARE

MARCH 20, 2025

Understanding how your shops perform in terms of inventory and ROI is essential to the success of any multi-store operation. What if we told you that you could successfully manage all of your stores’ inventory and ROI with one intuitive inventory management system? Start with: 1.

Management 101

Management Payment Services Inventory Management Store Operations 101

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. 3: Order accuracy. 4: Return rates.

Fulfillment 310

Fulfillment Returns Shipping Promotions 310

Retail TouchPoints

MARCH 11, 2021

The dramatic increase in ecommerce volume triggered by the pandemic increased many retailers’ topline revenues, but many are finding it difficult to contain the costs of new types of order fulfillment such as BOPIS, ship-from-store and curbside pickup, according to a report from Incisiv , commissioned by Manhattan Associates Inc.

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Fulfillment Inventory Management Returns Point of Sale 321

Inside Retail

JANUARY 11, 2022

Retailers are now investing significant resources into logistics, deploying the latest inventory management systems, automating warehouses and hiring hundreds of hardworking staff in an effort to pick, pack and ship online orders as quickly as possible. Using this stock to fulfil online orders is known as ship-from-store. .

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Shipping Fulfillment Inventory Management Location 200

Retail TouchPoints

MAY 15, 2023

Amazon has been overhauling its logistics network to “regionalize” where inventory is located across the U.S. in an effort to reduce delivery costs while maintaining the fast shipping speeds the company is known for, multiple sources report and Amazon has confirmed.

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Fulfillment Inventory Management Shipping Location 278

Retail Bound

APRIL 13, 2024

One of the topics that consistently comes up in the retail world is the logistics of shipping. From the manufacturers to the distributors, to your retail store – there are many factors and unexpected costs to consider during the shipping process that can be often overlooked. Choose a model that can scale with your growth trajectory.

Drop-Shipping 98

Drop-Shipping Shipping Merchant Services Payment Services 98

Retail TouchPoints

NOVEMBER 20, 2023

Optimize inventory management: Like damaged products and shipping errors, theft can negatively impact retail inventory management. Chamber of Commerce indicates that 75% of all employees have stolen from their employer at least once. Despite your efforts to hire good people, the U.S.

Payment Services 312

Payment Services Sporting Goods Inventory Management Loss Prevention 312

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. None of those three systems talked to each other, so we needed training for all three,” explained Hewitt.

Inventory Management 264

Inventory Management Point of Sale Promotions Jewelry 264

Retail Focus

MARCH 22, 2025

Solana, Near Protocol, and Stellar can all execute transactions at 1,077, 85.3, Transparency At any point in time, all partners involved can view the terms and conditions and also follow up on the progress of the smart contract. Ethereum, which is one of the biggest blockchains, can execute around 15 transactions per second (TPS).

Payment Services 130

Payment Services Supply Chain Management Inventory Management Shipping 130

Retail TouchPoints

JULY 13, 2023

“The biggest advantage that comes with [supply chain visibility] is knowing where you have stability in your supply chain,” said Balika Sonthalia, Senior Partner and Head of the Strategic Operations Practice for the Americas at Kearney in an interview with Retail TouchPoints.

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Drop-Shipping Fulfillment Shipping Wholesale 243

Retail TouchPoints

MAY 10, 2023

For consumer-packaged goods (CPG) brands wanting to lead their category at major retailers, it’s critical to be strategic and adaptable with a logistics strategy. Technology Leads to Category Leadership Shipping technology has significantly improved in recent years and is now a massive determinant of CPG brand success.

Shipping 278

Shipping Inventory Management Management Location 278

Retail TouchPoints

JANUARY 9, 2024

In 2020 he joined Alibaba, where he is now tasked with developing the company’s strategy and building platform-level solutions around international shipping, logistics, cross-border trade and global expansion. This will cause the channel to continue to narrow, further reducing ship traffic.

Merchant Services 286

Merchant Services Shipping Fulfillment Management 286

Retail TouchPoints

FEBRUARY 10, 2022

Over the course of her 30-year career, The Vitamin Shoppe CEO has held leadership roles at Godiva , Sally Beauty , Pier 1 , Bath & Body Works , Gap and The Disney Store. It’s been a while since she’s been on the front lines though — not since the late ‘80s to be exact, when she was a manager at Express.

Inventory Management 321

Inventory Management Beauty and Health Management Point of Sale 321

Inside Retail

NOVEMBER 6, 2023

As Zebra Technologies’ downloadable e-book Lift Productivity and Improve Execution for the Next-Gen Workforce explains, today’s customers want retailers’ workforces to pick their goods, pack them, ship them, deliver them and return them – all without diminishing in-store service.

Inventory Management 299

Inventory Management Management Promotions Shipping 299

Retail TouchPoints

JANUARY 6, 2021

You as a seller don’t have to deal with it at all — Amazon will inspect it, and if the product is in like-new condition, they’ll put it back on the warehouse shelf and make it available for sale again. If I order, for example, 100 radios from the factory and ship them to Los Angeles, they get checked in at Amazon’s warehouse.

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Fulfillment Shipping Inventory Management Returns 290

Retail TouchPoints

SEPTEMBER 19, 2023

With Salesforce’s 2023 holiday predictions forecasting that BOPIS (buying items online for in-store or curbside pickup) will influence $28 billion in incremental sales during the holiday season, retailers seeking to capitalize on this revenue opportunity need to ensure their store operations and inventory management practices are up to par.

Store Operations 278

Store Operations Shipping Fulfillment Store Layout 278

Inside Retail

JANUARY 12, 2022

Staff shortages and supply chain/delivery issues are the most pressing challenges facing retail businesses in Australia at present, according to an online poll conducted by the Australian Retailers Association (ARA). Other factors at play’.

Supermarket 246

Supermarket Shipping Inventory Management Management 246

Inside Retail

NOVEMBER 14, 2024

At no time of the year is there more pressure on retailers to get the customer journey right. In the intense retail environment, managing inventory effectively is the difference between delighting the customer at those peaks or missing out,” concludes Egglestone.

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Fulfillment Returns Customer Experience Management 130

Inside Retail

MARCH 7, 2024

Did having that insight into the way logistics companies operate help you implement best practices at Meshki? DPN: Starting at Meshki felt a bit like being thrown in at the deep end. Coming from a logistics background meant I had a headful of best practices but was handcuffed by our tech and capacity at the time.

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Fulfillment Shipping Returns Inventory Management 249