Remove Customer Experience 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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Product Substitution: How Savvy Retailers and Manufacturers can Build Supply Chain Resiliency, Reduce Costs and Improve Customer Experiences

Retail TouchPoints

The letdown customers experience when their orders don’t arrive on time, or at all, results in uncertainty and distrust that’s difficult — if not impossible — to remedy. Retailers can expect that customers will turn to other vendors; once this happens, they’ve lost both the sale and the customer’s trust and loyalty.

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How AI is Revolutionising the Retail Sector

Retail Focus

Retailers are using AI in various ways to improve customer experiences, streamline operations, and gain valuable insights from data. By assessing historical sales data, weather patterns, local events, and other factors, retailers can gain insights to predict customer traffic and anticipated sales.

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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. Theoretically. Set Default Levels Using Demand Prediction.

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SES-imagotag Helps Retailers Connect Shelf Tags and Inventory Through the Cloud

Retail TouchPoints

Collectively, the VUSION suite of services are designed work together to promote agility, sustainability and an improved customer experience.

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Unlocking Retail Growth: The Power of Network Analytics for Strategic Insights

Retail TouchPoints

By examining this network traffic, retailers can gain valuable insights, such as the most frequented areas of a store, the effectiveness of digital signage, the efficiency of store layouts and even the performance of online versus in-store promotions. The potential of network analytics extends far beyond simple foot traffic analysis.

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Rogers & Hollands Boosts Customer Service With Mobile POS System

Retail TouchPoints

The retailer has utilized the mobile system to improve service efficiency and give its associates access to each customer’s transaction history, wish lists and preferences so that they can provide more personalized shopper interactions. BTM Global led the implementation.

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