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How Online Businesses can Master Inventory Management to Impact Operations

Retail TouchPoints

There’s an inventory sweet spot you’re always looking to achieve — not overstocking, not understocking, and still managing to keep up with changing buyer demands. Learning to master your inventory management processes can net significant bottom-line results in your ecommerce business.

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Trigo Raises $100 Million to Fuel Expansion of Cashier-Free Checkout Technology

Retail TouchPoints

Computer vision company Trigo has raised $100 million in a new equity financing round. enter new geographies and develop its store and inventory management software application suite, StoreOS. The solution provider will use the funding to scale deployment of autonomous urban supermarkets across Europe and the U.S.,

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The gift of inventory management this holiday season

I Vend

We can see the importance of inventory management during the three key stages of the holiday season: Preparation – before the holiday season rush, retailers need to plan and forecast to ensure they know what is most likely to sell, via which channel and in which stores. What is the role of hand-held devices in inventory management?

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It’s Official – Amazon is an Ecommerce Enabler First and a Retailer Second

Retail TouchPoints

Here’s a look at how Amazon is moving even further away from the domain of retailer with the debut of new services in supply chain management, shipping, banking, market research, product development, inventory management and more. Now qualified sellers can borrow more, up to $5 million.

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Excess Inventory: The Losers And Wieners

Retail TouchPoints

They too are sitting on piles of unsold inventory, and without e-Commerce channels to offset the decline in in-store traffic, we expect them to selectively bottom-fish for inventory or just sit on the sidelines completely. Applying Marketplace Dynamics To Excess Inventory. Prior to that, he spent over five years at Yahoo!

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David’s Bridal Shakes up Leadership Team with New COO and CFO

Retail TouchPoints

Viall will retain ownership of merchandising and product development functions and assume responsibility for the supply chain; and Kelly Cook, who joined David’s Bridal in 2019 as EVP, Chief Marketing and IT Officer, has been promoted to President of Brand, Technology and Finance.

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Victoria’s Secret swings to net income despite lower sales

Inside Retail

Victoria’s Secret swung to a net income despite lower sales in the fiscal second quarter, which an analyst attributes to better inventory management discipline and efficient cost control. The lingerie and perfume brand’s net income stood at $32.1 million while net sales fell 0.7 per cent year over year to $1.42