Independent Retailer

AUGUST 1, 2022

Having insufficient stock to fulfill demand results in missed sales, causes reputational damage, and sends customers to competitors. Next-generation analytical and planning tools interpret vast volumes of data so that retailers can predict and react to disruptions before they affect inventory levels. by Paula Biste.

Inventory Management 70

Inventory Management Management Inventory Turnover Supply Chain Management 70

Retail Gazette

MAY 7, 2024

It noted the “substantial improvement” in profitability was driven by lower fulfilment costs and successful inventory management, which contributed to a 1.3% Both of our growth vectors are strong and contributing to results, demonstrating the strength of our plans.” adjusted group EBIT margin. to £1.89bn (€2.2bn).

Fulfillment 115

Fulfillment Inventory Management Fashion Returns 115

Retail Smart Guys

DECEMBER 11, 2022

Facts about Inventory Management. The retail industry is constantly changing, and inventory management gives a better understanding of this inconsistent landscape. Most importantly, as a public company, documenting your inventory and management processes fulfills the requirement of concerned government agencies.

Inventory Management 52

Inventory Management Management Markdowns Fulfillment 52

Retail TouchPoints

JUNE 28, 2023

Taking steps now to prepare your warehouse for the increase in orders and to ensure fulfillment processes are optimized is essential to make your ecommerce peak season a success. Having adequate inventory to ship is job one for any ecommerce business. Another basic planning tenet is ensuring ample supplies are ordered for peak season.

Fulfillment 275

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. Plan before buying your inventory- Use your data to determine what you should order.

Inventory Management 92

Inventory Management Management Inventory Turnover Drop-Shipping 92

Retail Dive

FEBRUARY 21, 2023

Retail brands must rewrite their DTC inventory fulfillment strategy for “visibility first”

Inventory Management 98

Inventory Management Management Planning Fulfillment 98

Retail TouchPoints

APRIL 25, 2024

Mall operator Simon revealed big plans to expand its Woodbury Common Premium Outlet center in Fall 2023, including the addition of 155,000 square feet of retail stores and restaurants, a 200 -key luxury hotel, a second parking facility and upgraded amenities. powered AI technology to assist shoppers during the 2023 holiday season.

Inventory Management 263

Inventory Management Customer Experience Fulfillment Shopping 263

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. This real-time visibility allows businesses to optimise stock levels, prevent stockouts and fulfil orders efficiently.

Inventory Management 260

Inventory Management Fulfillment Store Layout Specialty Retailers 260

Retalon

AUGUST 14, 2023

Nearly 70% of retailers face challenges managing inventory due to relying on legacy processes. For executives in planning and merchandising roles, this leads to sleepless nights and the nagging feeling there must be a better way. Furniture inventory management software offers a smarter solution.

Inventory Management 41

Inventory Management Management Dead-Stock Inventory Turnover 41

Inside Retail

OCTOBER 29, 2024

When these systems are integrated effectively, they offer several key benefits: Operational efficiency: By connecting different tools – such as e-commerce platforms, inventory management systems, and shipping solutions – retailers can automate workflows, reduce manual tasks, and minimise the risk of errors.

Shipping 147

Shipping Inventory Management Inventory Turnover Fulfillment 147

Retail TouchPoints

SEPTEMBER 1, 2023

JCPenney is upgrading merchandising tools and supply chain operations to improve product availability as well as the overall fulfillment experience. New inventory management systems, among other tools, will support more accurate decision-making and efficiency, so the retailer can cater to customers’ unique needs.

Planning 260

Planning Merchant Services Inventory Management Consumer 260

Retail TouchPoints

JANUARY 13, 2023

Lululemon is in the process of rolling out a cloud-based RFID inventory management solution to its 600+ stores globally that will help the retailer optimize its in-store product assortments. Having a fully mobile cloud solution in our stores greatly contributes to this experience.

Inventory Management 289

Inventory Management Fulfillment Planning Management 289

Retail TouchPoints

NOVEMBER 17, 2023

Applying this practice, retailers can proactively troubleshoot stockouts and delays to ensure that customers’ orders can still be fulfilled to their satisfaction in a timely manner. 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 Pro

MARCH 25, 2021

As restrictions on business lift one year from the start of covid-19, retailers consider how to adapt their inventory strategies, with the popularity of BOPIS and need for inventory and data visibility.

Fulfillment 89

Fulfillment Planning Inventory Management Management 89

Retail TouchPoints

FEBRUARY 3, 2021

D Cloud inventory management platform throughout 162 stores, with the objective of increasing accuracy throughout the supply chain. We can now use our stores as mini-DCs and use stock from the shop floor and back-of-house for web order fulfillment as well.”. Scotch & Soda will deploy Nedap’s !D

Management 290

Management Fulfillment Inventory Management Shipping 290

Inside Retail

NOVEMBER 14, 2024

They trust your business to fulfil their purchases on time and in full – and for returns to be convenient. Supply chain predictability is everything,” asserts Egglestone: “If you don’t have the systems to deliver inventory during peak trading periods, customers will go elsewhere, which puts their loyalty to the test. “In

Fulfillment 130

Fulfillment Returns Customer Experience Management 130

Retail TouchPoints

JANUARY 30, 2023

As such, the store itself features a “completely reimagined” layout and inventory management system developed to enable “accurate and affordable grocery pickup in minutes.” Consumers purchase groceries through the Addie’s app or website and then choose a pickup window.

Grocer 312

Grocer Planning Supermarket Inventory Management 312

Inside Retail

JULY 22, 2021

The warehouse, situated in Ravenhall, Victoria, will serve Myer’s stores and online efforts, will hold over 100,000 SKUs, and is key to the next phase of the department store’s ‘Factory to Customer’ initiative – and is another important step in the ongoing ‘Customer First Plan’ according to chief executive John King.

Markdowns 246

Markdowns Department Stores Fulfillment Inventory Management 246

Retail TouchPoints

JULY 29, 2020

“The first prong is data modernization, because every system and everything in the digital world relies on data governance, data management and data trustworthiness,” she said. “We The second prong was replacing foundational systems, such as the company’s legacy enterprise resource planning (ERP) system. “It

Planning 317

Planning Wholesale Customer Experience Store Operations 317

Retail Assist

OCTOBER 28, 2024

Essential for businesses dealing with inventory and distribution, a WMS enables real-time tracking of stock, organises and optimises warehouse space and ensures accurate and efficient order fulfilment. Retailers and distributors rely on WMS solutions to overcome common challenges in inventory management and order fulfilment.

Management 52

Management Inventory Management Fulfillment Shipping 52

Retail Assist

OCTOBER 28, 2024

Essential for businesses dealing with inventory and distribution, a WMS enables real-time tracking of stock, organises and optimises warehouse space and ensures accurate and efficient order fulfilment. Retailers and distributors rely on WMS solutions to overcome common challenges in inventory management and order fulfilment.

Management 52

Management Inventory Management Fulfillment Shipping 52

Retail TouchPoints

OCTOBER 6, 2023

With the bustling holiday shopping season nearing, many brands have spent the last several months assessing their operational strengths and weaknesses, particularly in logistics and fulfillment. Oftentimes, these hinge on the synergy between a brand and its third-party logistics (3PL) provider. 1: Demand forecasting. 2: Order cycle time.

Fulfillment 310

Fulfillment Returns Shipping Promotions 310

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. Can you fulfill the orders in a timely manner?

Fulfillment 331

Fulfillment Shipping Inventory Management Management 331

Retail TouchPoints

JUNE 29, 2021

DTC retailer Faherty Brand is implementing the NewStore Omnichannel Platform to unify its digital and physical retail operations as the company plans to expand its brick-and-mortar footprint across the U.S. Our brand is a true labor of love,” said Alex Faherty, Co-founder and CEO of Faherty Brand in a statement. “As

Clienteling 213

Clienteling Inventory Management Checkout Fulfillment 213

Inside Retail

JULY 14, 2024

With the peak trading period only a few months away, now is truly the time for retailers to double down and invest their efforts into optimising their inventory and fulfillment operations. Walmart has been using advanced AI technology to optimise inventory management for a few years already.

Shopping 130

Shopping Fulfillment Shipping Inventory Management 130

Inside Retail

FEBRUARY 8, 2024

Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added. Over the last five years as CEO, King has been enacting his ‘customer-first plan’ which has re-established Myer as Australia’s 8th most trusted brand, according to Roy Morgan.

Department Stores 264

Department Stores Inventory Management Planning Returns 264

Retail TouchPoints

JULY 13, 2023

However, with retailers feeling more pressure to streamline omnichannel fulfillment, supply chain visibility has risen to the top of the priority list. While leveraging marketplaces and other wholesale partners can boost sales and name recognition, it also adds a whole extra layer of complexity to inventory management.

Drop-Shipping 243

Drop-Shipping Fulfillment Shipping Wholesale 243

Retail TouchPoints

FEBRUARY 11, 2021

As the first step in a planned three-year, $250 million technology upgrade, Bed Bath & Beyond will deploy Oracle Cloud as its Enterprise Resource Planning (ERP) solution, providing the retailer with real-time financial, supply chain and merchandising solutions.

Inventory Management 173

Inventory Management Space Planning Fulfillment Planning 173

Retail Focus

AUGUST 8, 2023

Order Fulfillment When outsourcing, retailers can benefit from streamlined inventory management, order processing, and shipping. Third-party logistic experts possess the infrastructure, expertise, and technology required to handle outsourcing order fulfillment with precision.

Loss Prevention 130

Loss Prevention Inventory Management Inventory Turnover Shipping 130

Inside Retail

JANUARY 15, 2023

We believe there are six key strategic pillars, which should be taken into account to ensure your organisation is on the right track for supply chain resilience: Redesign your fulfilment network and your merchandise planning function for multi-channel fulfilment.

Inventory Management 130

Inventory Management Fulfillment Customer Experience Planning 130

Retail TouchPoints

DECEMBER 12, 2023

In addition to this timing variation, over 60% of shoppers plan to do their browsing online, yet 85% expect to buy at least one product in a store. Keeping in mind as well the need to optimize their supply chain fulfillment to meet consumer delivery expectations while managing parcel carrier costs?

Markdowns 278

Markdowns Retailing Pricing Promotions Fulfillment 278

I Vend

NOVEMBER 7, 2023

Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail. So inventory management is essential. Retail technology can streamline inventory management by enabling retailers to accurately track goods from delivery to sale through to returns.

Inventory Management 97

Inventory Management Point of Sale Management Returns 97

Retail TouchPoints

DECEMBER 28, 2022

A growing retail and ecommerce business can turn an efficient process into a multi-step nightmare with inaccurate purchasing, order fulfillment and returns processes. Hence the undeniable need for robust warehouse management technologies that are future-focused and effortlessly scalable. Sophisticated Automation. System Automation.

Management 279

Management Fulfillment Drop-Shipping Employee Engagement 279

Retail TouchPoints

JULY 14, 2023

Details matter, from the initial landing page to order fulfillment through to delivery and aftercare. Although brands won’t have full control of the customer experience in this type of shopping model, they will be able to control inventory and fulfillment orders.

Fulfillment 244

Fulfillment Dead-Stock Customer Experience Inventory Management 244

Inside Retail

APRIL 4, 2023

Walmart on Tuesday said it expects about 65 per cent of its stores to be serviced by automation by the end of its fiscal year 2026, just days after revealing plans to lay off more than 2,000 people at facilities that fulfill online orders. million US workers and another 60,000 abroad.

Fulfillment 130

Fulfillment Inventory Management Planning Management 130

Retail TouchPoints

SEPTEMBER 12, 2023

It typically involves manufacturing, global and local logistics, storing products in bulk and distribution to multiple sales channels — and then fulfillment and that last-mile delivery that FBA offers.” Once it’s live, it will enable sellers to streamline their inventory management.

Merchant Services 299

Merchant Services Fulfillment Inventory Management Location 299

Retail TouchPoints

JULY 26, 2021

Building an online presence starts with a well-designed website supported by an effective digital marketing plan. A tech stack is the ecosystem of hardware and software platforms needed to manage the DTC order fulfillment process from end to end. Fulfillment and Returns. Web Design & Development.

Wholesale 279

Wholesale Payment Services Fulfillment Returns 279