Inside Retail

MARCH 21, 2024

When UK and Irish discount book, games and toy retailer The Works set out to improve the accuracy and efficiency of its inventory management across its stores it turned to Zebra Technologies to revolutionise its back-end management system. Customers want immediate fulfilment.

Inventory Management 130

Inventory Management Management Fulfillment Promotions 130

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 Smart Guys

SEPTEMBER 12, 2023

When it comes to inventory management, it’s easy to get lost in spreadsheets, logistics, and technology. People skills in inventory management play a pivotal role in ensuring the efficient flow of goods, maintaining team morale, and fostering strong customer relationships.

Inventory Management 105

Inventory Management Management Markdowns Customer Retention 105

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. Do you have enough stock on hand?

Inventory Management 111

Inventory Management Management Inventory Turnover Drop-Shipping 111

Retail TouchPoints

APRIL 1, 2025

Aldi uses the same technology to help employees more quickly fulfill curbside pickup orders. Here in the U.S., this includes tapping Aldis In-Store mode to help shoppers better navigate aisles, find in-store deals and even check if the item they want is in stock.

Grocer 147

Grocer Checkout Point of Sale Advertising 147

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 TouchPoints

JULY 26, 2021

A tech stack is the ecosystem of hardware and software platforms needed to manage the DTC order fulfillment process from end to end. Since your WMS must integrate with all of these systems, an experienced third party logistics (3PL) and fulfillment provider can help recommend the right components and partners for your type of business.

Wholesale 279

Wholesale Payment Services Fulfillment Returns 279

Retail TouchPoints

JANUARY 6, 2021

Jon Elder gives credit where it’s due: selling on the Amazon Marketplace and using Fulfillment by Amazon (FBA) services offer brands enormous opportunities. (Of The combination of access to many millions of potential customers and the warehousing, fulfillment and returns services bundled under FBA is a powerful one, according to Elder.

Fulfillment 290

Fulfillment Shipping Inventory Management Returns 290

RETAIL MANAGEMENT SOFTWARE

OCTOBER 22, 2024

Enhanced Inventory Management Effective inventory management is vital for retail success. A centralized database provides retailers with a comprehensive view of stock levels across all stores, warehouses, and online platforms, allowing them to make informed decisions regarding inventory replenishment and distribution.

Inventory Management 111

Inventory Management Location Management Supply Chain Management 111

Retail TouchPoints

DECEMBER 12, 2023

In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? 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

Retail TouchPoints

MAY 17, 2024

For example, loyal individuals who don’t have a high return rate can be rewarded with discounts and promotions to encourage them to continue on this path. Inventory optimization. Another way AI can assist is with inventory management solutions, with it recommending the most efficient way to manage a return.

Returns 278

Returns Fulfillment Inventory Management Apparel 278

Retail TouchPoints

AUGUST 5, 2024

“For example, if a customer does a product return at the register, and then [the product] gets reintroduced into inventory — all those steps are built into the process now. Additionally, Jumpmind built an inventory management tool into the POS, so we can transfer product, receive product and do cycle counts — it’s all baked in now.”

Inventory Management 264

Inventory Management Point of Sale Promotions Jewelry 264

Retail TouchPoints

SEPTEMBER 22, 2022

After a couple of years of getting really scrappy to leverage the store in new and creative ways, particularly around fulfillment, retailers are looking to figure out how to automate and create scale. Kramer expects this to be offset by more promotional activity, which he called “one of the more significant levers that retailers can pull.”

Promotions 246

Promotions Fulfillment Inventory Management Drop-Shipping 246

I Vend

OCTOBER 26, 2024

Inventory is a big part of your retail business investment – up to 80% of the total in some cases. Flawless inventory management is therefore one of the most effective things you can do in order to reduce costs and maintain smooth operations. Learn about our integrated POS, inventory management and smart replenishment.

Inventory Management 52

Inventory Management Point of Sale Management Markdowns 52

Inside Retail

AUGUST 10, 2022

Developing and refining strategies within the following five action areas can help secure and fortify positioning on the digital shelf: Connect products to more channels Market at the right time Sell wherever consumers shop Optimise every channel Fulfil customer expectations.

Advertising 246

Advertising Fulfillment Shipping Inventory Management 246

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 28, 2025

Fulfillment: Speed and Efficiency at the Core In today’s retail environment, providing fast and efficient order fulfillment is non-negotiable. Retailers are investing in technologies that streamline checkout, improve in-store fulfillment, and integrate digital systems to speed up operations.

Inventory Management 52

Inventory Management Payment Services Fulfillment Customer Experience 52

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. This helps minimize stockouts or overstocks during peak seasons.

Fulfillment 244

Fulfillment Dead-Stock Customer Experience Inventory Management 244

Retail TouchPoints

FEBRUARY 20, 2025

This also includes functionality such as an API for retailers that allows Instacart Shoppers to signal when inventory is running low or out of stock. One answer is that the connected capabilities of the cart allow retailers to provide customers with more relevant promotions and recommendations. But what exactly is driving this?

Grocer 191

Grocer Shopping Consumer Management 191

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

Retail TouchPoints

NOVEMBER 18, 2021

Contemporaneous inventory capabilities, enabling a consistent view of stock availability across every internal and external-facing channel. Optimized supply chain management to avoid stockouts and overstocking. A fast, flexible and responsive fulfilment process. Embrace the Need for Speed . Expect the Unexpected.

Supply Chain Management 264

Supply Chain Management Fulfillment Shipping Consumer 264

Retail TouchPoints

OCTOBER 6, 2022

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces. How Farfetch Boosted Customer Satisfaction 25% with Customer-Centric AI.

Merchant Services 287

Merchant Services Payment Services Promotions Location 287

Inside Retail

FEBRUARY 8, 2024

Like many retailers, we have had to contend with inflationary pressures and greater promotional cadence, which has had an impact on profits,” said King. Our focus remains on seeking to drive further and sustainable cost efficiencies and inventory management,” he added.

Department Stores 264

Department Stores Inventory Management Planning Returns 264

Retail TouchPoints

JANUARY 20, 2022

Customers also can choose to share additional information such as their style, fit and other preferences in order to receive more refined recommendations, and they’ll receive notifications of in-store promotions curated to their preferences. There will be humans working the store too.

Payment Services 263

Payment Services Apparel Inventory Management Department Stores 263

Retail TouchPoints

OCTOBER 22, 2021

Diverse delivery methods : Offer a wide range of fulfillment and delivery options. There are also distinct services for accounting, inventory management, email and marketing automation, analytics and so on. After your site is ready, there is one more step – developing a marketing promotion strategy.

Payment Services 264

Payment Services Inventory Management Promotions Checkout 264

Retail TouchPoints

OCTOBER 14, 2021

That’s a key reason that the the holiday promotions cycle has kicked off earlier than ever before , with Amazon, Walmart and Target leading the charge. There’s another advantage to earlier-than-usual holiday promotions. Early Birds Get the Products. In a world where things were normal you could place POs [purchase orders] on Nov.

Marketing 299

Marketing Promotions Consumer Customer Experience 299

I Vend

APRIL 2, 2025

They expect to be able to earn and redeem loyalty points in the same way regardless of how they shop and receive promotions that apply online and in the brick and mortar store. This seamless integration of online and in-store shopping is known as omnichannel and its a part of any strong retail management solution.

Management 52

Management Payment Services Inventory Management Point of Sale 52

Inside Retail

SEPTEMBER 5, 2021

This can be seen in T2’s approach to pricing and promotions, which is now consistent across stores and online, and inventory management. . “As consumer buying behaviour changes, we identified a need to both maintain what is special about T2, but also [create] a far more seamless online-offline [experience].”.

Inventory Management 240

Inventory Management Fulfillment Promotions Planning 240

Retail TouchPoints

JUNE 26, 2023

A number of major retailers have had some form of adoption because of its ability to materially improve inventory management, but it hasn’t offered the same benefit to the customer experience. For example, a customer can scan a 2D barcode on a package of pasta sauce and instantly view ingredients, allergens, recipes and promotions.

Merchant Services 279

Merchant Services Inventory Management Grocer Customer Experience 279

Retail TouchPoints

JULY 17, 2023

Inventory management. With innovative inventory tools, retailers can always be sure the necessary goods are in stock in a particular store. Customers use the transmitted data to ensure their goods are safely transported and the delivery complies with healthcare industry regulations. Self-checkout.

Payment Services 246

Payment Services Checkout Inventory Management Customer Experience 246

Retail TouchPoints

MAY 31, 2022

In-Store Inventory Management. When combined with tech such as IoT-embedded sensors, 5G will enable retailers to have a real-time view of store inventory, allowing for faster restocking when shelves are running low. “I In fact, H&M Group ‘s COS recently announced the rollout of smart mirrors at its U.S.

Merchant Services 354

Merchant Services Checkout Shrinkage ATS 354

Retail TouchPoints

JULY 18, 2023

To fulfill its mission of providing “Fun for All,” the retailer has implemented a localized merchandising strategy that spans a portfolio of leading national and private label brands across outdoor, apparel, footwear, and sports and recreation categories. Since its inception in 1938, Academy has grown to include 270 stores in 18 states.

Outdoor 235

Outdoor Markdowns Apparel Fulfillment 235

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 27, 2025

It has become increasingly difficult to accurately predict demand thanks to factors like evolving customer expectations, influence from social media and economic and political fluctuations, as well as supply chain disruptions and returns that can severely disrupt demand forecasting and inventory management.

Shipping 130

Shipping Consumer Inventory Management Returns 130

Retail TouchPoints

JULY 14, 2021

“If both parties began looking at a variety of data sets, but through the same lens, there would be much more strategic alignment and much less of a disconnect visible in inventory management,” noted Melissa Minkow, Retail Industry Lead at CI&T in an interview with Retail TouchPoints.

Inventory Management 264

Inventory Management Grocer Consumer Planning 264

Retail TouchPoints

JANUARY 25, 2022

This is a direct and relatively simple means to take consumers to experiential landing pages where retailers and brands can share information about products, including new launches, recipes, instructions, promotions and more. 4) Think Big: Improve supply chain and inventory management. 5) Thing Big: Improve order fulfillment.

Management 264

Management Marketing Customer Experience Inventory Management 264

Retail Focus

JUNE 22, 2023

Optimize Your Inventory Management System Optimizing your inventory management system is the foundation for faster delivery. By integrating real-time tracking with inventory management and order processing, you can optimize internal operations while enhancing customer trust and satisfaction levels.

Inventory Management 130

Inventory Management Shipping Fulfillment Management 130

Retail Focus

SEPTEMBER 7, 2021

The first affects stock inventory management. Planning localised levels of stock on a short-term basis can go some way to achieving this, while more accurate inventory forecasting can optimise reordering to reduce replenishment timescales. The second level of contingency planning involves personnel resourcing strategies.

Inventory Management 147

Inventory Management Supply Chain Management Shipping Planning 147