I Vend

FEBRUARY 6, 2023

This lack of inventory costs retailers an estimated up to 8% of revenue in lost sales. iVend Retail Inventory Management Inventory management drives store efficiency and customer experience. Read about iVend’s smart retail technology for inventory management.

Inventory Management 98

Inventory Management Management Shrinkage Returns 98

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 283

Inventory Management Fulfillment Planning Management 283

Retail TouchPoints

APRIL 25, 2024

Even though many shopping malls have been going through an “identity crisis,” Simon has been working to enhance the customer experience at its centers, using Dropit to offer omnichannel inventory management and fulfillment capabilities in September 2023 and equipping “helper elves” with ChatGPT 4.0-powered

Inventory Management 260

Inventory Management Customer Experience Fulfillment Shopping 260

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 274

Store Operations Shipping Fulfillment Store Layout 274

Retail TouchPoints

AUGUST 5, 2024

In fact, the 2023 Retail TouchPoints Store Operations Survey found that among the 82% of respondents who have armed associates with mobile devices, 59% saw improved employee productivity while 50% saw improved cross-sells and upsells. “For The retailer also has tapped Jumpmind’s Promote application for managing deals and promotions.

Inventory Management 261

Inventory Management Point of Sale Promotions Jewelry 261

Retail TouchPoints

FEBRUARY 25, 2022

In some cases, he added, “Vendors who are fulfilling shipments from their own distribution centers are using this RFID-powered inbound-outbound logistics solution to streamline receiving and increase shipment accuracy.”

Drop-Shipping 299

Drop-Shipping Jewelry Shipping Inventory Management 299

Retail TouchPoints

JULY 29, 2020

After investigating multiple solutions over a period of months, Burton selected the NewStore Omnichannel Platform, which provides mobile POS through iPhone apps and gives personnel on the retail floor visibility into customer, product and inventory data. It’s really a holistic approach,” she said. “We

Planning 314

Planning Wholesale Customer Experience Store Operations 314

Retail TouchPoints

FEBRUARY 12, 2021

According to the researchers at the Auburn University RFID Lab, a typical brick-and-mortar retailer without RFID has about 60% SKU-level accuracy, which is simply not acceptable anymore to keep up with consumer demands for speedy fulfillment and a wide product selection. RFID can raise inventory visibility up to 99%. RFID and Beyond.

Fulfillment 281

Fulfillment Markdowns Inventory Management Customer Experience 281

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 .

Supply Chain Management 261

Supply Chain Management Fulfillment Shipping Inventory Management 261

Retail TouchPoints

DECEMBER 12, 2023

Keeping in mind as well the need to optimize their supply chain fulfillment to meet consumer delivery expectations while managing parcel carrier costs? With AI, where the nuances of pricing and fulfillment between brick-and-mortar and online sales can be analyzed, the answer is yes.

Markdowns 274

Markdowns Retailing Pricing Promotions Fulfillment 274

Retail TouchPoints

FEBRUARY 11, 2021

The technology investment will enable Bed Bath & Beyond to use analytics and automation to support improvements in merchandising and inventory management, product lifecycle management, retail space planning and optimization, the launch of additional private-label brands, and real-time tracking of merchandise fulfillment within the supply chain.

Inventory Management 167

Inventory Management Space Planning Fulfillment Planning 167

Retail TouchPoints

FEBRUARY 10, 2022

Leite’s experience on the show not only amplified her “people-first” leadership philosophy, but also prompted a number of investments to address problems she uncovered while undercover, including: $500,000 on product education for store associates, known as Health Enthusiasts; $1.5 million on inventory management solutions; $1.2

Inventory Management 317

Inventory Management Beauty and Health Management Point of Sale 317

Retail TouchPoints

SEPTEMBER 22, 2022

There’s also the hidden cost around omnichannel operations. 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. But the hidden costs will be around the store and marketing.

Promotions 246

Promotions Fulfillment Inventory Management Drop-Shipping 246

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.

Payment Services 246

Payment Services Checkout Inventory Management Customer Experience 246

Retail TouchPoints

AUGUST 29, 2024

Simply put, the costs of readers have come down substantially, and the benefits for stores are even larger than before. Most retailers are now rolling out RFID inventory management use cases like receiving, adjustments and cycle counting via handheld reader. Let’s start with the costs.

Customer Experience 292

Customer Experience Shipping Inventory Management Management 292

Retail TouchPoints

JULY 28, 2020

There are new and innovative ways to marry personal computing devices, gesture recognition technology, merchandising creativity and inventory management to create a new world of retail that’s an inviting, engaging and safe space for thriving retail commerce — as well as the sometimes-elusive emotional connection between shoppers and brands.

Fulfillment 251

Fulfillment Inventory Management Payment Services Consumer 251

RETAIL MANAGEMENT SOFTWARE

JULY 29, 2024

Many retailers see a 4x return on their initial investment within a few months, thanks to broad applications spanning store operations, supply chain, e-commerce, and vendor relationships. In North America, 60% of items believed to be out-of-stock are actually in the store, highlighting the need for automation.

Inventory Management 111

Inventory Management Shrinkage Promotions Store Operations 111

Retalon

AUGUST 14, 2023

Furniture inventory management software offers a smarter solution. It provides real-time visibility into your inventory movements across the supply chain. This article explores how furniture inventory management software can unlock new levels of efficiency and competitiveness for modern retailers.

Inventory Management 41

Inventory Management Management Dead-Stock Inventory Turnover 41

Retail TouchPoints

MAY 3, 2023

Incorporating digital showrooms can support in-store inventory management and a more seamless omnichannel experience for customers as well. Leveraging AR and VR technology can allow customers to virtually test or try on products before purchasing to reduce their carbon footprint.

Visual Merchandising 274

Visual Merchandising Consumer Inventory Management Customer Experience 274

Retail TouchPoints

FEBRUARY 21, 2023

Better communication between in-store staff, store managers and supply chain personnel via 5G devices will allow for responding to customer queries. 5G-enabled tools can allow for order picking and inventory management. Connected devices also allow for personalization and improved customer service.

Sporting Goods 261

Sporting Goods Payment Services Point of Sale Shrinkage 261

Retail TouchPoints

FEBRUARY 24, 2021

D Cloud RFID inventory-management software. The retailer can track stock levels at each store and warehouse in real time, enabling online stores to reflect accurate stock levels at all sites. “The entire store process cycle is now supported by RFID, to guarantee data in real time,” said Gutiérrez.

Fulfillment 144

Fulfillment Point of Sale Fashion Fast Fashion 144

Clover - Retail

OCTOBER 10, 2024

To avoid burnout, try proactively managing your stress and energy. To help you manage your energy over the long shopping season, delegate to other team members early and add automation tools–like Clover inventory management and other apps from the Clover App Market –like Order Paper –to keep things running smoothly.

Merchant Services 110

Merchant Services Promotions Inventory Management Payment Services 110

Inside Retail

SEPTEMBER 15, 2021

Trax is enabling its retailer customers to leverage and thereby optimise their in-store execution strategy and product availability. “We With Trax data and insights, customers gain granular, SKU-level visibility to changing store conditions and this is enabled by our technology platform based on computer vision and machine learning. “We

Inventory Management 130

Inventory Management Promotions Consumer Planning 130

Wiser

OCTOBER 10, 2024

However, implementing BOPIS isn’t without its challenges, particularly for CPG brands that need to balance online and in-store inventory demands. The Effects of BOPIS on CPG Brands Inventory Management Challenges One of the most significant impacts of BOPIS on CPG brands is the complexity it adds to inventory management.

Inventory Management 78

Inventory Management Management Consumer Promotions 78

RETAIL MANAGEMENT SOFTWARE

DECEMBER 24, 2021

Retention takes center stage for retail businesses ; retailers can enhance their post-purchase experiences, streamline fulfillment, and increase their communications with current customers. New Look Stores. Emphasizing micro-fulfillment & smart delivery. The race for Prime CX is the new battleground.

Retail Trends 111

Retail Trends Consumer Payment Services Fulfillment 111

I Vend

OCTOBER 14, 2021

Changing Models of Modern Retail Other industry experts point to a surge in dispensing volumes, combined with a change in store operational patterns – for example, retail stores in airports have been shut, whilst those in residential communities have been doubly busy.

Inventory Management 98

Inventory Management Fulfillment Store Operations Management 98

365 Retail

JUNE 5, 2024

Luckily, new technology offers solutions to streamline retail store operations, boost operational efficiency, and provide top-notch service. Optimizing Inventory Management Proper inventory control is crucial for any retail business. Enter smart inventory management systems.

Payment Services 52

Payment Services Inventory Management Checkout Inventory Turnover 52

RETAIL MANAGEMENT SOFTWARE

AUGUST 5, 2024

Running a successful home decor and furniture store requires more than just a keen eye for style and a passion for helping customers find their dream pieces. Behind the scenes, efficient inventory management, order fulfillment, and customer relationship management are crucial for a thriving business.

Payment Services 52

Payment Services Inventory Management Inventory Turnover Fulfillment 52

Retalon

SEPTEMBER 22, 2021

Instead of only shipping to customers’ homes, retailers let online customers shop from their local and online store’s inventory and pick up their orders from their closest brick-and-mortar location the same day. A retail fulfillment process that is known as BOPIS — Buy Online, Pickup In-Store. What is BOPIS?

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41

Retail Next

NOVEMBER 14, 2019

Manage store inventory and billing with an effective POS system. When you go omnichannel, order fulfillment is everything: if a product is out of stock in the warehouse, place an online order from the store; or let orders be picked up at the store when available. Flag poorly performing channels.

Checkout 52

Checkout Location Fulfillment Management 52

Theatro

APRIL 5, 2023

In both cases, Sunshine Ace Hardware lacked the necessary technology to set up a fully connected workforce and eliminate the communication gaps that were negatively impacting employee engagement, productivity, responsiveness, and store operating efficiencies. If they can get faster service somewhere else, they’ll go there.

Employee Engagement 52

Employee Engagement Management Accounting Location 52

Retail TouchPoints

MAY 30, 2023

Bouclair has rolled out a new POS platform in its 54 stores across Canada. The PredictSpring solution includes both stationary and mobile POS applications along with clienteling, omnichannel commerce and inventory management capabilities.

Home Furnishings 291

Home Furnishings Clienteling Inventory Management Fulfillment 291

M19 Retail

OCTOBER 15, 2024

Alterra, known for its commitment to providing exceptional outdoor experiences, sought to enhance its retail operations across multiple facets as well as to centralize systems across all their resorts. It also supports the vision of expanding the business by relying on the unified platform across all resorts.

Merchant Services 52

Merchant Services Inventory Management Point of Sale Supply Chain Management 52

M19 Retail

OCTOBER 17, 2023

Alterra, known for its commitment to providing exceptional outdoor experiences, sought to enhance its retail operations across multiple facets as well as to centralize systems across all their resorts. This will result in improved stock accuracy and a more efficient supply chain across 10+ resorts and 140+ retail locations.

Merchant Services 40

Merchant Services Point of Sale Inventory Management Checkout 40

Retail TouchPoints

NOVEMBER 19, 2021

Now, on top of the usual challenges that retailers face — fickle consumers, stiff competition, product availability and pricing pressures/low margins — they must go above and beyond to fulfill shopper demands. But they can only make these changes — and fulfill shopper expectations — by using data and analytics.

Fulfillment 300

Fulfillment Jewelry Consumer Inventory Management 300

RETAIL MANAGEMENT SOFTWARE

OCTOBER 3, 2022

Brands and retailers are connecting with consumers in-store through e-commerce, social media, mobile apps, seasonal kiosks, third-party marketplaces, and more. Consumers are looking for faster and more convenient fulfillment options, as well as personalized assortment and promotions, which is now the norm.

Customer Retention 110

Customer Retention Inventory Management Customer Experience Kiosk 110

Retail TouchPoints

NOVEMBER 5, 2024

Many elements of supermarket operations have to work in harmony for digital grocery shopping to succeed, from sophisticated order management and inventory management solutions that operate in real time as well as efficient methods for picking, packing and delivering orders to shoppers, either via home delivery or in the store’s parking lot.

Supermarket 271

Supermarket Shopping Consumer Merchant Services 271