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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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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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Why Is Inventory Management Important for Small Businesses?

National Retail Solutions

The Importance of Inventory Management for Small Businesses Inventory management refers to controlling the flow of products in and out of your business. This post […] The post Why Is Inventory Management Important for Small Businesses? appeared first on National Retail Solutions.

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Why Data Will Drive the Future of Inventory Management

Retail TouchPoints

Effective inventory management plays a vital role in this — and data-led solutions can make a real difference here. 3 issues holding retail back: Inefficient practices When swift and informed inventory decisions are required, manual, error-prone processes can seriously harm a business’ ability to react to changing situations.

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How Hot Topic and Lamps Plus Mastered Inventory Management and More

Retail TouchPoints

Another key challenge for Hot Topic’s inventory management system is ensuring its BOPIS options run smoothly even as it fulfills orders across multiple channels.

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Manhattan Associates Combines Fulfillment and RFID Solutions to Boost Inventory Management Efficiency

Retail TouchPoints

Manhattan Associates has enhanced its POS and store fulfillment solutions with handheld RFID support to assist with all inventory management and order fulfillment activities.

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Vallarta to Implement Integrated Inventory Management Solution

Retail TouchPoints

Vallarta Supermarkets will implement Logile IMS, an inventory management solution that will allow the Southern California regional supermarket chain to manage orders and receiving while also handling in-store production and service, via integration with the retailer’s forecasting and workforce management solutions.