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 Minded

MARCH 20, 2025

Theft and Organized Retail Crime Retail theft continues to be a significant issue with significant shrinkage in inventory. In 2023, the inventory deficit was projected to be around 2% of net sales, notes The Wall Street Journal. The loss, due to the shrinkage, reached $142 billion in 2023, a 25% increase from the previous year.

Merchant Services 94

Merchant Services Payment Services Management Shrinkage 94

Retail TouchPoints

MAY 31, 2022

Smart mirrors are already in use at COS Beverly Hills and will roll out to additional locations later this year. 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.

Merchant Services 354

Merchant Services Checkout Shrinkage ATS 354

Retail Assist

OCTOBER 16, 2024

For growing retailers, managing inventory effectively is crucial to customer satisfaction, operational costs and growth potential. This can easily lead to stockouts, excess inventory and other issues that affect both profitability and reputation.

Inventory Management 52

Inventory Management Management Shrinkage Returns 52

Inside Retail

JANUARY 30, 2024

These technologies are helping retailers achieve efficiencies in operational functions including staff deployment and management, customer service, shrinkage reduction and lifecycle pricing. Lifecycle pricing inventory management Zebra Technologies also has products focused on inventory management and Lifecycle Pricing.

Loss Prevention 147

Loss Prevention Shrinkage Inventory Management Markdowns 147

Wiser

APRIL 23, 2019

Phantom inventory is particularly challenging because your inventory management system says the products are in-stock, but the shelves are empty. There are several potential causes of phantom inventory, including: . Smartphone-enabled shoppers can be leveraged to audit retail locations on your behalf.

Shrinkage 100

Shrinkage Inventory Management Fulfillment Location 100

RETAIL MANAGEMENT SOFTWARE

JULY 29, 2024

Improves online inventory accuracy: Automation speeds up online order fulfillment with digital pick paths. Inventory management technology provides real-time, precise item availability, price accuracy, and location, enhancing both in-store and online shopping experiences.

Inventory Management 111

Inventory Management Shrinkage Promotions Store Operations 111