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Why Data Will Drive the Future of Inventory Management

Retail TouchPoints

Retailers acted with agility, changing the way they planned and managed inventory in a remarkably short time. Effective inventory management plays a vital role in this — and data-led solutions can make a real difference here. In the years to come, AI will prove extremely useful in supply chain management.

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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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Sam’s Club Adds Inventory Management Functions to In-Store Cleaning Robots

Retail TouchPoints

Sam’s Club will add Inventory Scan capabilities to its existing fleet of nearly 600 robotic scrubbers chainwide, in partnership with Brain Corp and Tennant Company. The robots will be able to capture data as they move through their respective store and deliver actionable reports to club managers.

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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.

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Scotch & Soda Taps RFID to Manage In-Store Inventory and Streamline Delivery

Retail TouchPoints

D Cloud inventory management platform throughout 162 stores, with the objective of increasing accuracy throughout the supply chain. In the future, Scotch & Soda plans to implement RFID at a distribution center to further streamline fulfillment processes. Scotch & Soda will deploy Nedap’s !D

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Five Essential Inventory Management Techniques For The Warehouse (And One Practice To Stop Immediately)

Retail TouchPoints

Inventory management starts — and only starts — with a warehouse management system (WMS). In practice, most out-of-box WMSs are not capable of managing the volume and complexity of workloads required in today’s retail environment. Managers need real-time data to fully safeguard the warehouse. Theoretically.