RETAIL MANAGEMENT SOFTWARE

SEPTEMBER 19, 2023

In the ever-evolving world of retail, efficient inventory management is the key to success. Retail Inventory Management Software, often abbreviated as RIMS, has become an indispensable tool for retailers of all sizes. What is Retail Inventory Management Software?

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Retail TouchPoints

JULY 13, 2020

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.

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Independent Retailer

AUGUST 1, 2022

Next-generation analytical and planning tools interpret vast volumes of data so that retailers can predict and react to disruptions before they affect inventory levels. Retailers had to revolutionize inventory and planning when the pandemic hit, and many businesses are still finding their feet in the post-pandemic economy.

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Inventory Management Management Inventory Turnover Supply Chain Management 70

Independent Retailer

DECEMBER 23, 2022

This is why inventory management is key, especially as retailers look to deal with unsold merchandise after the holidays. “Seemingly overnight, shortages are flipping to inventory surpluses in certain categories. Donate Excess Inventory. Adopt a Probabilistic Model of Inventory Management.

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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. Plan before buying your inventory- Use your data to determine what you should order.

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Retail Smart Guys

DECEMBER 11, 2022

Facts about Inventory Management. The retail industry is constantly changing, and inventory management gives a better understanding of this inconsistent landscape. Additionally, it helps in having a proper cash flow in your business since you are spending money on an inventory that sells and is not stagnant.

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DMS Retail

OCTOBER 1, 2021

In this new Inventory Management Workshop ONLINE , you’ll get the benefit of a comprehensive program which covers all aspects of the Buying, Inventory Control and Category Management functions as well as Online and Digital Marketing, and much more. Assortment Planning. What is Assortment Planning?,

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Retail Minded

MAY 3, 2023

Managing inventory is a crucial element of every retail business. Retailers know that inventory management is time-consuming and can pose difficulties. Thanks to technology-enabled best practices, managing inventory is easier than ever. Read on to learn the best practices in retail inventory management.

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DMS Retail

AUGUST 5, 2021

In this brand new Inventory Management Workshop ONLINE , you’ll get the benefit of a comprehensive program which covers all aspects of the Buying, Inventory Control and Category Management functions as well as Online and Digital Marketing, and much more. Assortment Planning. What is Assortment Planning?,

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Retail TouchPoints

MARCH 17, 2023

Mattress retail conglomerate Serta Simmons Bedding (SSB) — the owner of brands including Serta , Simmons , Beautyrest and Tuft & Needle — is working to transform its supply chain planning capabilities through a new partnership with Blue Yonder.

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Retail TouchPoints

NOVEMBER 30, 2023

Party City has launched a new digital party-planning marketplace, aptly called Party+ Marketplace , that brings together local vendors and service providers with the retailers’ range of party supplies.

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Retail Smart Guys

OCTOBER 18, 2022

Every retailer aims to have solid inventory planning. Finding the right balance is possible with an open-to-buy plan (OTB). billion due to inventory imbalance. Hence, it is vital to deal with inventory management dilemmas by utilizing an open-to-buy plan to keep a positive business cash flow.

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Retalon

AUGUST 14, 2023

Does your retail business struggle with outdated inventory systems and cumbersome spreadsheets? Nearly 70% of retailers face challenges managing inventory due to relying on legacy processes. For executives in planning and merchandising roles, this leads to sleepless nights and the nagging feeling there must be a better way.

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Retail TouchPoints

JANUARY 18, 2022

Sheetz , a convenience store chain with 630 stores across six states, has chosen the RELEX Solutions unified retail planning solution. Sheetz had sought technology that could support demand planning across its supply chain network within a single system.

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Planning Inventory Management Accounting Promotions 256

Independent Retailer

NOVEMBER 15, 2024

In this article, we’ll talk about retail management, what it is and why it’s important. This information will be useful to entrepreneurs and business managers who implement approaches aiming at streamline processes, improving customer service and reducing costs.

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Retail Dive

FEBRUARY 21, 2023

Retail brands must rewrite their DTC inventory fulfillment strategy for “visibility first”

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Retail Assist

OCTOBER 28, 2024

What is a Warehouse Management System (WMS)? A Warehouse Management System (WMS) is specialised software that streamlines and manages daily warehouse operations. Retailers and distributors rely on WMS solutions to overcome common challenges in inventory management and order fulfilment. Why is a WMS Important?

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Retail Assist

OCTOBER 28, 2024

What is a Warehouse Management System (WMS)? A Warehouse Management System (WMS) is specialised software that streamlines and manages daily warehouse operations. Retailers and distributors rely on WMS solutions to overcome common challenges in inventory management and order fulfilment. Why is a WMS Important?

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Retail TouchPoints

DECEMBER 28, 2022

Hence the undeniable need for robust warehouse management technologies that are future-focused and effortlessly scalable. Best suited for small-scale businesses, system automation is used for rapid, data-driven decision-making to manage basic processes efficiently, alongside quality inspection.

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Management Fulfillment Drop-Shipping Employee Engagement 279

Retail TouchPoints

FEBRUARY 3, 2021

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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Management Fulfillment Inventory Management Shipping 290

Wiser

OCTOBER 29, 2024

Consumers often plan their shopping journeys around what’s in stock, and inaccurate inventory information can quickly lead them to turn to competitors. Invest in Real-Time Inventory Management Systems: Utilize integrated systems that sync inventory data across all channels in real-time.

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Retail TouchPoints

JANUARY 11, 2022

The retailer plans to open two stores in Austin, Texas this year, and also will enter the New York, Nashville and Miami markets in 2023 and beyond while continuing to expand in existing cities. “As The company also will look for hires who can further develop Perks, its loyalty program.

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Retail TouchPoints

OCTOBER 25, 2023

Part of that transformation has included the implementation of supply chain solution TradeBeyond , which is helping Party City improve efficiencies across inventory management , end-to-end merchandising and vendor compliance. Party City plans to roll out additional capabilities over the coming months.

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Retalon

FEBRUARY 1, 2019

Boston Retail Partners (BRP) conducted the 2018 Integrated Planning & Inventory Management Survey sponsored by Retalon. This Special Report addendum explore the current state of retail planning and identify and understand retailers’ priorities as they strive to meet the needs and demands of today’s consumers.

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Retail TouchPoints

JULY 11, 2022

J.Crew and its sister company Madewell have both implemented a new integrated inventory planning solution that allows the retailers to increase efficiency when creating new products and tap into comprehensive data insights to inform assortment and merchandising decisions.

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Retail TouchPoints

JANUARY 15, 2024

Nvidia surveyed more than 400 retail professionals at all organizational levels and found that while AI adoption is still in its early stages, more than 60% of respondents are planning to boost their AI investments in the next 18 months. But many of these tasks may just represent the low-hanging AI fruit.

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Retail TouchPoints

JANUARY 30, 2023

As such, the store itself features a “completely reimagined” layout and inventory management system developed to enable “accurate and affordable grocery pickup in minutes.” “The 100-year-old grocery business is not immune to disruption,” said Matt Christensen, CEO and Managing Partner at Rose Park Advisors in a statement.

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Retail TouchPoints

NOVEMBER 4, 2024

Cash flow management can be one of the most significant issues for seasonal businesses. Managing this requires keen budgeting skills and pre-planning, which can cause stress for seasonal business owners. Thoughtful budgeting and money-saving strategies are a crucial part of any business plan, seasonal or not.

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Retalon

FEBRUARY 1, 2019

Boston Retail Partners (BRP) conducted the 2018 Integrated Planning & Inventory Management Survey sponsored by Retalon to explore the current state of retail planning and identify and understand retailers’ priorities as they strive to meet the needs and demands of today’s consumers.

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Retail Focus

NOVEMBER 28, 2022

Having found out that “traditional” management tools have become less relevant, brands were forced to rethink their processes to survive, stay relevant and true to their audiences. . In addition to perfecting each brand touchpoint’s management, it is the liaisons that matter the most in an omnichannel context.

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Retail TouchPoints

FEBRUARY 15, 2024

That same month the retailer deployed a solution from TradeBeyond designed to help improve its inventory management, merchandising and vendor compliance. In November 2023 Party City launched its digital party-planning marketplace, Party+ Marketplace, developed in partnership with Mirakl.

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Inventory Management Planning Management ATS 277

Inside Retail

JUNE 27, 2024

Retailers are grappling with ever-multiplying channels, and managing disparate touchpoints while trying to create a seamless, excellent omnichannel experience. This is a comprehensive approach that extends beyond online sales to encompass various critical aspects of retail operations, with inventory management and pricing at its core.

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365 Retail

AUGUST 14, 2024

As a shop owner, one of the most critical aspects of your business is managing your stock effectively. Stock management can be the difference between a thriving business and one that struggles to meet customer demands. An inventory management system helps you keep track of stock levels, sales, and orders in real time.

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Retail TouchPoints

SEPTEMBER 1, 2023

New inventory management systems, among other tools, will support more accurate decision-making and efficiency, so the retailer can cater to customers’ unique needs. JCPenney’s “Make it Count” customer strategy and brand proposition is the centerpiece of the turnaround plan. Merchandising and supply chain optimization.

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Shopify

DECEMBER 8, 2023

Inventory planning helps retailers optimize their inventory management systems to ensure they have enough stock on hand while minimizing costs.

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Retail TouchPoints

APRIL 25, 2024

Mall operator Simon revealed big plans to expand its Woodbury Common Premium Outlet center in Fall 2023, including the addition of 155,000 square feet of retail stores and restaurants, a 200 -key luxury hotel, a second parking facility and upgraded amenities. powered AI technology to assist shoppers during the 2023 holiday season.

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Inside Retail

OCTOBER 29, 2024

When these systems are integrated effectively, they offer several key benefits: Operational efficiency: By connecting different tools – such as e-commerce platforms, inventory management systems, and shipping solutions – retailers can automate workflows, reduce manual tasks, and minimise the risk of errors.

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