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How AI is Revolutionising the Retail Sector

Retail Focus

Predictive analytics provides retailers with a data-driven approach to demand planning and inventory management. Optimised Pricing Finding the optimal price point to maximise profits while remaining competitive is a constant balancing act in retail. This improves productivity and reduces costs.

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AI’s Fashion Impact: From Product Design to On-Demand Manufacturing and Beyond

Retail TouchPoints

AI also is good for improving the predictability level of inventory management. Certain platforms, like Shopify, have AI integrated [into them], so they can look at sales velocity and what I have in inventory and constantly keep me aware of when, and how much, I should be ordering.

Fashion 162
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As the Holidays Approach, it’s Time to Rethink Retail Pricing Methodology…and AI Can Help

Retail TouchPoints

In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? Keeping in mind as well the need to optimize their supply chain fulfillment to meet consumer delivery expectations while managing parcel carrier costs? Barach guides development and customer deployment of antuit.ai

Markdowns 278
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You Can’t Spell Retail Without AI

Retail TouchPoints

AI has a lot to offer grocery stores, especially in inventory management. AI helps grocery managers optimize staff, advising on how many employees and checkout lanes are required. Price Optimization is for all Retailers. Practical Benefits of AI in Grocery.

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Ideoclick Expands Advertising Expertise to Instacart, Walmart and Target

Retail TouchPoints

The move aims to position Ideoclick as a single advertising management solution with a comprehensive, API-driven view of digital performance across multiple platforms. Ideoclick is designed to help retailers maximize cross-platform coordination to drive greater efficiencies and optimize sales.

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Preparing For Peak; Five Tips For Getting Supply Chains Fit For The Festive Season

Retail Focus

The first affects stock inventory management. Planning localised levels of stock on a short-term basis can go some way to achieving this, while more accurate inventory forecasting can optimise reordering to reduce replenishment timescales. How regularly are retailers achieving optimum selling prices?

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Wholesale Management Software: Key Features, Benefits, and Tips for Choosing the Right Solution

RETAIL MANAGEMENT SOFTWARE

In the dynamic world of wholesale business, managing operations efficiently is paramount for success. This is where Wholesale Management Software emerges as a game-changer, offering streamlined solutions to enhance productivity and profitability. What is Wholesale Management Software?