Remove Inventory Management Remove Planning Remove Point of Sale
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Mastering Open-To-Buy (OTB) Planning: Avoiding Costly Pitfalls in Inventory Management

Retail Smart Guys

In today’s fast-paced retail world, strategic inventory planning is more critical than ever. As we approach the peak of the holiday season, managing your open-to-buy (OTB) planning effectively can make or break your financial success. Rely on Data, Not Gut Feelings Your inventory is your most significant investment.

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The gift of inventory management this holiday season

I Vend

We can see the importance of inventory management during the three key stages of the holiday season: Preparation – before the holiday season rush, retailers need to plan and forecast to ensure they know what is most likely to sell, via which channel and in which stores. . weeks, down from a pre-pandemic shopping season of 7.4

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Paper Store POS Upgrade Untethers Associates, Boosts Productivity

Retail TouchPoints

But a legacy point-of-sale (POS) system that lacked any kind of mobile functionality tied too many associates to cash wrap workstations — a major source of inefficiency during ongoing labor shortages in retail. “For The retailer also has tapped Jumpmind’s Promote application for managing deals and promotions.

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Zadig & Voltaire Streamlines Merchandise Planning and Distribution

Retail TouchPoints

French ready-to-wear brand Zadig & Voltaire has centralized inventory planning and purchasing processes across its brick-and-mortar and digital channels with the deployment of allocation, replenishment and buying solutions from Aptos. in addition to its website.

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How Edge Computing Enables the Retail Store of the Future

Retail TouchPoints

Technology — specifically edge computing — provides the foundation for a better customer experience, real-time inventory management, enhanced security and loss prevention and in-store analytics. It’s tough to think past short-term solutions for pricing and marketing and plan for the more long-term success of the business.

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What is Artificial Intelligence, and How Does it Impact Your Point-of-Sale?

Star Miconics

But while those things are still in the realm of science fiction, AI has become increasingly engrained in the modern technology we now use every day, from our smartphones to our point-of-sale (POS) systems. These reports provide managers and owners with information that uncovers deeper insights.

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The evolution of retail tech and why it matters to today’s retailers

I Vend

The retail technology evolution Stage 1 – cash register: When technology first appeared in retail, it was in the form of cash registers – relatively simple devices that recorded sales, took payment and issued a customer receipt. The software primarily records transactions and can also functions such as updates to inventory management.