Retail TouchPoints

JULY 12, 2023

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. Those same cameras and sensors also are at the heart of the grab-and-go checkout system featured in Amazon Go stores.

Payment Services 246

Payment Services Inventory Management Checkout Loss Prevention 246

Retail TouchPoints

DECEMBER 25, 2023

Point-of-sale systems indicate what products are sold, but sophisticated retailers go beyond that surface-level data to better understand their customers and anticipate future needs. For example, your sales data can tell you what day of the week and time of day stores see the heaviest foot traffic.

Customer Experience 282

Customer Experience Dead-Stock Store Layout Point of Sale 282

Retail Minded

SEPTEMBER 21, 2021

Did you know that point of sale systems date back to 1879 when the first one was invented by American shopkeeper James Ritty. Recent advancements include front end and back end responsibilities merging with ease, cloud based efforts supporting both in-store and online purchases, and mobile becoming increasingly popular to manage POS.

Point of Sale 98

Point of Sale Merchant Services Payment Services Shipping 98

Retail TouchPoints

MARCH 11, 2021

In-store inventory management needs to match warehouse accuracy. 85% of surveyed retailers ranked inventory accuracy as a top priority to improve BOPIS and curbside pickup options. Retailers faced challenges with in-store inventory numbers that were not nearly as accurate as warehouse numbers. “We

Fulfillment 321

Fulfillment Inventory Management Returns Point of Sale 321

Retail TouchPoints

SEPTEMBER 16, 2022

BTM Global will continue to support Rogers & Hollands with its upcoming initiatives to improve its loyalty programs, promotions, communications and inventory management using Oracle Retail Customer Engagement Cloud Service and Oracle Retail Order Broker Cloud Service.

Jewelry 278

Jewelry Inventory Management Promotions Customer Experience 278

Retail TouchPoints

JUNE 10, 2022

When combined with our data-driven inventory management, we believe these efforts will reduce store workload and drive greater efficiencies for our retail associates and leaders.”. As a result of the success of self-checkout and popularity with customers, we have recently launched a pilot of stores that are entirely self-checkout.

Checkout 304

Checkout Location Kiosk ATS 304

Retail TouchPoints

OCTOBER 28, 2022

For instance, while most regular ERP systems usually offer only third-party support for point-of-sale (POS) functionality, retail ERP systems often include a POS module as standard. This focused approach results in retail ERP systems being far lighter and easier to implement and manage.

Supply Chain Management 278

Supply Chain Management Inventory Management Management Accounting 278

Retail TouchPoints

FEBRUARY 10, 2022

million on inventory management solutions; $1.2 The part of the show where we saw that there was X number of units in the inventory system and there was nothing in the store, we’ve been able to adjust the algorithms to make sure we have that inventory in the stores.

Inventory Management 321

Inventory Management Beauty and Health Management Planning 321

Retail TouchPoints

JUNE 29, 2021

The data is available in real time at the POS, empowering store associates to deliver seamless brand experiences with capabilities such as mobile checkout, endless aisle, store fulfillment, inventory management and clienteling. Our brand is a true labor of love,” said Alex Faherty, Co-founder and CEO of Faherty Brand in a statement. “As

Clienteling 211

Clienteling Inventory Management Checkout Fulfillment 211

Retail TouchPoints

AUGUST 11, 2020

In the retrofitted stores, Standard Cognition will integrate its technology with existing Circle K systems and work with the retailer’s current store layout, fixtures and lighting, as well as existing inventory management and replenishment processes.

Checkout 268

Checkout Payment Services Store Layout Kiosk 268

Retail TouchPoints

SEPTEMBER 13, 2024

That’s one reason why customers value seamless omnichannel experiences, such as mobile apps that are connected to inventory management software to enable searching for stocked products at local storefronts, or scanning mobile QR codes for loyalty programs and coupons. Shoppers also highly value convenience.

Payment Services 284

Payment Services Checkout Inventory Management Kiosk 284

Retail TouchPoints

NOVEMBER 20, 2023

Optimize inventory management: Like damaged products and shipping errors, theft can negatively impact retail inventory management. This approach to in-store product placement allows employees to easily monitor popular items and acknowledge customers in areas where they are displayed.

Payment Services 312

Payment Services Sporting Goods Inventory Management Loss Prevention 312

Retail TouchPoints

FEBRUARY 21, 2023

5G can also connect mobile point-of-sale (POS) terminals , self-service kiosks, scan-and-go checkouts and other forms of frictionless shopping with ease. Better communication between in-store staff, store managers and supply chain personnel via 5G devices will allow for responding to customer queries. Tractor Supply Co.

Sporting Goods 264

Sporting Goods Payment Services Shrinkage Point of Sale 264

Inside Retail

MARCH 17, 2022

Unified commerce is the new holy grail for retailers, promising previously unheard-of levels of customer insights and control over all elements of sales and inventory management. Smarter inventory management enabled by unified commerce allows stores to resell the item or return it to the warehouse.

Checkout 246

Checkout Drop-Shipping Payment Services Inventory Management 246

Retail TouchPoints

AUGUST 29, 2024

Most retailers are now rolling out RFID inventory management use cases like receiving, adjustments and cycle counting via handheld reader. Simply put, the costs of readers have come down substantially, and the benefits for stores are even larger than before. Let’s start with the costs.

Customer Experience 297

Customer Experience Shipping Inventory Management Management 297

Retail TouchPoints

JULY 17, 2023

Inventory management. With innovative inventory tools, retailers can always be sure the necessary goods are in stock in a particular store. Customers use the transmitted data to ensure their goods are safely transported and the delivery complies with healthcare industry regulations.

Payment Services 246

Payment Services Checkout Inventory Management Customer Experience 246

Retail TouchPoints

SEPTEMBER 7, 2022

It’s essential to understand the potential crunch points and areas where even an experienced retailer will need specialist knowledge to navigate these pitfalls. It’s not as simple as using the primary store’s usual point-of-sale and retail management system for the wireless store-within-a-store.

Kiosk 264

Kiosk Inventory Management Management Accounting 264

Retail TouchPoints

FEBRUARY 7, 2024

The digitization of brick-and-mortar stores is nothing new, but up until recently it has primarily been focused on surfaces in the store that are already digital: point-of-sale systems or back-of-house tasks like inventory management.

Point of Sale 287

Point of Sale Promotions Inventory Management Grocer 287

Bindo

SEPTEMBER 6, 2017

Fast forward to today: if my parents had a cloud based point of sale system built for a deli they would have saved a lot of time, and had the opportunity to expand their business. With so many point of sale options on the market, how should they have chosen one? Inventory Management. Inventory Management.

Point of Sale 52

Point of Sale Inventory Management Management Marketing 52

Retail Smart Guys

NOVEMBER 15, 2024

Rely on Data, Not Gut Feelings Your inventory is your most significant investment. Instead, rely on sales data, trend analyses, and seasonal patterns. Regularly review point-of-sale (POS) reports to identify top-selling products and categories that need adjustment. What worked last quarter might not work next.

Inventory Management 59

Inventory Management Planning Management Point of Sale 59

Retail TouchPoints

FEBRUARY 27, 2024

The Evolving Threat Landscape Retailers increasingly rely on digital platforms for sales, inventory management and customer engagement. A network outage can mean lost sales in the short term, as shoppers simply move to another brand for that purchase, or losses in the long term if that customer does not return.

Payment Services 278

Payment Services Wholesale Store Layout Inventory Management 278

Retail TouchPoints

JULY 3, 2023

Cloud architecture is built to support functions like mobile customer loyalty programs, inventory management tools, personalization capabilities and even point-of-sale. And these functions can be seamlessly incorporated across touch points.

Consumer 275

Consumer Inventory Management Point of Sale Location 275

Inside Retail

SEPTEMBER 4, 2023

The barcode was initially developed to improve the checkout experience and inventory management in the grocery sector and it is now used in almost every industry and sector. They are scanning more than 5 million 2DBarcodes at point-of-sale each week, achieving significant results.

Checkout 246

Checkout Inventory Management Promotions Point of Sale 246

Retail TouchPoints

JULY 5, 2024

This setup not only helps avoid downtimes during critical sales periods but also ensures that everything from order processing to inventory management runs smoothly. This could ensure that even if one cloud region goes down, others can take over without any interruption to services.

Payment Services 278

Payment Services Customer Experience Inventory Management Consumer 278

Retail Next

OCTOBER 3, 2019

Whatever the size of your retail business, inventory management is crucial to controlling your supply chain. Whatever systems you have in place to manage your inventory and minimize loss, it is always a good idea to be thinking about how you can improve upon them. Primary among them is inventory management software.

Inventory Management 52

Inventory Management Management Point of Sale Shipping 52

Retail TouchPoints

JULY 29, 2020

When you have a good clean order management system, a good clean inventory management system, good data at the front end and a good ERP at the back-end, I think you’re set up for anything that could be thrown at you,” she said. That’s why we feel we’re in a really great position right now.

Planning 317

Planning Wholesale Customer Experience Store Operations 317

Retail TouchPoints

AUGUST 14, 2023

This change is necessary to provide the real-time data that powers the robots and automation tools that are central to retailers’ inventory management. For example, grocery retailers have made infrastructure changes in their warehouses and microfulfillment centers by upgrading network connectivity in these facilities.

Payment Services 245

Payment Services Checkout Inventory Management Grocer 245

Retail TouchPoints

JANUARY 28, 2021

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.

Planning 254

Planning Point of Sale Location Fashion 254

Inside Retail

OCTOBER 26, 2023

Lightspeed is a single platform for point-of-sale, payment processing, inventory management and reporting which also includes tools for e-commerce and marketing. “And this appeal will last. I can’t see online platforms competing in the tangibility sphere – not to satisfaction, at least,” Quinn adds.

Shopping 246

Shopping Payment Services Dead-Stock Kiosk 246

M19 Retail

APRIL 14, 2021

The health crisis is accelerating the transformation of physical points of sale. The adaptation of point of sale networks to the health crisis takes several forms, depending on the brand. Health crisis: what impact on supply management in points of sale? appeared first on Mi9 Retail.

Point of Sale 52

Point of Sale Management Markdowns Accounting 52

I Vend

NOVEMBER 7, 2023

Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail. So inventory management is essential. Retail technology can streamline inventory management by enabling retailers to accurately track goods from delivery to sale through to returns. .

Inventory Management 97

Inventory Management Point of Sale Management Returns 97

I Vend

MAY 8, 2024

An integrated point of sale captures key customer and sales data, which can be analysed to uncover additional ways to engage customers or increase your wine and liquor store efficiency. Inventory management – Managing inventory in wine and liquor retail can prove to be a big headache.

Shrinkage 91

Shrinkage Inventory Management Payment Services Point of Sale 91

I Vend

OCTOBER 6, 2022

A retail business without a point of sale system seems unthinkable. Retail technology drives growth, through enhanced customer experience and increased sales. Offering click and collect/BOPIS for customers can increase sales by 5%. iVend Retail Ecosystem Get the synergy flowing in your retail business. And the payoff?

Inventory Management 98

Inventory Management Payment Services Point of Sale Checkout 98

I Vend

NOVEMBER 6, 2022

So whilst it’s not a bad picture, it’s not great either, and the retailers who will make the most of the season are those who can attract customers and sales, whilst driving efficiencies and cost savings for a profitable holiday season.

Management 98

Management Payment Services Point of Sale Inventory Management 98

I Vend

AUGUST 6, 2023

Using your point of sale system to track performance, across every element of the retail operation, has never been more important. Inventory management – metrics such as stock turnover levels, and days of inventory remaining can be used to accurately plan purchasing and replenishment strategies and minimise the chance of stock outs.

Point of Sale 96

Point of Sale Inventory Management Shrinkage Promotions 96

I Vend

APRIL 6, 2023

A point of sale (POS) system is the nerve centre of any retail operation. It performs the core functions in the store – managing the customer transactions that enable you to trade and taking the payments that make up your revenue. iVend Point of Sale (POS) iVend are leading experts in retail point of sale.

Payment Services 98

Payment Services Point of Sale Customer Experience Inventory Management 98

Star Miconics

JANUARY 26, 2023

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. AI helps consumers and workers streamline their activities and increase productivity. But what is artificial intelligence?

Point of Sale 52

Point of Sale Merchant Services Inventory Management Management 52