Remove Inventory Management Remove Point of Sale Remove Retail Marketing
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The Top 5 Retail ERP Software Features to Look For

Retail TouchPoints

In today’s competitive and connected retail market, one mistake or delay can result in losing ground to a competitor. One of the most powerful tools you should implement to ensure your long-term success is a retail Enterprise Resource Planning (ERP) system. What is a Retail ERP System?

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Retailers Need to be Smarter with Their Smart Store Implementations

Retail TouchPoints

Most retailers have heeded their digitally savvy consumers’ demands, embedding connected technology into their storefronts to varying degrees. By 2030, the smart retail market will be worth $91.36 billion thanks to these aggressive investments. However, that’s not to say that the current state of smart stores is ideal.

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IoT in Retail: Top 5 Use Cases and Real-Life Examples

Retail TouchPoints

Connecting the world of physical objects into a smart network, IoT technology brings new business opportunities for retailers and provides data-driven insights for decision-makers. According to Grand View Research , the global IoT retail market was valued at $42.38 Inventory management. from 2023 to 2030.

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Is Your Wine & Liquor Store Stuck in the Past? Unlock Growth with Integrated POS

I Vend

Online sales account for $40 billion and are growing faster than brick and mortar sales. The US’ largest wine retailer makes 20% of their sales online, compared to 2% before the pandemic. So opportunity is abundant in the liquor retail market, for those retailers who can harness it.

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How to Collect Customer Data and Improve Shopper Experience

Retail Next

In today’s world, collecting data and basing decisions on the calculated data is critical to success, especially in the retail market. Ensuring relevancy of products as per demand and the competitive market. With point of sale data collection, you can: Sort customers by brand preference, spend level, purchase category, etc.

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Leveraging Technology for Serial Number Tracking

Storis

The process of assigning serial numbers to inventory pieces is a critical aspect of efficient inventory management, particularly in the appliance retail market. While both are identifiers used in inventory management, they serve distinct purposes.

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Choosing a Distribution Model: Drop Shipping vs Traditional Inventory

Retail Bound

Traditional Inventory: Beyond the Basics Operational Dynamics: Retailers purchase products in bulk, store them, and then ship them out as orders come in. Strategic Considerations: Inventory management becomes paramount. The supplier then ships the product straight to the customer.