Inventory Management, Promotions and Retailing Pricing

How AI is Revolutionising the Retail Sector

Retail Focus

FEBRUARY 4, 2025

This helps retailers optimise inventory levels, staffing, and promotions for smoother operations and waste reduction. Predictive analytics provides retailers with a data-driven approach to demand planning and inventory management. Retailers can also use AI to dynamically match supply with anticipated demand.

Inventory Management

Inventory Management Markdowns Checkout Customer Experience

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

Retail TouchPoints

DECEMBER 12, 2023

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?

Markdowns

Markdowns Retailing Pricing Promotions Fulfillment

You Can’t Spell Retail Without AI

Retail TouchPoints

AUGUST 17, 2021

Online retailers are using AI to create intent-based promotions. AI has a lot to offer grocery stores, especially in inventory management. Price Optimization is for all Retailers. Pricing optimization is a misunderstood AI technology, as it is often confused with dynamic pricing.

Checkout

Checkout Payment Services Customer Experience Inventory Management

Webinars

Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains

What Your Financial Statements Are Telling You—And How to Listen!

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

Retail Focus

SEPTEMBER 7, 2021

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. The second level of contingency planning involves personnel resourcing strategies.

Inventory Management

Inventory Management Supply Chain Management Shipping Planning

Dynamic Pricing with Digital Price Tags

Storis

SEPTEMBER 19, 2024

Customers are savvy researchers, and many are price-motivated. Embracing innovative solutions like digital price tags can be the game-changer you’ve been seeking to maintain dynamic retail pricing efficiently.

Inventory Management

Inventory Management Promotions Management Consumer

Key Takeaways from the Wiser Industry Leaders Brand Panel: Challenges and Adaptations

Wiser

FEBRUARY 29, 2024

Ongoing challenges such as stock shortages, subpar shelf displays, and inventory issues are contributing to decreased sales and increased discounts. These operational hurdles not only impact revenue streams but also affect customer satisfaction levels, highlighting the importance of streamlined inventory management practices.

Shrinkage

Shrinkage Inventory Management Loss Prevention Consumer

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

365 Retail

SEPTEMBER 7, 2021

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. The second level of contingency planning involves personnel resourcing strategies.

Inventory Management

Inventory Management Supply Chain Management Shipping Planning

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

RETAIL MANAGEMENT SOFTWARE

APRIL 10, 2024

What is Wholesale Management Software? Wholesale Management Software is a comprehensive tool designed to optimize various aspects of wholesale operations, including inventory management, order processing, invoicing, customer management, and more. Some key features typically found in such software include: 1.

Wholesale

Wholesale Management Inventory Management Inventory Turnover

Harnessing Retail Data: Features, Benefits, and Selection Strategies for Analytics Software

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 27, 2024

These solutions leverage advanced algorithms and techniques to extract actionable insights from vast datasets, enabling retailers to optimize various aspects of their business, including sales, marketing, inventory management, and customer engagement. What is Retail Analytics Software?

Inventory Management

Inventory Management Management Customer Experience Marketing

How Retailers Can Weather the Tariff Storm

Retalon

FEBRUARY 21, 2025

AI-driven pricing solutions go much further in accurately predicting, calculating, and recommending product pricing, markdowns, and promotions. You implement the new allocation, and your inventory is rebalanced across the business, meeting sales demand while reducing overstocks and markdowns. Yes, its possible.

Markdowns

Markdowns Planning Inventory Management Drop-Shipping

Retail Budgeting Software: Benefits, Features & Tips to Choose the Right Solution

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 19, 2024

Compliance and Risk Management: Retail budgeting software often includes features that help businesses adhere to financial regulations and industry standards. It also aids in identifying and mitigating financial risks, promoting a secure and compliant financial environment.

Finance

Finance Accounting Management Planning

Online vs. Offline Retail – Blurring the Line between Bricks and Clicks

Retalon

AUGUST 20, 2019

Over the last couple of decades, the challenges facing retailers have changed significantly, causing brands to rethink traditional strategies. It used to be that brands differentiated by delivering unique, hard-to-find products, or by lowering retail pricing to undercut direct competitors. – Inventory management.

Fulfillment

Fulfillment Comparison Shopping Markdowns Promotions

Retail AI & Predictive Analytics Blur the Line between Bricks and Clicks

Retalon

AUGUST 20, 2019

Over the last couple of decades, the challenges facing retailers have changed significantly, causing brands to rethink traditional strategies. It used to be that brands differentiated by delivering unique, hard-to-find products, or by lowering retail pricing to undercut direct competitors. – Inventory management.

Fulfillment

Fulfillment Comparison Shopping Markdowns Promotions

5 Killer Ecommerce Pricing Strategies for Max Profits (2023)

Retalon

AUGUST 22, 2023

Ready to master the art and science of profitable online retail pricing? Understanding the Basics of Ecommerce Pricing Strategies Before looking at specific tactics and tools, we need to cover some ecommerce pricing fundamentals. Inelastic demand for a higher-priced product can lead to excess inventory accumulating.

Marketing

Marketing Inventory Management Boutique Promotions

The AI Pricing Debate: Balancing Retail Innovation and Consumer Trust

Retail TouchPoints

OCTOBER 16, 2024

This development follows efforts by major brands like Wendy’s and Walmart to implement real-time pricing technologies, raising questions about AI and consumer protection, privacy, and fair practices. The Rise of AI in Retail Pricing The adoption of AI in retail pricing is accelerating.

Consumer

Consumer Retailing Pricing Inventory Management Promotions

Experience Retail Today

How AI is Revolutionising the Retail Sector

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

Webinars

Trending Sources

You Can’t Spell Retail Without AI

Webinars

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

Dynamic Pricing with Digital Price Tags

Key Takeaways from the Wiser Industry Leaders Brand Panel: Challenges and Adaptations

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

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

Harnessing Retail Data: Features, Benefits, and Selection Strategies for Analytics Software

How Retailers Can Weather the Tariff Storm

Retail Budgeting Software: Benefits, Features & Tips to Choose the Right Solution

Online vs. Offline Retail – Blurring the Line between Bricks and Clicks

Retail AI & Predictive Analytics Blur the Line between Bricks and Clicks

5 Killer Ecommerce Pricing Strategies for Max Profits (2023)

The AI Pricing Debate: Balancing Retail Innovation and Consumer Trust

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