Remove Inventory Management Remove Returns Remove Supply Chain Management
article thumbnail

Black Friday 2024: Why automation is critical for Australian retailers

Inside Retail

Building a future-proof tech stack To survive and thrive during Black Friday, retailers must invest in tech solutions that integrate seamlessly with their current systems – inventory management, CRMs, and shipping tools. Thought Starter: Is your business ready to integrate AI and automation into your Black Friday strategy?

article thumbnail

How Hot Topic and Lamps Plus Mastered Inventory Management and More

Retail TouchPoints

Smart retailers are realizing that their increasingly complex omnichannel offerings have made strong supply chain management more important than ever. Retailers need to handle inventory in stores and distribution centers, keep an eye on both digital and physical shelves and keep costs down with efficient logistics and routing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tariffs, Trade and Turmoil: Strategies for a Resilient Supply Chain

Retail TouchPoints

The return of sweeping tariffs under the new administration has sent ripples through global supply chains, creating a landscape of uncertainty that businesses need to navigate carefully. Having a framework will help supply chains not only survive disruptions but thrive in uncertainty.

article thumbnail

How retail COOs are pursuing a seamless supply chain

Inside Retail

Our customer expects things quicker, the process to be more seamless, the ability to do returns, and better advice all of which has a cost associated, Millar said. For David Ibanez, operations manager of Australian apparel retailer Showpo, the main driver in supply-chain management is all about reducing costs and making it more efficient.

article thumbnail

The Top 5 Retail ERP Software Features to Look For

Retail TouchPoints

CRM modules can also help you manage customer complaints and returns more efficiently as well as track the success of marketing campaigns, making sure future ones achieve even greater success. Demand forecasting can therefore help you maximize sales, reduce inventory carrying costs, and positively impact your bottom line.

article thumbnail

Why Retailers Need a Centralized Database for Business Efficiency and Growth

RETAIL MANAGEMENT SOFTWARE

Rather than having fragmented or isolated data across different stores, warehouses, or sales channels, a centralized database ensures that every bit of information—such as inventory, sales data, customer details, and vendor records—is stored in one unified system. Key Benefits of a Centralized Database for Retailers 1.

article thumbnail

How to Revolutionize Inventory Management

Independent Retailer

Retailers had to revolutionize inventory and planning when the pandemic hit, and many businesses are still finding their feet in the post-pandemic economy. As manufacturing and supply chain disruption increases, retailers must optimize inventory management to give customers a better experience. years, on average.