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How Online Businesses can Master Inventory Management to Impact Operations

Retail TouchPoints

There’s an inventory sweet spot you’re always looking to achieve — not overstocking, not understocking, and still managing to keep up with changing buyer demands. Learning to master your inventory management processes can net significant bottom-line results in your ecommerce business.

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How Hot Topic and Lamps Plus Mastered Inventory Management and More

Retail TouchPoints

Another key challenge for Hot Topic’s inventory management system is ensuring its BOPIS options run smoothly even as it fulfills orders across multiple channels. It manages our BOPIS component. We also have a heavy ship-from-store side, and it also drives our curbside pickup component.

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How AI is set to revolutionise inventory management

Inside Retail

Great product diversity, changing consumer demands, and the expansion of e-commerce have turned inventory management into a major pain point for retailers. Poor inventory management results in overstocking and under-stocking, impaired cash flow, and losses from theft and spoilage. Here are some reasons why: 1.

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Nike, Calvin Klein and Other Major Brands in Vietnam Enhance Order and Inventory Management

Retail TouchPoints

Retail Pro Prism is a customizable platform that allows retailers to manage inventory and orders more efficiently across channels and subsidiaries. Then when the goods are ready to ship to the customer, the information is automatically sent to DHL from Retail Pro Prism to trigger the delivery process.

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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. Optimising shipping with automation Shipping logistics are a make-or-break factor during Black Friday.

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Time for retailers to take stock of shipping costs; playing the waiting game won’t win

Retail Focus

Claire Webb from Advanced Supply Chain Group looks at why playing a waiting game won’t help retailers beat soaring shipping costs. Many retailers are looking to protect margins against rapidly rising shipping costs. The factors have triggered a long-running period of disruption and caused shipping costs to escalate.

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GoBolt Helps Retailers Optimize Last Mile and Inventory

Retail TouchPoints

Additionally, GoBolt’s real-time inventory management offering can lower the chances that retailers will run out of stock, since the portal enables them to monitor current stock levels and the status of inbound shipments.