Inside Retail

JULY 18, 2024

When you lose control of your in-store demand, your stock starts to age, and you lose the agility to maximise return on faster-moving products. The next job is to match our replenishment process with this new consumer demand, and good replenishment tools allow us to manage our working capital availability against stock availability risk.

Planning 147

Planning Inventory Turnover Consumer Location 147

Inside Retail

JANUARY 30, 2024

“This collaboration results in an enriched suite of logistics and supply chain services, encompassing not just warehousing and inventory management, but also comprehensive transportation and last-mile delivery solutions,” he added.

Merchant Services 130

Merchant Services Inventory Turnover Inventory Management Supply Chain Management 130

Storis

MAY 23, 2024

Effective cash flow management is the lifeblood of any retail operation, especially in the face of supply chain disruptions. In the context of furniture retail, where capital investments in inventory can be substantial, proactive cash flow management is crucial for maintaining financial stability and seizing growth opportunities.

Inventory Turnover 52

Inventory Turnover Payment Services Dead-Stock Inventory Management 52

I Vend

SEPTEMBER 10, 2023

Performance management – Focusing on performance management is a good way to stay ahead of competition, and the first step is having the right information. You can use POS insights to help set clear goals, and in staff performance reviews, ultimately helping to motivate your team and reduce staff turnover.

Point of Sale 111

Point of Sale Inventory Turnover Management Inventory Management 111

Retail Minded

MAY 3, 2023

Managing inventory is a crucial element of every retail business. Retailers know that inventory management is time-consuming and can pose difficulties. Thanks to technology-enabled best practices, managing inventory is easier than ever. Read on to learn the best practices in retail inventory management.

Inventory Management 52

Inventory Management Management Fulfillment Inventory Turnover 52

Retalon

FEBRUARY 10, 2022

Bad inventory is an expensive problem. Trillion annually as a result of bad inventory. Managing inventory becomes exponentially more complicated as a retailer grows; and often becomes an overwhelming challenge. Indicators you’re managing bad inventory. A low rate of inventory turnover.

Management 41

Management Inventory Turnover Inventory Management Dead-Stock 41

I Vend

JANUARY 18, 2025

It is very essential to manage multiple store locations in an efficient manner for business success. iVend’s Retail Management Solution iVend helps enterprise retailers run efficiently and effectively. iVend’s Retail Management Solution iVend helps enterprise retailers run efficiently and effectively.

Location 52

Location Inventory Turnover Inventory Management Management 52

Retalon

AUGUST 14, 2023

Does your retail business struggle with outdated inventory systems and cumbersome spreadsheets? Nearly 70% of retailers face challenges managing inventory due to relying on legacy processes. Furniture inventory management software offers a smarter solution. What Exactly is Furniture Inventory Management Software?

Inventory Management 41

Inventory Management Management Dead-Stock Inventory Turnover 41

RETAIL MANAGEMENT SOFTWARE

AUGUST 13, 2024

From managing complex inventory of frames and lenses to handling insurance claims and patient records, the right POS software can simplify operations and improve accuracy. Efficient Inventory Management: Optical stores deal with a wide range of products, including frames, lenses, and accessories.

Payment Services 52

Payment Services Inventory Management Checkout Inventory Turnover 52

RETAIL MANAGEMENT SOFTWARE

AUGUST 5, 2024

Behind the scenes, efficient inventory management, order fulfillment, and customer relationship management are crucial for a thriving business. Customer Relationship Management (CRM) : Maintain detailed customer profiles, track purchase history, and personalize interactions to improve customer satisfaction and loyalty.

Payment Services 52

Payment Services Inventory Management Inventory Turnover Fulfillment 52

RETAIL MANAGEMENT SOFTWARE

MARCH 26, 2024

In the fast-paced world of retail, managing finances effectively is crucial for the success of any business. From tracking sales to managing inventory and controlling expenses, retail accounting plays a vital role in keeping operations running smoothly.

Accounting 52

Accounting Inventory Management Inventory Turnover Management 52

M19 Retail

FEBRUARY 7, 2025

Whether you run a boutique retail shop or manage an enterprise level operation, finding the right technology to handle your Point of Sale (POS), inventory control, and merchandising planning is critical. But as your business grows, so do the complexities of supply chain management, financial audits, and scalability.

Supply Chain Management 52

Supply Chain Management Inventory Turnover Point of Sale Inventory Management 52

Retalon

AUGUST 5, 2020

Jump Ahead Most Important KPIs for the Retail Industry in 2020 Examples of Retail KPIs that Maximize Inventory ROI 1. Inventory Turnover Ratio 3. The inventory sitting in stores and warehouses is the single biggest investment that a retailer makes. Inventory Turnover Ratio. In-Stock Percentage 2.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41

CJ Retail Solutions

AUGUST 26, 2024

Measuring the return on investment (ROI) of marketing initiatives is one of the main advantages of tracking key performance indicators. With this data, marketing campaigns in the future can be improved, and resources can be distributed more wisely to optimize return on investment.

Marketing 52

Marketing Visual Merchandising Inventory Turnover Store Layout 52

V Count

JANUARY 11, 2023

Opting for people counting and combining this data with other solutions will help you drive more business than ever and take the next step in ensuring customers return to your establishment. You can use this information to accelerate inventory turnover, stock and arrange shelves, and provide fresh food and drinks at peak hours.

Inventory Turnover 40

Inventory Turnover Promotions Customer Experience Planning 40

Rangeme

DECEMBER 16, 2021

While retailers and consumer packaged goods (CPG) suppliers have had to grapple with COVID-19 and digital transformation, now they must also manage reduced capacity along the global supply chain, hampering holiday sales success. An astonishing 98% of retail executives experienced supply chain issues ahead of the 2021 holiday season.

Shipping 52

Shipping Dead-Stock Beauty and Health Inventory Turnover 52

Retalon

FEBRUARY 15, 2024

Retail analytics insights directly impact sales and customer loyalty by enabling more personalized shopping experiences and efficient inventory management. Up next we explore how integrating these analytical insights can refine inventory management techniques – streamlining processes while optimizing profitability.

Inventory Management 41

Inventory Management Management Marketing Inventory Turnover 41

Inside Retail

FEBRUARY 10, 2025

As its customer service manager, Stacey O’Neil, explains: “We use Uber a lot for two-hour delivery. No longer limited to customer-facing or frontline roles, offshoring now extends to IT, finance, merchandise planning, and supply chain management, delivering immediate cost savings. ” And lock in the sale.

Inventory Turnover 162

Inventory Turnover Supply Chain Management Finance Fulfillment 162

Retail Assist

MARCH 6, 2025

Choosing a provider that takes care of these complexities ensures your ERP delivers maximum return on investment (ROI), so you can focus on scaling your brand. Tracking key performance indicators (KPIs) such as inventory turnover, order accuracy, fulfilment times and customer satisfaction helps assess performance.

Inventory Turnover 52

Inventory Turnover Supply Chain Management Fulfillment Customer Experience 52