Retail TouchPoints

JUNE 7, 2024

Inventory Turnover Definition: The speed at which a business sells and replenishes its inventory during a given period, also known as “stock turn.” However, high or low inventory turnover can also be attributed to how quickly or slowly a retailer can move their goods around.

Inventory Turnover 274

Inventory Turnover Shipping Store Layout Management 274

Retail TouchPoints

FEBRUARY 28, 2024

Like LEGO sets that get creative builders started with guided instruction, prebuilt data models like those outlined above can help organizations improve their data management and analysis capabilities, promote collaboration across departments and ultimately make better decisions based on data-driven insights at lower cost, time and project risk.

Inventory Turnover 260

Inventory Turnover Supply Chain Management Store Layout Marketing 260

V Count

JULY 24, 2024

Two key features that enhance the capabilities of these systems are queue management and staff exclusion. Queue Management refers to the process of monitoring and controlling the flow of customers through checkout lines or service areas.

Management 86

Management Supermarket Checkout Inventory Management 86

CJ Retail Solutions

AUGUST 26, 2024

Retailers can also acquire a better grasp of customer behavior in-store, including navigation patterns, product interactions, and purchase decision-making processes, by employing advanced analytics tools. What tools can be used to measure KPIs for in-store marketing campaigns? Technology-driven insights in real time.

Marketing 52

Marketing Visual Merchandising Inventory Turnover Store Layout 52

V Count

JUNE 26, 2024

The length of dwell time typically serves as an effective indicator of how inviting and engaging customers find the store. In this way, the measurement of dwell time offers retailers a powerful tool for optimizing their store layout and merchandising strategies, ultimately leading to improved customer satisfaction and increased sales.

Store Layout 52

Store Layout Payment Services Inventory Turnover Promotions 52

CJ Retail Solutions

AUGUST 8, 2024

Beyond its impact on sales, product merchandising plays a crucial role in inventory management. By promoting specific items, retailers can efficiently manage stock levels and reduce excess inventory. In addition, cross-merchandising can help retailers optimize their store layout and maximize space utilization.

Cross Merchandising 52

Cross Merchandising Promotions Inventory Turnover Bundled Pricing 52