Retail Focus

AUGUST 8, 2023

This frees up your time to focus on strategic decision-making, financial planning, and growth initiatives. This liberates valuable time for retailers to concentrate on core business activities and strategic planning. This leads to improved inventory turnover and reduced instances of overstock or stockouts.

Loss Prevention 130

Loss Prevention Inventory Management Inventory Turnover Shipping 130

RETAIL MANAGEMENT SOFTWARE

MARCH 11, 2022

Check data and reports regularly – Consistently checking data will give you a good idea of how your inventory is performing overall. Plan before buying your inventory- Use your data to determine what you should order. Maximize inventory turnover- Increase turn rate to move product gradually through the purchasing cycle.

Inventory Management 111

Inventory Management Management Inventory Turnover Drop-Shipping 111

Retalon

FEBRUARY 10, 2025

A robust merchandise planning solution powered by AI-driven analytics is now a necessity for retailers looking to optimize inventory, forecast demand accurately, and enhance profitability. The traditional planning solution often resulted in inefficiencies, data silos, and costly errors.

Planning 41

Planning Inventory Turnover Markdowns Location 41

Retalon

AUGUST 5, 2020

How effective are their promotional campaigns? Jump Ahead Most Important KPIs for the Retail Industry in 2020 Examples of Retail KPIs that Maximize Inventory ROI 1. Inventory Turnover Ratio 3. Promotions Uplift Retail KPIs that Answer Questions About Customer Behavior 8. Inventory Turnover Ratio.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41

I Vend

JANUARY 18, 2025

The system enables: Access to customer purchase history across all locations Consistent pricing and promotions implementation Seamless returns and exchanges at any store Integrated loyalty programs that work across all outlets Improved Data Analytics and Reporting: Making informed business decisions requires comprehensive data analysis.

Location 52

Location Inventory Turnover Inventory Management Management 52

V Count

JULY 24, 2024

Higher Sales Efficient queue management plays a crucial role in boosting sales by promoting impulse purchases and reducing cart abandonment. By analyzing customer traffic patterns, businesses can better plan their inventory levels, ensuring they have sufficient stock to meet demand while minimizing excess inventory.

Management 98

Management Supermarket Checkout Inventory Management 98

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. The system can handle everything from promotions to returns, with strict protocols to ensure data integrity.

Supply Chain Management 52

Supply Chain Management Inventory Turnover Point of Sale Inventory Management 52

RETAIL MANAGEMENT SOFTWARE

SEPTEMBER 30, 2024

Gain insights into product performance, helping to optimize inventory turnover. Identifying underperforming products and discontinuing them or running promotions to clear inventory. Leveraging data to forecast demand and adjust inventory levels accordingly.

Payment Services 52

Payment Services Management Inventory Management Promotions 52

RETAIL MANAGEMENT SOFTWARE

AUGUST 5, 2024

Pricing Management : Set and adjust prices easily, including discounts, promotions, and seasonal sales. Budgeting and Forecasting : Plan and forecast financial performance to make informed business decisions. Inventory Analytics : Analyze inventory turnover rates, stock levels, and supplier performance to optimize inventory management.

Payment Services 52

Payment Services Inventory Management Inventory Turnover Fulfillment 52

Retalon

FEBRUARY 24, 2022

Buying too little reduces sales — and the cash you need for more inventory. Open to buy (OTB) planning lets you control inventory and stay cash flow positive. Other benefits of OTB management include: More flexible inventory. Where you started is simple: it is the planned inventory at the beginning of the sales period.

Markdowns 41

Markdowns Inventory Turnover Accounting Planning 41

365 Retail

JUNE 5, 2024

Advanced inventory management software integrates with point-of-sale systems, monitoring every sale and tracking stock levels. It even accounts for seasonal trends, promotions, and supplier lead times. Managers can visualize metrics like sales trends, inventory turnover, and customer lifetime value.

Payment Services 52

Payment Services Inventory Management Checkout Inventory Turnover 52

Retalon

FEBRUARY 15, 2022

The forecast of future sales demand informs almost all of the decisions a retailer makes throughout the product journey: Planning. What’s more, you’re able to buy enough inventory to meet demand without being left with overstock. Planning inventory based on sales history depends on a logical approximation.

Markdowns 41

Markdowns Inventory Turnover Fulfillment Accounting 41

Shopper Motion

DECEMBER 16, 2020

They also contribute to the profitability of the company by fostering sales via marketing and in-store promotions and they manage everything related to product inventory, either they order new items or try to improve the speed of inventory turnover. Local Promotions. KPIs for products from a promotional flyer.

Management 52

Management Promotions Inventory Turnover Shopping 52

V Count

JANUARY 11, 2023

People counters also help you figure out if your customers are just there to buy gas, but with factual data at hand, you can now come up with new strategies and promotions to encourage them to visit your store. Plan Staff Schedule According to Rush Hours. Using an accurate traffic counter can drastically increase your conversion rates.

Inventory Turnover 40

Inventory Turnover Promotions Customer Experience Planning 40

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. For executives in planning and merchandising roles, this leads to sleepless nights and the nagging feeling there must be a better way.

Inventory Management 41

Inventory Management Management Dead-Stock Inventory Turnover 41

Rangeme

DECEMBER 16, 2021

As contingency plans, more executives are finding new vendor partners and sourcing domestically to keep their supply chains closer to home. Beauty rival Sephora is using artificial intelligence (AI)-based demand forecasting to increase inventory turnover and product availability with greater accuracy and efficiency. Retail Dive.

Shipping 52

Shipping Dead-Stock Beauty and Health Inventory Turnover 52