Retail TouchPoints

NOVEMBER 17, 2023

Shipping delays and stockouts lead to frustration and disappointment, especially when logistical problems impact time-sensitive purchases, such as special occasion gifts, event tickets or prescription medications. Using substitution tactics, retailers can recalibrate inventory levels.

Customer Experience 264

Customer Experience Inventory Management Fulfillment Inventory Turnover 264

Retail Focus

AUGUST 8, 2023

Order Fulfillment When outsourcing, retailers can benefit from streamlined inventory management, order processing, and shipping. Outsourcing inventory management to experts can optimize stock levels, monitor product trends, and ensure timely replenishments.

Loss Prevention 130

Loss Prevention Inventory Management Inventory Turnover Shipping 130

Inside Retail

FEBRUARY 26, 2024

This instability, together with increased gas and energy prices, has affected shipping costs. Set benchmarks for inventory management, including the rate of inventory turnover and tracking and fill rate. Pricing and promotional strategies will be vital as consumers are more cost-conscious. per cent and 1.8

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

RETAIL MANAGEMENT SOFTWARE

MARCH 11, 2022

Offering discounts and promotions are effective methods for moving stagnant inventory through the purchase cycle. Utilize drop shipments to avoid excess inventory on hand – Drop-shipping products allow you transfer customer orders directly to the manufacturer.

Inventory Management 111

Inventory Management Management Inventory Turnover Drop-Shipping 111

RETAIL MANAGEMENT SOFTWARE

APRIL 10, 2024

Pricing and Discount Management: Flexible pricing structures that allow for volume-based discounts, contract pricing, tiered pricing, and promotional pricing to attract and retain customers while maximizing profitability.

Wholesale 52

Wholesale Management Inventory Management Inventory Turnover 52

RETAIL MANAGEMENT SOFTWARE

AUGUST 5, 2024

Pricing Management : Set and adjust prices easily, including discounts, promotions, and seasonal sales. Order Management : Efficiently process online orders, manage shipping logistics, and handle returns seamlessly. Efficient Reordering : Set up reorder alerts to maintain optimal inventory levels and avoid stockouts.

Payment Services 52

Payment Services Inventory Management Inventory Turnover Fulfillment 52

Retalon

FEBRUARY 15, 2022

Price elasticity of demand, meaning the effect that a set price will have on demand, is an important consideration when setting prices, running promotions, or markdowns. When Inventory is proactively allocated among locations to meet demand, customers are not repeatedly met with empty shelves pushing them to other retailers.

Markdowns 41

Markdowns Inventory Turnover Fulfillment Accounting 41