Remove Management Remove Markdowns Remove Supply Chain Management
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Target Plans Short-Term Profit Margin Hit as it Right-Sizes Inventory for Future Growth

Retail TouchPoints

Target is taking multiple actions to right-size its inventory, including additional markdowns, removing excess inventory and cancelling orders, as it makes room for merchandise including groceries and back-to-school supplies.

Planning 279
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Why Your Supply Chain Management System Depends on the Right Retail Inventory Management Software

M19 Retail

Why Your Supply Chain Management System Depends on the Right Retail Inventory Management Software In today’s complex retail environment, managing a supply chain management system is no small feat.

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Sick of hearing about AI? The key is understanding how to make it work for you

Inside Retail

Inventory management Predictive analytics: This helps optimise your stock levels, preventing overstocking and stockouts. We all know that omnichannel is a challenge to manage against the product and customer objectives of your brand or business. This means you can get the most out of each product you are selling.

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AI-driven solutions take supply chain planning to the next level

Inside Retail

Supply chain disruption may have become a singularly hot topic in retail circles these past years, but a focus on improving supply chain planning and forecasting is far more than just a passing trend.

Planning 130
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Health crisis: what impact on supply management in points of sale?

M19 Retail

The multiplication of choices induced by this model translates into a drop in productivity of the physical store space and an increase in markdowns at the end of the season to sell unsold products. This complexity requires more planning effort than only large data analysis and algorithms using artificial intelligence can help manage.

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Streamline Your Supply Chain with Merret Pro: The Ultimate Retail ERP Solution

Retail Assist

Successfully managing a retail supply chain can be a daunting task, but with the right tools and software, it becomes a seamless process. It addresses the pain points of inventory management, logistics, and data overload by providing unparalleled visibility across your entire supply chain. The result?

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What is a Retail ERP System, and Should Your Business Have One?

Retail Assist

It calls for a seamless integration of all business processes, from inventory management to customer experience. For retailers, this means combining all aspects of the supply chain such as inventory and warehouse management into one cohesive platform. Is an ERP System Right for Your Retail Business?