Inside Retail

OCTOBER 24, 2024

As the Black Friday 2024 shopping frenzy approaches, Australian retailers are gearing up for their biggest challenge yet – managing skyrocketing demand while staying efficient. Meanwhile, retailers face a flood of orders, warehouse bottlenecks, and potential supply chain disruptions. The key to thriving? Automation.

Drop-Shipping 264

Drop-Shipping Shipping Fulfillment Inventory Management 264

Retail TouchPoints

SEPTEMBER 25, 2023

Thomas Goldsby But after the wild pendulum swings caused by COVID — first not enough product, then a glut of it — the state of global supply chains deserves more sustained attention. RTP: What impact do returns have on supply chain costs? We’re now battle-tested.”

Returns 295

Returns Supply Chain Management Fulfillment Customer Experience 295

Retail TouchPoints

AUGUST 18, 2020

Organizations would do well to identify secondary suppliers that can help mitigate risks in their supply chain. Many supply chain leaders cite predictive analytics as the Holy Grail of enterprise risk management, but more often than not, their organizations lack any meaningful ability to generate and act upon these analytics.

Supply Chain Management 259

Supply Chain Management Management Returns Fulfillment 259

Retail TouchPoints

OCTOBER 28, 2022

Every business has a number of core processes, units and departments that each function as vital cogs in the machinery, including manufacturing, order management, purchasing inventory, accounting, human resources, financial management and so much more. What Should you Look for in your Retail ERP System? That is not all.

Supply Chain Management 258

Supply Chain Management Inventory Management Management Accounting 258

M19 Retail

OCTOBER 11, 2024

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.

Supply Chain Management 52

Supply Chain Management Inventory Management Management Markdowns 52

Retail TouchPoints

APRIL 28, 2022

There is no doubt that customers value convenience over sustainability, which is why same-day shipping remains a popular delivery option along with the increasing rate of returns in ecommerce. Step 3: Digitization and Automation to Increase Transparency in the Supply Chain. Step 5: Returns Analysis and Recommerce.

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Planning Drop-Shipping Supply Chain Management Returns 245

Inside Retail

SEPTEMBER 3, 2024

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.

Loss Prevention 245

Loss Prevention Checkout Shrinkage Supply Chain Management 245

Retail TouchPoints

FEBRUARY 11, 2021

Now the store is viewed as a flexible asset, capable of fulfilling a variety of needs: Distribution center supplying inventory to other locations Ecommerce fulfillment Amazon return hub Curbside pickup Private bubble/pod shopping location Retooled for more buying, less shopping Emphasis on health and safety, contactless shopping.

Retail Trends 228

Retail Trends Payment Services Supply Chain Management Fulfillment 228

Retail TouchPoints

SEPTEMBER 18, 2023

Here’s a look at how Amazon is moving even further away from the domain of retailer with the debut of new services in supply chain management, shipping, banking, market research, product development, inventory management and more.

Payment Services 315

Payment Services Shipping Fulfillment Finance 315

Wiser

JUNE 5, 2023

As a small business owner, managing supply chain issues is nothing new. Because smaller retailers cannot always order in bulk or far in advance like many larger retailers do, any supply chain disruptions are often felt faster and stronger by small businesses.

Management 147

Management Drop-Shipping Shipping Supply Chain Management 147

Retail TouchPoints

MARCH 21, 2022

5G is expected to be a powerful catalyst to disrupt retail operations, from optimizing warehouses and supply chain management to transforming the in-store customer experience through personalization and product engagement. 5G can Drive Consumer Engagement.

Payment Services 253

Payment Services Checkout Supply Chain Management Customer Experience 253

Inside Retail

MARCH 26, 2024

In the realm of commerce, a gap exists in the market – along with a major opportunity – particularly FOR large-scale item returns, within the domain of consumer-to-business (C2B) reverse logistics. Returns aren’t great for consumers or vendors. Also, certain product categories are more complex to process when returned.

Returns 130

Returns Supply Chain Management Accessories Customer Experience 130

Retail Focus

SEPTEMBER 7, 2021

Supply chains must be agile enough to cope with unexpected gaps in workforces, which involves two levels of contingency planning. The first affects stock inventory management. The most efficient and effective supply chains embrace uncertainty – something that’s turbocharged during planning for peak.

Inventory Management 148

Inventory Management Supply Chain Management Shipping Planning 148

Retail TouchPoints

SEPTEMBER 14, 2023

“When you’re talking about same-day or next-day delivery and the last mile, it’s not only the labor and equipment needed to move it; it’s also inventory positioning,” said Matt Katz, Managing Partner at SSA & Co. in an interview with Retail TouchPoints. Unemployment is at 3.5%

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Fulfillment Shipping Supply Chain Management Consumer 251

Retail TouchPoints

MARCH 30, 2023

In the past, many of these consumers have returned to national brands once the economy has recovered. Sourcing responsibly while maintaining an optimal balance between price and quality may seem daunting, but as with most challenges related to supply chain management, digitalization makes it possible.

Consumer 202

Consumer Supply Chain Management Returns Management 202

Inside Retail

AUGUST 25, 2021

As we closed out 2020, all data sources pointed towards households reverting to pre-Covid behaviours and a return to a more consistent and predictable purchasing rhythm. Sporadic outbreaks aside, the supermarket industry was returning to something close to normality. Scope a project with us.

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Consumer Supply Chain Management Returns Supermarket 147

Retail TouchPoints

MAY 26, 2022

Dr. Thomas Goldsby , Professor and Chair in Logistics in the Supply Chain Management Department of the University of Tennessee , revealed some of the less obvious reasons for rising prices, the virtues and limitations of “nearshoring” via domestic supply chains and the prospects for supply chain improvements during holiday 2022 and into 2023.

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Promotions Supply Chain Management Consumer Shipping 271

Inside Retail

DECEMBER 21, 2022

With inventory availability being one of the top priorities for shoppers this holiday season, retailers must leverage their inventory management and customer experience tools to optimise their merchandise strategies. Not only will this help ensure margins are managed, but it will ensure customer expectations are met.

Supply Chain Management 130

Supply Chain Management Customer Retention Inventory Management Customer Experience 130

Retail Focus

NOVEMBER 3, 2023

Optimizing Supply Chain Management Digital technologies provide: Real-time visibility in supply chain management. Management of inventory sales. It makes the supply chain management process more efficient and reduces costs. Allowing retailers to track product movement.

Supply Chain Management 130

Supply Chain Management Customer Experience Consumer Management 130

Retail TouchPoints

JULY 27, 2020

And the backlash — the desire for a return to substantive human interactions — had already begun too. Being relevant now means offering purchase protection with delivery coverage, extending return windows and facilitating curbside pickup. The yearning for in-person contact is now stronger than ever.

Retail Trends 179

Retail Trends Payment Services ATS Checkout 179

Independent Retailer

AUGUST 1, 2022

Some analysts have predicted that it could take until mid-2024 for supply chains to return to relative normal, but that period of ‘normal’ could be short-lived since McKinsey reports that significant disruptions to manufacturing production now occur every 3.7 Common Inventory Management Headaches. years, on average. .

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Inventory Management Management Inventory Turnover Supply Chain Management 73

Inside Retail

NOVEMBER 29, 2021

Supply chains were invisible – pulled, twisted, and managed by retailers in such a way that shelves were always full. This is particularly true for retail supply-chain management. In the past, supply-chain challenges may have redirected consumers to local products. Start with the data.

Supply Chain Management 130

Supply Chain Management Customer Experience Consumer Planning 130

Retail TouchPoints

AUGUST 4, 2020

The result would have been a shorter shortage period that would throttle down panic buying behavior and ensure a swifter return to baseline demand in this category. The Flour Shortage: How Packaging Impacts Supply Chains. Retail will not return to the “normal” that we were all used to.

Fulfillment 162

Fulfillment Supply Chain Management Space Planning Returns 162

Inside Retail

NOVEMBER 28, 2022

Now, the company aims to create its own e-commerce supply-chain system, incorporating warehousing, transportation, delivery, returns management and, of course, analytics on user behaviour and shopping habits. More sales means more returns . Higher customer expectations . Warehouse dilemma: humans or robots .

Social Commerce 130

Social Commerce Merchant Services Payment Services Fulfillment 130

RETAIL MANAGEMENT SOFTWARE

OCTOBER 22, 2024

A centralized database acts as a single source of truth for all business data, allowing retailers to manage information from multiple channels and locations efficiently. Enhanced Inventory Management Effective inventory management is vital for retail success. Key Benefits of a Centralized Database for Retailers 1.

Inventory Management 90

Inventory Management Location Management Supply Chain Management 90

Retail TouchPoints

APRIL 19, 2021

Unsurprisingly, customers facing unexpected charges upon delivery are often refusing to accept deliveries of products, and this is causing 30% of orders to be returned , according to Statista data. Christophe Pecoraro is Managing Director, PFS Europe . As Managing Director, he oversees all PFS operations across Europe.

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Fulfillment Supply Chain Management Management Promotions 146

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

Inside Retail

SEPTEMBER 16, 2022

Russel Creedy, group CEO, joined the business in 2001 as supply chain manager and served as GM for Pizza Hut in New Zealand. Restaurant Brands is a corporate franchisee and specialises in managing multi-site branded food retail chains. He took on the CEO role in 2007. Creedy will retire on 31 March next year. “I

Beauty and Health 130

Beauty and Health Supply Chain Management Management Returns 130

365 Retail

JUNE 8, 2022

But with great gains come great returns. Significant revenue gets lost when mass quantities of orders are returned, leaving retailers with a ton of inventory that is then discounted, liquidated, or even thrown out. Here, we outline five fundamental approaches to building an efficient returns strategy to recoup at-risk revenue.

Returns 52

Returns Inventory Management Supply Chain Management Management 52

Wiser

DECEMBER 20, 2023

Concurrently, the potential for expedited shipping and easy returns made online shopping a more appealing choice for holiday purchases. Optimizing supply chain management, forecasting demand more accurately, and closely monitoring stock levels can help maintain high product availability, thereby preventing customer churn to competitors.

Retail Trends 147

Retail Trends Promotions Supply Chain Management Consumer 147

I Vend

AUGUST 13, 2023

They put customer requirements at the heart of store operations – whether that’s merchandise, functionality online store functionality, omnichannel retail transactions, returns policy, payment options, in-store service, or tailored loyalty programs. So the first common feature we see in successful retailers is their customer-centricity.

Payment Services 98

Payment Services Point of Sale Inventory Management Supply Chain Management 98

Inside Retail

SEPTEMBER 14, 2023

From robotics to artificial intelligence (AI), Warehouse Management Systems (WMS) to the internet-of-things, the vast majority of organisations either have, or are planning to install automation technology in their supply chain in 2023. In this digital era, data is the currency that drives success.

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Fulfillment Supply Chain Management Planning Management 130

Inside Retail

APRIL 25, 2023

This can be seen by the adoption of QR codes – the use of which accelerated amid Covid-19 restrictions – self checkout in supermarkets and autonomous mobile robots, which are being utilised by major retailers for (among other things) logistical, supply chain and other inventory management tasks. The scenarios are endless.

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Shopping Payment Services Inventory Management Supply Chain Management 130

Nvidia

JANUARY 24, 2022

And with NVIDIA Fleet Command , which securely deploys, manages and scales AI applications via the cloud across distributed edge infrastructure, these solutions can be remotely deployed and managed securely and at scale across hundreds of distribution centers. Digital Twins and Simulation. 26, at 2 p.m.

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Supply Chain Management Management Shipping Returns 113

365 Retail

DECEMBER 8, 2021

Many small to medium-sized retailers often think that in order to grow they’ll need to make large-scale investments into robust stock inventory management systems to meet demand effectively. By automating the inventory management process, retailers will reduce the opportunity for error and ensure accuracy of every stock movement.

Inventory Management 52

Inventory Management Management Fulfillment Supply Chain Management 52

A1 Retail

MARCH 18, 2022

One of the key actions we’ve seen from retailers who’ve best tackled the disruption of the last 24 months has been prioritising investment to overhaul legacy supply chain systems and off-the-shelf management programmes that don’t have the capabilities to react to a business’ individual needs. 1) Think data-first.

Management 52

Management Supply Chain Management Inventory Management Returns 52

I Vend

DECEMBER 10, 2023

Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail. So inventory management is essential. Retail technology can streamline inventory management by enabling retailers to accurately track goods from delivery to sale through to returns.

Shrinkage 94

Shrinkage Inventory Management Store Layout Checkout 94