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Pilot Company Adopts Machine Learning Platform to Streamline Supply Chain Management

Retail TouchPoints

The 4R Systems solution will build on our existing inventory management processes to simplify store operations and dramatically improve our in-stock position. “We are always looking for ways to enhance the in-store experience for our team members and guests,” said Brian Ferguson, Chief Merchant for Pilot Company in a statement.

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Sustainability and Profitability: How Embedding Sustainability can Boost Business Performance

Retail TouchPoints

To meet Net Zero goals and comply with evolving regulations, companies must integrate sustainability across the value chain from raw materials to design, sales and marketing and supply chain management. Next, turn to skills such as sustainable procurement, supply chain management and stakeholder management.

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Black Friday 2024: Why automation is critical for Australian retailers

Inside Retail

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.

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Tariffs, Trade and Turmoil: Strategies for a Resilient Supply Chain

Retail TouchPoints

Build a Resilient High-Performing Supply Chain Intelligent supply chain management systems empower organizations to proactively mitigate risks, optimize resources and drive efficiency through methodologies and technology. Companies that fail to think proactively risk being left behind.

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Giant Eagle to Enhance Category Management at Nearly 500 Stores

Retail TouchPoints

Giant Eagle will upgrade its category management capabilities across its 216 supermarkets and 274 GetGo convenience stores, allowing the retailer to make more informed decisions about which products are placed where within its stores.

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8fig Raises $140M to Support Online Sellers with Funding, Financial Management Tools

Retail TouchPoints

8fig , a funding and management platform for ecommerce businesses, has closed a $140 million Series B funding round, bringing its total funding to date to $196.5 8fig provides ecommerce businesses (primarily marketplace sellers) with bespoke funding plans, optimized according to their supply chain and cash flow needs, to accelerate growth.

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Purple Shares Ascend Following Coliseum Capital Management Acquisition Bid

Retail TouchPoints

Purple Innovation has confirmed that investment firm Coliseum Capital Management made an unsolicited, non-binding proposal to acquire all outstanding capital stock of the digitally native mattress company for $4.35 per share on Sept. The news of the acquisition bid sent shares of Purple soaring to approximately $3.85 when markets opened Sept.