Inside Retail

JANUARY 31, 2022

The same barcode that you use at your point-of-sale can also be scanned on a phone by the consumer so they can access a lot of information about the products they’re buying. It’s a great opportunity for retailers to start thinking about how to engage with your customer and provide a better shopping experience.”.

Markdowns 130

Markdowns Point of Sale Inventory Management Supermarket 130

M19 Retail

APRIL 14, 2021

The health crisis is accelerating the transformation of physical points of sale. 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. Recent Posts.

Point of Sale 52

Point of Sale Management Markdowns Accounting 52

I Vend

OCTOBER 26, 2024

The best way to achieve inventory visibility is by using powerful inventory management software, integrated with your point-of-sale (POS) system. Additionally, real-time inventory management makes it easier to identify slow-moving stock and make adjustments to promotions or markdowns to clear it out.

Inventory Management 52

Inventory Management Point of Sale Management Markdowns 52

Wiser

NOVEMBER 29, 2023

Tactics often include bulk buying discounts, rebates, or incentives like free point of sale displays. Trade spend is employed in trade promotion in several ways: Discounts and Special Offers: Brands often provide markdowns on their products to retailers.

Promotions 146

Promotions Consumer Wholesale Advertising 146

Retail Assist

JUNE 22, 2023

This minimises out-of-stock situations, leading to increased sales and customer satisfaction. Intelligent algorithms within Merret Pro facilitate automatic stock movement between distribution centers and stores, optimising replenishment and reducing markdowns. The result?

Payment Services 52

Payment Services Markdowns Inventory Management Supply Chain Management 52

Wiser

OCTOBER 13, 2020

Here are some of the most common types of trade promotions: Discounts and markdowns. Offering markdowns or discounts for specific channel partners could appeal to the most price-sensitive segment of their shoppers. Trade promotions can take several different forms. Think Creatively. Try combining different approaches.

Promotions 78

Promotions Visual Merchandising Markdowns Wholesale 78

365 Retail

JUNE 5, 2024

Advanced inventory management software integrates with point-of-sale systems, monitoring every sale and tracking stock levels. Managers can visualize metrics like sales trends, inventory turnover, and customer lifetime value. But how do they work? As items run low, the system automatically places reorders with suppliers.

Payment Services 52

Payment Services Inventory Management Checkout Inventory Turnover 52