Remove Markdowns Remove Promotions 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. Target also is revising its sales forecasts, future promotion plans and cost expectations by category.

Planning 279
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Sick of hearing about AI? The key is understanding how to make it work for you

Inside Retail

Targeted advertising: You can use data to target promotions effectively, enhancing campaign ROI. Supply-chain optimisation: It is reported that AI-driven supply-chain management can reduce errors by 20-50 per cent, decrease lost sales and product unavailability by up to 65 per cent, and lower warehousing costs by 5-10 per cent.

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

Retail Assist

Intelligent algorithms within Merret Pro facilitate automatic stock movement between distribution centers and stores, optimising replenishment and reducing markdowns. Effortless Purchase Order Management Managing purchase orders becomes a breeze with Merret Pro. The result?

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

Retail Assist

It supports your global estate with zonal pricing modules for international timed promotions, and it’s adaptable to different languages, currencies, and time zones. Improved Supply Chain Management: Merret Pro revolutionises your supply chain by streamlining operations and improving inventory accuracy.

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Sustainable Supply Chains in 2022 (and Beyond)

Retalon

In short, true supply chain sustainability that minimizes waste while increasing profits can only be possible through the effective use of technology. Let’s take a closer look at how sustainable supply chain management results in efficient, cost-saving operations that are better suited to our current social, and environmental needs.