Retail TouchPoints

JANUARY 10, 2024

There’s been a lot of talk recently about retailers reporting lower-than-expected earnings due to inventory shrinkage. According to the Corporate Finance Institute , “Inventory shrinkage occurs when the number of products in stock are fewer than those recorded on the inventory list. What does this mean exactly?

Shrinkage 310

Shrinkage Bar Codes Shipping Finance 310

Retail TouchPoints

JUNE 25, 2020

Detego , an RFID software solution provider for fashion and sports retailers, has launched tools that validate factory shipments at the item level, to help prevent shipping errors and provide complete traceability throughout the supply chain.

Shrinkage 264

Shrinkage Shipping Fashion Management 264

Retail TouchPoints

JULY 18, 2024

Understaffing contributes to theft and shrinkage in general, but it also creates an increasingly impersonal feeling for offline shopping ,” said Nick Kramer, Leader of Applied Solutions at SSA & Co. We’re also doing ship-from-store in about 350 stores for inventory mitigation as well as [delivery] speed,” said Summers.

Customer Experience 278

Customer Experience Kiosk Shrinkage Shipping 278

Retail Wire

OCTOBER 3, 2023

Demand shrinkage has led both companies to fight for business, resulting in opportunities for customers to reduce shipping costs. After more than four years, U.S. retailers and other delivery customers are gaining the upper hand in negotiations with UPS and FedEx, securing discounts, a reversal from 2021 and the first half of 2022.

Shrinkage 113

Shrinkage Shipping 113

Retail Focus

AUGUST 8, 2023

Order Fulfillment When outsourcing, retailers can benefit from streamlined inventory management, order processing, and shipping. Outsourcing security and loss prevention services to professionals can significantly reduce the risk of theft, shoplifting, and inventory shrinkage.

Loss Prevention 130

Loss Prevention Inventory Management Inventory Turnover Shipping 130

365 Retail

SEPTEMBER 1, 2024

Reducing Shrinkage: In retail, inventory shrinkage brought on by theft, fraud, or mistakes presents a major problem. Attached to pallets, vehicles, and shipping containers, sensors track goods’ position, temperature, and condition of travel to guarantee they reach in flawless state.

Payment Services 120

Payment Services Shrinkage Checkout Consumer 120

Wiser

JANUARY 12, 2021

If you’re selling a big-ticket item with low turnover and high shipping and shrinkage costs , you might end up actually eroding your margin with keystone pricing. Likewise, if your sales volume is extremely high at launch, you could raise the selling price to increase your margin. Of course, not all product launches are created equal.

Wholesale 78

Wholesale Shrinkage Markdowns Returns 78