Operations & Management

How Is URBN Boosting Nuuly’s Growth with Logistics Investments?
Operations & Management How Is URBN Boosting Nuuly’s Growth with Logistics Investments?

Urban Outfitters, Inc. (URBN), a key player in the retail industry, is doubling down on its commitment to Nuuly, its burgeoning rental clothing brand. By channeling substantial investments into logistics and automation, URBN aims to set the stage for Nuuly’s expansive growth. These efforts reflect t

SoftPOS Revolutionizing Retail Payments with Flexibility and Cost Efficiency
Operations & Management SoftPOS Revolutionizing Retail Payments with Flexibility and Cost Efficiency

In today’s fast-evolving retail environment, digital payment technologies are transforming the industry landscape. A notable shift is occurring from traditional point-of-sale (POS) systems to software-based point-of-sale (SoftPOS) solutions. This article delves into the implications of this t

How Can RELEX Solutions’ True Inventory Solve Phantom Inventory Issues?
Operations & Management How Can RELEX Solutions’ True Inventory Solve Phantom Inventory Issues?

Retailers increasingly face a persistent issue known as "phantom inventory," where system records show items as available that are not actually in stock. This discrepancy can lead to lost sales, customer dissatisfaction, and a cascade of operational headaches. Enter RELEX Solutions

How Will SBP's Retail Portfolio Limit Increase Impact Banks?
Operations & Management How Will SBP's Retail Portfolio Limit Increase Impact Banks?

In a significant move aimed at providing regulatory relief and stimulating economic stability, the State Bank of Pakistan (SBP) has raised the regulatory retail portfolio limit for banks from Rs180 million to Rs300 million. This adjustment is part of the SBP's broader strategy to alleviate the

Indian Auto Retail Struggles with Record-High Unsold Vehicle Inventory
Operations & Management Indian Auto Retail Struggles with Record-High Unsold Vehicle Inventory

The Indian auto retail industry is grappling with an unprecedented issue as unsold passenger vehicle (PV) inventory has surged to record-high levels. As it stands, the unsold inventory has ballooned to 7.9 lakh units, with an astonishing market value of ₹79,000 crore. This alarming rise in unsold v

AI and RFID Revolutionize Retail Shrinkage Management Amid Rising Losses
Operations & Management AI and RFID Revolutionize Retail Shrinkage Management Amid Rising Losses

Retail shrinkage is costing businesses billions of dollars each year, posing a dire threat to the bottom line of countless retailers across the globe. Encompassing a multitude of issues such as shoplifting, internal theft, administrative errors, and fraudulent activities, shrinkage creates a

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