Inventory

Transforming Retail: Top Nine IoT Applications Revolutionizing Shopping
Tech & Innovation Transforming Retail: Top Nine IoT Applications Revolutionizing Shopping

The retail industry is undergoing a profound transformation, driven by the integration of Internet of Things (IoT) technologies. These advancements are reshaping various facets of the retail landscape, from inventory management and customer experience to security and loss prevention. By leveraging

Revolutionizing Retail: AI-Powered Analytics for Smarter Merchandising
Tech & Innovation Revolutionizing Retail: AI-Powered Analytics for Smarter Merchandising

In the fast-paced world of retail, merchandisers are constantly inundated with massive amounts of data. Historically, decisions were made on intuition and limited data points. Today, they have access to an extensive array of data sources — from real-time sales to customer behavior analytics. Yet, t

How Can 3PL Providers Revitalize Retailers' Zombie SKU Inventory?
Operations & Management How Can 3PL Providers Revitalize Retailers' Zombie SKU Inventory?

In today’s constantly evolving retail market, one of the most pressing challenges is the issue of "zombie SKUs." These are inventory items that remain stagnant, occupying valuable storage space without generating revenue for retailers. Various factors such as returns, the need for r

Leveraging Deal Days: Long-Term Success Strategies for Marketplaces
E-Commerce Leveraging Deal Days: Long-Term Success Strategies for Marketplaces

Deal Days, such as Amazon's Prime Day and retail-driven events like Black Friday and Cyber Monday, present invaluable opportunities for brands to amplify their online sales and overall visibility. These high-traffic shopping holidays not only drive short-term revenue spikes but can also be

Glimpse Analytics and Retail Aware Merge to Transform Retail Data Usage
Tech & Innovation Glimpse Analytics and Retail Aware Merge to Transform Retail Data Usage

The retail landscape is undergoing a seismic shift with the merger of Glimpse Analytics and Retail Aware, two leaders in retail analytics and customer behavior insights. This strategic alliance, now operating under the Glimpse brand, aims to revolutionize data usage within the sector, delivering

Are Rising Business Inventories a Sign of Economic Resilience or Risk?
Operations & Management Are Rising Business Inventories a Sign of Economic Resilience or Risk?

The recent economic trends, particularly the rise in business inventories, have become a focal point for analysts and policymakers alike. As businesses accumulate stock in response to various market signals, questions arise about the implications for the broader economy and Federal Reserve policy.

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