Using analytics to optimize the retailer – vendor handshake
One of the biggest concerns for retail businesses is inventory management and procurement optimization. Finding a Solution for which could be the biggest victory for retail vendors.
Retail giants across the … Read More
Retail POS is an essential tool every retailer first adds to their software suite to run their business. From processing transactions to understanding your position in the market, POS enables a business to access more insightful data than ever before. … Read More
Supply chain management is the process that involves everything in the life span of a product, from purchasing of raw materials to production to distribution to reaching the customer most effectively and economically.
It’s not just the flow of materials … Read More
Planning your retail space is as crucial as any effort to make your retail business successful. It may look like a simple task, but there are a lot of details that can affect the purchase outcome. From creating a perfect … Read More
Multi-channel retailing is a proven retail strategy even small companies implement to increase their conversion rate. It is the retailing of products through multiple channels such as physical retail stores, E-commerce platforms, and online market places like social media, etc. … Read More
Predictive analytics has been around for many years. With every organization producing a massive amount of data, it’s now one of the essential business techniques to make better data-backed decisions. Modern businesses seek an edge to sell products, and services … Read More
The biggest challenge for suppliers and retailers is managing your product’s content through multiple business channels. Not only do you have to organize and distribute these products, but you have to provide marketing content too, such as videos, images, descriptions, … Read More
The amount of retail data generated today is growing exponentially. In this age of information overload, the first priority of any retailer or a supplier is to utilize analytical power to compile, store, analyze and transform this raw intelligence into … Read More
Suppliers are doing little with point of sales (POS) data! Because they consider it as another junk of disparate numbers. They are not clear about the tall order of its utility. They bring out their goods in random numbers to … Read More