Inventory Management

Agility and Visibility: The Secret to Surviving and Thriving in Retail Today
March 17, 2021 at 2:57 pm

Online shopping has been on the rise for years, but due to the coronavirus pandemic, that growth skyrocketed in 2020. You just have to look at the trends from this last holiday season to see the proof: 71 percent of U.S. adults were planning to do more than half of their holiday shopping digitally in 2020,…

Capturing the Marketplace in 2021: 3 Key Challenges That Retailers Face
February 15, 2021 at 7:47 pm

Over the past decade, e-commerce has seen tremendous growth, and the COVID-19 pandemic has accelerated it further. The retail landscape has changed drastically, and retailers have had to find creative ways to compete with giants like Amazon.com. As we kick off the new year, it's top of mind for retailers to come up with strategies…

How 2020 Shaped Consumer Behavior: Key Insights for 2021
February 10, 2021 at 1:05 pm

A year ago, we couldn’t have imagined that toilet paper would be the hardest thing to find on store shelves, or that we’d be wearing masks in stores and making purchases behind plexiglass barriers. What 2020 has taught the retail industry — and the whole world — is that a lot can change practically overnight.…

IoT Tech Trends to Look for in 2021
February 9, 2021 at 7:29 pm

2020 was an unprecedented year that has changed the retail industry forever, turning omnichannel operations on its head. With many stores closed and customers staying at home, retailers had to rethink their overall strategy, many converting in-store inventory to fulfill online orders and turning stores into temporary distribution centers. Buy online, pick up in-store (BOPIS)…

Connected Inventory 2021: The Future of Retail is Already Here
January 27, 2021 at 2:28 pm

Brick-and-mortar stores were already evolving before the global pandemic accelerated the shift to e-commerce. More than ever, customers know what they need and are going directly to a store that has it, either to buy it or pick it up having ordered online. This consumer behavior makes inventory visibility more important than ever for retailers.…

Can You Anticipate the Future of Selling?
January 14, 2021 at 3:00 pm

The future of selling requires retailers and brands to anticipate customer and channel demand shifts. The problem is companies admit they're not quite ready. According to a recent Forrester study of footwear and apparel brands and retailers, fewer than one-third of brands believe they're fully prepared to act on demand shifts in their market, and…

Amazon Sellers Are Concerned About Limited Warehouse Space
December 9, 2020 at 7:40 pm

Several Amazon.com sellers are concerned over a recent policy change, CNBC reported. The policy is meant to help the e-commerce giant save space in its warehouses as it faces a pandemic-fueled surge in online orders alongside the usual peak holiday shopping season. In August, Amazon announced it would be enforcing stricter quantity limits on shipments from…

How to Prepare Your Online Store for the Holiday Season During COVID-19
November 25, 2020 at 11:56 am

We’re already getting super hyped for the holiday season. From delicate snowfalls to generous gift-giving to spending time with family and loved ones, it really is the most wonderful time of the year. If you work in retail, however, the holiday season can mean something very different. Many boutique owners find themselves busier than ever…

The New Era of Retailing: Innovations and Predictions for the Future
November 11, 2020 at 11:31 am

For years the retail industry has experienced significant transformation in order to keep up with consumer demands and expectations, and while some have found success, others haven’t been nearly as lucky. Amidst a world-altering pandemic, however, the entire industry has been challenged in unexpected ways. Issues surrounding everything from operations, sourcing, supply chain, fulfillment, supply/demand,…