Inside Retail

OCTOBER 20, 2021

For example, a Business Characteristics Survey from the Australian Bureau of Statistics found that 41 per cent of businesses needed finance to strengthen their cash flow while a further 30 per cent of companies were in need of capital to upgrade machinery and equipment. . Limit credit exposure, get paid on time and drive improved cash flow.

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Inside Retail

FEBRUARY 8, 2023

This, he said, is “causing needless harm and cash flow challenges for small and family businesses.” Managing director at Spenda, a B2B payments solution company, Adrian Floate said that larger businesses should take more responsibility to pay in an appropriate time frame, and improve conditions for smaller players.

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Inside Retail

SEPTEMBER 4, 2023

The barcode was initially developed to improve the checkout experience and inventory management in the grocery sector and it is now used in almost every industry and sector. The barcode’s ability to provide detailed product information and traceability has led to significant improvements in food safety and recalls.

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Inside Retail

APRIL 10, 2024

I think you find that in retail, getting started in those sorts of projects requires senior management, usually the finance team, to really understand what’s possible,” Christophe DuMonet, managing director of Esker Australia, a global cloud platform that offers AI-based order-to-cash and source-to-pay solutions, told Inside Retail. “You

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Retail Focus

JUNE 29, 2021

At the same time, we also need to be driving real-time visibility for managers, designers and store merchandisers so they can grasp more of what’s happening daily, right on the shop floor. . Traditional paper-based checks can create blindspots when it comes to managing the retail experience. Going digital ticks all those boxes.

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Inside Retail

FEBRUARY 20, 2023

I think we’ve been proactive in managing the business and preparing it for a dynamic period.” If you manage it correctly, [these macroeconomic forces] won’t necessarily have a material impact [on the business].” “But we’d be silly not to acknowledge that there’s macroeconomic forces that are quite significant.

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Inside Retail

JULY 5, 2021

The pandemic has caused everyday interactions to move online at an accelerated rate, and businesses have been forced to respond in any way they can to keep the cash flowing in. With retail business leaders increasingly focusing on their supply chain management, here are three ways they can “unbound” their supply chains.

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Retail Focus

DECEMBER 16, 2024

In our view, Forecasting software is a far more effective approach to supply chain management. Accurate prediction of future demand based on seasonal trends and planned promotional activity drives more informed and timely buying decisions.

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RetailMinded

NOVEMBER 10, 2020

Add to that not being on top of your logistics management, and you can be facing disastrous consequences on the health of your business as a whole. Improving the logistics management process will translate into increased operational productivity and efficiency. Poor Warehouse Management. Logistics Management Can Be Conquered.

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Inside Retail

AUGUST 8, 2023

He also told Inside Retail that extended stays from visitors and tourists can lead to flow-on benefits, and inspire investment in other categories – such as hospitality spending, TV upgrades and other purchases to enhance the at-home experience.

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Inside Retail

JULY 28, 2024

In a nutshell Kic’s campaign invites customers to ‘find their flow’ by taking a quiz and having a ‘personalised pilates pack’ sent straight to the consumers’ inbox. Kontopoulos flagged the channel-less customer experience as “the next wave of retail” – despite the audience voting omnichannel as their guess.

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RetailMinded

JANUARY 28, 2022

Inventory management and control, despite their difficulty, are the most critical functions of a successful retail organization. . Many retailers’ success is contingent upon managing their inventory effectively. And overstocking your store will have a detrimental effect on your cash flow. Usual Types Of Retail Inventory .

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Retail Times

MARCH 22, 2021

From finding the right vendors to crafting mutually-beneficial agreements with them, the pointers below should give you some ideas that you can apply in your supplier management processes. What is supplier relationship management? The can also reveal critical vendor information that can be used later,” he adds.

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Inside Retail

JULY 27, 2023

Meanwhile, Woolworths’ strong cash flow, and robust back-end systems and processes – including its IT, fulfillment, and customer management – are complementary. He said that consumers were well informed as to what’s happening in the business landscape, and would be acutely aware of Milkrun’s collapse earlier this year.

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Inside Retail

JANUARY 11, 2024

Picture a scenario where all your payments flow through your central management system, ensuring complete automation across all channels. This means you can initiate and process a transaction in a point of sale directly from your management system.

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Inside Retail

FEBRUARY 2, 2022

The TDi/TDR mount points provide the camera with an excellent view of the platter while keeping it out of the flow of products. The scanner can read information from bar codes. For more information about the Magellan 9800i TDi, click here or contact Ken at Ken.Decker@datalogic.com. The Magellan 9800i TDi.

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Retail Focus

MAY 26, 2022

Then you spend an hour diving down a deep rabbit hole, looking through reviews, company information or whatever helps you sleep at night, trying to figure out if the seller is legit, and if so you enter your credit card information, purchase the shoes directly from the site, and promptly send those puppies straight to your front door. .

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Inside Retail

NOVEMBER 7, 2023

It is important that retailers recognise that BFCM is a sales opportunity that expands well beyond a four-day weekend,” advises Ben Eversfield, senior customer success manager at Klaviyo. Flows guide deal-driven leads through the marketing funnel and will delight loyal customers with relevant content.

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All Work

JUNE 30, 2022

People crave a break from the constant interruptions and overload of information that comes with technology. In fact, studies have shown that “sit less, move more” workplaces foster a 72% improvement in time management and completed workload. Today, tech-fatigue and tech-induced anxiety is nearly endemic to our population.

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Inside Retail

DECEMBER 2, 2024

Whether managing risk and compliance, retail media, marketing campaigns or allocating staffing resources, retailers are under growing pressure to meet the evolving needs of their consumers and stay ahead of competitors in a market flooded with promotions and campaigns. “It Now, all of that process flows through Monday.com.

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Inside Retail

OCTOBER 29, 2024

When these systems are integrated effectively, they offer several key benefits: Operational efficiency: By connecting different tools – such as e-commerce platforms, inventory management systems, and shipping solutions – retailers can automate workflows, reduce manual tasks, and minimise the risk of errors.

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Inside Retail

JANUARY 30, 2022

Whilst you would hope that is the exception rather than the rule, it is the accrued revenues, the forecast margins and aspirational cost management that become the most destructive. It is amazing really, the number of people that capably count revenue, yet cannot manage cost and believe that profit equals cash flow? Sensitivity.

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Inside Retail

APRIL 23, 2023

Check out the video below to hear the full conversation with Nadia Tan, head of partnerships in Apac for Meta; Nigel Poole, founder and CEO of specialist e-commerce agency Matter Design; Joshua Akerry, founder of online retailer The Anime Collective; and Jon Levy, country manager of Australia for Shopline.

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Inside Retail

JULY 25, 2024

In the webinar, Hinvest will explain how Culture Kings consolidated its SMS and email management on Klaviyo’s single tech stack and how integrating SMS into the platform ensures the company speaks to customers in the format they prefer. Klaviyo’s AI form optimisation makes pop-up timing testing a lot faster.

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Retail Focus

AUGUST 10, 2021

O2 Business has launched a new ‘Spatial Insight’ AI technology designed to enhance customer experience in their stores and other public spaces – delivering insights to managers around customer movement and flow. Getting hybrid working right.

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RetailMinded

AUGUST 1, 2024

In the age of e-commerce, it is important to ensure that every store owner has the ability to efficiently manage inventory. Regardless, the importance of inventory management remains the same. We will examine some of the latest technologies, such as barcoding, RFID, and inventory management software.

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Inside Retail

JUNE 28, 2021

Retailers must delicately navigate the flow of personal information, with 89 per cent of consumers valuing transparency in how their data is used as a trust factor. Generally, customers and brands engage in a value exchange, whereby the former agrees to share their information for personalised incentives catered to their preferences.

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Inside Retail

JUNE 29, 2021

We have plenty of stock in our supply chain, and purchase limits are a temporary measure to help us manage demand so that we can return our stores to a fully-stocked position as quickly as possible,” a Coles spokesperson told Inside Retail. “We

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Inside Retail

DECEMBER 15, 2022

But declining sales following the lifting of Covid-19 restrictions – and cash flow pressures after a period of phenomenal growth – were cited as reasons for the business falling into administration. For a company like Brosa, its [brand image] and inventory profile might have been challenging to manage.

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Inside Retail

APRIL 5, 2021

The firm’s “Jedox guru” –The Head of Planning, who leads a team of demand and supply planners and is responsible for both international and domestic stock flow for the business. We link our information together so it’s at all our departments fingertips to drive better outcomes,” he said. Now that information is available to everybody.

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Inside Retail

MARCH 19, 2024

The brand is now able to offer customers a true omnichannel experience, including integrated stock lookups, click-and-collect and the ability to access customer information at a store level. All the flows and the interactions, usability and the UX and UI, really supports that branding focus.”

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Inside Retail

FEBRUARY 18, 2024

“We wanted to give users the ability to better manage their cash flow. With BridgerPay and Shopback, Zalora doubled its revenue from BNPL and was able to better manage its tech resources. From Zalora : Zalora is a customer-centric organisation that doubles down on making the payment flow seamless for the customer.

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Inside Retail

AUGUST 5, 2021

We know that if job-related stress hasn’t been successfully managed, it can lead to burnout, resulting in decreased productivity, increased absenteeism, poor morale, and increased employee turnover. One of the best strategies for managing emotions is to name them. Make time for flow. New research shows that a state of flow (ie.

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Inside Retail

JUNE 19, 2023

Argon & Co, the global management consultancy that specialises in operations strategy and transformation, is delighted to announce the launch of a new ANZ service offering: Intralogistics. Like Argon & Co, their in-depth market knowledge delivers process improvements and lasting results for clients around the globe.

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Inside Retail

AUGUST 5, 2021

Eligible CommBank business customers who have applied for the Federal or State Government support measures and need additional cash flow support in the interim can call our Business Financial Assistance team on 13 26 07 to request bridging finance. The series covers mindfulness, stress management and performance.

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Inside Retail

OCTOBER 16, 2022

Everything that happens in an automated warehouse – from the simplest tasks to the very complex – can be classified as an “event” from the perspective of a WMS (warehouse management system) such as SynQ. Event-driven management, supported by robust communication architecture, delivers results as close to “real-time” as one can achieve.

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Inside Retail

APRIL 30, 2024

Central to this transformation was the adoption of NewStore , a unified commerce platform anchored in an omnichannel POS – with built-in solutions such as order and inventory management, clientelling, and store fulfilment. Before NewStore, we had many disparate systems across the organisation.

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