And just like that…we wrap up the NRF 2022 blog series with our day 3 recap! It was a pleasure to attend retail’s big show and meet with retailers, vendors, and industry experts to discuss important conversations surrounding retail and technology. In today’s blog, discover what questions we received from
Day one at NRF 2022 was a huge success and we couldn’t wait for a fun-filled day two! In today’s recap blog, discover two of our favorite keynote sessions and our thoughts on the retail topics. Session #1 | Becoming the “Total Home” destination: A conversation with Lowe’s chairman and
Retail’s big show in New York City is back in-person this year! Though attendance is smaller than anticipated, we’ve still had the opportunity to partake in great conversations with retailers, vendors, and industry experts. (On the plus side, the Starbucks line is shorter). While we’re at NRF 2022, tune into our
What we’re excited to discuss at NRF 2022 If 2020 and 2021 taught retailers anything, it’s that uncertainty is the new normal. We’ve seen uncertainty with demand, customer behavior, and the supply chain. For retailers, the old way of dealing with demand was to buy excess inventory to fulfill stores for
The rush to start Christmas shopping came much earlier this year. Many consumers started working on their family and friends Christmas lists in early September to ensure they not only get the presents before they sell out, but that they also arrive on time. Why, you may ask? We’re experiencing
Forecasting is critical to any retail company. Without having a forecasting process in place, it is near impossible to have the right stock on hand. Too much merchandise in the warehouse means your inventory is collecting dust, and not enough on the shelves can hurt your brand image. Such a
89% of grocers don’t have the readily-available data to assess promotions. Do you know how your grocery promotions are performing? Do you have a clear picture of each promotion’s ROI? The lack of promotion insight results in a lack of promotion optimization — costing grocers million of dollars each year!
Introduction Omni-channel retailing has changed the meaning of inventory demand and inventory forecasting. Demand fulfilled from a location changes dynamically based on what stock is available in the network. New delivery options and supply methods are constantly being added which makes the previous inventory positioning strategy outdated. Customers select from
Overview Efficient and reliable routing of customer orders is critical in today’s retailing environment. Even in one of the largest and most efficient supply networks, Amazon, shipment costs are 14% of retail sales. That’s a big number, and for most retailers who are not at the scale of Amazon, those
A look at how Kroger, Target, and Home Depot are adjusting their supply chains to meet customers’ omni-channel fulfillment needs Overview Free two day delivery and grocery pickup are quickly becoming customers’ ‘standard’ delivery expectations. However, customers’ expectations won’t stop there as more and more retailers figure out better ways
