Remove Exercises Remove Management Remove Point of Sale
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The Real Price of a Data Breach in Retail

Retail TouchPoints

This data, which includes sensitive customer information like credit card details, is stored across a number of environments and is accessible through millions of point-of-sales and IoT devices. Internal and external communication during and after a breach must form part of this exercise.

Retail 220
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Streamlining omnichannel retail with real-time inventory

Fabric

Managing inventory (keeping track of what’s in stock) in real-time (instantly) is crucial for retailers to sell against their product assortment effectively. Today’s retailers, grappling with the complexities of distributed inventory networks and multifaceted sales channels, require a solution that is both effective and intuitive.

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How a sophisticated POS solution can help mid-market and enterprise retailers manage their multi location retail business

iVend

Ordinary POS system disadvantages include significant investment in software; expenditure on servers and storage; in-house staff needed to manage the system. With a cloud-based system, the vendor manages the software and the hardware, and the retailer simply pays a fee for the software as a service.

POS 52
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How to Improve Retail Inventory Management and Avoid Loss

retailnext

Whatever the size of your retail business, inventory management is crucial to controlling your supply chain. Whatever systems you have in place to manage your inventory and minimize loss, it is always a good idea to be thinking about how you can improve upon them. Management Software. Cyber Security.

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Leveraging your loyalty program to nurture a retail community

iVend

Consider an exercise clothing retailer who runs yoga classes in their brick-and-mortar store, or a kitchen equipment brand that runs cooking demonstrations. Make it easy for them to engage, with a mobile loyalty management app that puts messages, offers and digital coupons directly into their hand.

Retail 98
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Risks of an Outdated or an Ordinary POS System

iVend

Ordinary POS system disadvantages include significant investment in software; expenditure on servers and storage; in-house staff needed to manage the system. With a cloud-based system, the vendor manages the software and the hardware, and the retailer simply pays a fee for the software as a service.

POS 52
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Backorders: Meaning, Causes, Solutions, and Comparison vs. Out of Stock

Fabric

A study from 2020 showed that unavailable products caused consumers to shop elsewhere, producing a total sales loss of $71.4 And according to Multichannel Merchant, out of stock situations cost companies over 10% in lost sales. Backorder inventory can be made available for every inventory replenishment.