Remove Order Fulfillment Remove Payments Remove Supplies
article thumbnail

Michaels Prepares Marketplace Offering to Offer More Than ‘Just Coupons and Discounts’

Retail TouchPoints

Michaels will launch a marketplace for third-party craft supply sellers, though no debut date has been set. The retailer also is currently seeking third-party solution providers in areas including payment processors, order management and shipping and fulfillment.

Payments 264
article thumbnail

Mastering Retail Digital Transformation: Key Elements, Benefits, Challenges, and Strategies

RETAIL MANAGEMENT SOFTWARE

Mobile Integration: Offering mobile apps for seamless shopping and mobile payments and enhancing in-store experience with mobile POS systems. Supply Chain and Inventory Management: Leveraging real-time data to optimize supply chains, ensuring quick delivery, minimizing stockouts, and reducing costs through efficient inventory control.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Holiday Leftovers? Here are 4 Ways Sellers can Minimize Excess Inventory

Retail TouchPoints

Among them were unpredictable shipment of supplies and waning consumer demand that left many with excess inventory. Further, excess inventory can lead to lost revenue because products that are not sold quickly can become obsolete or go out of fashion. This is especially important in the wake of continued supply chain uncertainties.

article thumbnail

How Enterprise Modernization and Artificial Intelligence are Charting a New Course for the Consumer Industry

Retail TouchPoints

Whether it’s the food and beverage sector, apparel and footwear or automobiles, direct-to-consumer businesses are grappling with the consequences of shifting consumer behaviors against the backdrop of an unpredictable global supply chain. These businesses find themselves at a demanding intersection.

Consumer 246
article thumbnail

Best Inventory Management Software

Kissmetrics

Getting the best inventory management software for your business will make all of it a reality. And if that isn’t enough, the software tool can also help you reduce operating costs, increase revenue, and most importantly, ensure greater customer satisfaction. QuickBooks Commerce can simplify your supply chain and order management.

article thumbnail

Do You Have What It Takes to go from Wholesale to DTC?

Retail TouchPoints

A tech stack is the ecosystem of hardware and software platforms needed to manage the DTC order fulfillment process from end to end. Sure, you could build the infrastructure to handle DTC fulfillment yourself, but would the bump in revenue from those sales make it worth your while?

article thumbnail

How to Create an Online Store in 2020: The Complete Guide

Ecommerce Platforms

Thanks to things like store builders, WordPress, and even dropshipping, you have countless ways to design an eCommerce website and start earning money through Pay Pal and credit card payments in no time. Step 10: Establish Your Payment Methods. However, it’s usually much easier to decide how you’re going to supply your inventory first.