Blog
Getting the right size of an item into the right retail store or channel is something which has been a cornerstone of merchandise inventory management. Inevitably by fine tuning this process retailers can have a huge impact on a number of factors including: 1. Happier customer: Right size, right stock, right place right time ultimately…
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Many retailers today are struggling with the challenge of managing inventory in a Multichannel environment. The art of selling is extremely simple however the art of inventory management with increasing selling channels comes with many nuances which mean that effective inventory management systems which support the process are become increasingly necessary. Advantages of multiple channels…
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The focus on digital transformation in retail increases The focus on digital transformation continues to increase in retail according to the world retail congress retailers are making digital transformation their highest investment priority * and with more money to spend with Gartner predicting retail tech spend will grow by 3.6% in 2019 to $203.69 billion…
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Today’s retailers are more adept than ever before of ensuring that any new software has to integrate seamlessly with existing systems, be future proof and above all deliver a rapid Return On Investment. Many retailers today planning process have evolved by using spreadsheets. The investment is not customer facing it is not immediately visible on…
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The end of 2018 is weeks away and I’m sure many of you looking forward to the upcoming holidays here at Island Pacific we are already looking past the busy holiday period to the 2019 NRF BIG Show. It is that time of year of once again and the excitement is building amongst our elite…
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How does the future look for brick-and-mortar retail? Despite some depressing commentary from the world’s media, it is important to take into account that 66 percent of store closures come from only 16 retailers, according to IHL1. No one can deny that the consistent rise in online shopping over the past years. Therefore, it is…
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The constantly shifting landscape of the retail world means that retailers must be on their toes, the latest customer trend, frictionless shopping, is here to stay. Today’s consumers no longer have the patience for a disruptive service, they now expect the experience to be frictionless. In 2017, the Baymard Institute looked at 37 cart abandonment…
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Watch our thought provoking webinar and take a look at three experts views with different perspectives on Retail Merchandise Planning. If implementing a Merchandise Planning solution is on your list of to do’s, then this is the perfect opportunity to hear in depth, practical advice from a retailer, an analyst and a solution provider as…
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The modern shopper is now influencing the evolution of retail more than ever, things are changing at unprecedented pace and it is now down to the retailer’s ability to adapt and keep up with the constantly shifting landscape of retail. Customers now come at you from all angles and channels, and one of the prevailing question still remains; are current planning…
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The upcoming year within the world of retail is sure to continue the evolution of retail software.
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