All-Channel retail Archives

Retail Data Management

Why focus on retail data management? If you are a multichannel global retailer with stores around the world and operating in many different verticals it will be no surprise to you the key challenges which come with retail inventory management and the reasons why a system which has data integrity can help from central data…

Series Two – The Impact of Technology on Retail

Our latest blog series pulls together valuable retail statistics, with series 2 focusing on some key technological retail trends which drive and support customer purchases. What do Customers think of technology in retail? Analysis indicates that customers believe retailers do not always have the technology to deliver on customer expectations. Research by Salesforce [1] states…

Retail New System Selection Some Considerations

Preparing to Select a New System With advancement in technology and changes in consumer behaviour many retail businesses are embarking on new IT projects. Preparation for all this change can start well before a project commences and leaders can prepare early to help manage the transition smoothly and get the most out of new technology.…

Assortment planning versus merchandise planning

A question we frequently hear is what is the difference between Assortment planning and Merchandise planning. In simple terms, one is the Financial view of the world. The other is translating those financial plans into a framework of the actual product range that will be sold, to achieve those financials. Your start point is Merchandise…

Why Assortment Planning Is Important

The Assortment Plan Framework Once I’ve finished my financial planning, I know I need to bring in x thousand pounds of stock for a certain period of time, but I need to know how many lines I need to buy, what quantity I should buy of each, which shops need the most lines. As we…

Size Profiling & Pack Optimization The Benefits Of Getting It Right

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…

NRF BIG Show 2019

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…

How does the future look for brick-and-mortar retail?

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…

Retail Software Thoughts for 2017

The upcoming year within the world of retail is sure to continue the evolution of retail software.

Is mobile POS the future to brick-and-mortar retail?

As the evolution of in-store retail continues to cater to fast paced shoppers who are not looking to waste the day standing in line for ten minutes on a transaction that will take one minute to complete. The Omni-Channel approach to sales seeks to provide the customer with a seamless shopping experience whether the customer…