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Mi9 Business Case: Improving Performance Through Demand Planning

Mi9

This ROI impact study, conducted with Hobson & Company (H&C), is for decision-makers in large retail organizations who are responsible for building the business case for transitioning from a legacy or homegrown merchandise planning system to an automated, integrated, and intelligent merchandise optimization solution.

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99 Cents Only to Close All 371 Locations, Hold Liquidation Sale in Business Wind-Down

Retail TouchPoints

99 Cents Only Stores will wind down its business and shutter its 371 locations across California, Texas, Arizona and Nevada after more than 40 years in operation.

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Urban Efficiency: Strategies for Streamlining Last Mile Delivery Amid Growing Congestion

Retail TouchPoints

Using AI for predictive analytics, last mile logistics companies can optimize fleet planning. Predictive analytics can suggest when companies should expect busy travel days, times and routes based on past data and emerging trends. This allows them to scale delivery personnel appropriately.

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Product Substitution: How Savvy Retailers and Manufacturers can Build Supply Chain Resiliency, Reduce Costs and Improve Customer Experiences

Retail TouchPoints

Furthermore, product substitution allows businesses to diversify their sourcing to mitigate supply chain risks. Product substitution capabilities ensure they can respond to demand shifts, consumer trends and emerging technologies. For example, a kitchenware and cutlery company might offer two grades of knife sets.

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4 Ways AI Can Support Business Growth

Retail TouchPoints

Retail TouchPoints interviewed experts in supply chain, brand strategy, commerce, and global expansion with an emphasis on building business stability and profitability. Are we providing data and automating processes to make teams efficient and effective? Automation can support that, enabling staff to focus on more strategic activities.

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Lost Goods or Lost Sales? How Connected Systems can Help Solve Retail’s Most Persistent Dilemma

Retail TouchPoints

As a result, they’re ramping up their use of physical and visual deterrents — often in the form of locked cases — in the hopes that hardening targets will remedy the issue. This is particularly true when using solutions that rely on cases, locks and other physical barriers, as they may have unintended consequences.

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How to Make Money by Requiring a Minimum Order Quantity (MOQ)

Kissmetrics

If you run or are starting an e-commerce business , you might have heard the term “minimum order quantity,” or MOQ, floating around. An MOQ refers to the minimum amount someone can order from a business. You create an MOQ of 100 units, which means your customers need to purchase 100 units or more to do business with you.