When it comes to sustainable retail growth, a significant factor that’s often overlooked and under-optimized is inventory management. Your inventory is your greatest asset, but it can easily become ...
Products ranging from baby wipes to cat food may go wireless in the next few years, thanks to the efforts of retailers who seek to install new inventory-tracking technology and the tech companies that ...
Nordstrom and Macy’s abandoned the ‘retail inventory method’ after using it for decades. Here’s why.
Several major retailers in the U.S. use a century-old accounting practice known as “the retail inventory method,” which relies on retail prices to estimate inventory, even though it fails to take full ...
RFID solution provider Nedap has launched the Nedap iD Cloud Platform, an integrated suite of SaaS solutions purpose-built for RFID technology. The solution was designed to help retailers achieve ...
Independently, radio frequency identification (RFID) and artificial intelligence (AI) are powerful technologies for retail. When paired together, though, these solutions can deliver even more value.
Learning how to manage inventory efficiently is critical to any business that sells physical goods. From timely ordering of supplies to tracking and storage, any mistakes can directly impact your ...
The retail industry is undergoing a transformative shift with the integration of advanced technologies to streamline operations and enhance customer experiences. Case in point is Brooks’ Running shoes ...
Any business that uses assets should hold a regular asset inventory audit in order to track important data like the number, condition, and location of all assets. The audit is a cost-effective method ...
Embed <iframe src="https://www.npr.org/player/embed/1236873/1236874" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> A new ...
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