There's a widening performance gap between retailers that embrace AI technology and those that continue to rely on more traditional, manually intensive strategies. The types of technologies driving ...
McKinsey recently released the latest iteration of its Global Fashion Index. And if you think Store-Level Inventory Accuracy is important, you’ll be pleased. In its periodic study of over 350 publicly ...
ATLANTA & HELSINKI--(BUSINESS WIRE)--Understanding on-hand inventory and demand are critical to inventory accuracy, yet up to 60% of retailers’ inventory records are inaccurate, causing lost sales and ...
Fact: Inventory accuracy does not increase sales. Some retailers will find this statement shocking, and may even say I’ve been misleading them. But if you read any of my previous columns, you’ll see I ...
With Salesforce’s 2023 holiday predictions forecasting that BOPIS (buying items online for in-store or curbside pickup) will influence $28 billion in incremental sales during the holiday season, ...
While supply chain managers are often dazzled by the promise of cutting-edge technologies such as artificial intelligence, radio frequency identification’s benefits are now so undeniable, it’s worth ...
Changing global tariffs are already pushing cost structures upward, but their full impact on inventory and working capital will only become visible with a lag. This delay creates a dangerous blind ...
The Department of Defense is continuing to roll out RFID based systems including an inventory management solution developed by the Marine Corps Logistics Command. The department is issuing comments ...