The growth of online retail, contactless payment options, and self-service checkout are just some of the point-of-sale technologies that have gained widespread acceptance. The COVID-19 pandemic accelerated demand for these and other purchasing options. In this article, we cover some significant trends affecting modern retail POS solutions that your customers have come to expect. Use… Continue reading POS Trends to Watch: Technologies that Help Meet Customer Expectations
Category: Industry
Measuring Retail Marketing Campaign Effectiveness: 3 Innovative Solutions
Discovering innovative retail software solutions for measuring retail marketing campaign effectiveness might initially seem daunting, but retailers can begin by focusing on three essential metrics that determine the triumph or efficacy of the promotional efforts. 1. Establishing the customer-sale connection Upon initiating a marketing campaign, a retail Enterprise Resource Planning (ERP) system can assist in… Continue reading Measuring Retail Marketing Campaign Effectiveness: 3 Innovative Solutions
Comparing Available to Promise and Capable to Promise: Which is best for me?
Companies, particularly B2C retailers, hate it when they run out of inventory. Stockouts not only cost businesses potential sales, but they also adversely impact customer satisfaction, positive reviews, and future repeat business. But keeping too much inventory on hand “just in case” can also be a dangerous strategy. Unsold inventory represents a significant cost, particularly… Continue reading Comparing Available to Promise and Capable to Promise: Which is best for me?
New Features in LS Central 22.2
LS Retail’s latest release of LS Central 22.2 contains new features and improvements in usability and functionality. New features have also been added to the Hospitality, Hotels, Pharmacy, and Staff Management modules. Replenishment for BOM and Components This new functionality in Automatic Replenishment calculates the demand for individual Bill of Material (BOM) items and then… Continue reading New Features in LS Central 22.2
Get Ready for 2024: Learn about the latest eCommerce trends
The eCommerce industry continues to grow and mature. US eCommerce revenue is expected to top $1T in 2024 and account for nearly 20% of all retail sales. As we head into the second half of 2023 (and the holiday season), here are several eCommerce trends eTailers should have on their radar: The eCommerce landscape changes… Continue reading Get Ready for 2024: Learn about the latest eCommerce trends
Life after Dynamics AX: An ERP Alternative for Manufacturers and Distributors
Microsoft Dynamics AX has reached the end of life and will no longer be supported by Microsoft. Manufacturers and distributors looking to migrating from AX and onto a new platform might naturally gravitate to Microsoft Dynamics 365 Finance and Supply Chain Management (F&SCM—formerly D365 Finance and Operations or F+O) since that is where Microsoft took… Continue reading Life after Dynamics AX: An ERP Alternative for Manufacturers and Distributors
Let’s Communicate: Getting Your ERP to Talk to Your eCommerce Site
There are many ways to get your business online, from online marketplaces, like Amazon, Walmart, eBay, and Overstock, to having your own website using a dedicated eCommerce platform like Magento, Shopify, and BigCommerce. In fact, many businesses have a presence on multiple marketplaces besides their primary web store. This blog will cover some of the… Continue reading Let’s Communicate: Getting Your ERP to Talk to Your eCommerce Site
3 Steps to Improve Effectiveness of Promotions with a Retail POS Solution
A retail POS software solution helps with inventory management, but it is also a great tool for relationship management, where sales, promotions, and discounts enter the picture. These tactics entice loyal customers to spend more, introduce new offerings, increase sales, and promote growth. That is why it’s important to maximize your POS solution so you… Continue reading 3 Steps to Improve Effectiveness of Promotions with a Retail POS Solution
Optimizing Cycle Counting in Dynamics 365 Business Central
Traditionally, counting inventory required closing operations for a week or more so that everything in the warehouse was counted – by hand. Not only was this process disruptive to ongoing business operations, but it was also fraught with errors. One way to maintain accurate inventory without disruption is to use cycle counts. Cycle counts break… Continue reading Optimizing Cycle Counting in Dynamics 365 Business Central
What Luxury Retailers Can Learn from Amazon
In 2022, Amazon was the second largest retailer—both online and brick-and-mortar—in the world, and in 2021 became the top apparel retailer in the US. The company’s growth and market dominance have changed the retail landscape forever. But luxury retail specifically has typically landed outside this trend…until recently, that is. Luxury purchases have always been very… Continue reading What Luxury Retailers Can Learn from Amazon