Keeping stock levels at the optimum level is challenging for retailers – too much and you have cash tied up in inventory, too little, and you lose customers because you can’t deliver the product when they are ready to buy. Seasonal fluctuations in demand, theft, and spoilage are factors that contribute to this problem. Here… Continue reading 5 Ways Retailers Take Control of Demand Planning and Inventory Replenishment
Category: Retail
Gain Greater Insights and Improve Customer Satisfaction with Unified Commerce
Many retailers struggle to offer customers online purchasing options while managing their physical stores. This problem often stems from using various pieced-together software systems to perform the accounting, inventory, and payment functions necessary to conduct business and somehow tie them to an online retail provider. While these companies might succeed in giving their customers an… Continue reading Gain Greater Insights and Improve Customer Satisfaction with Unified Commerce
Retail ERP: Why Businesses Choose Microsoft Dynamics 365 Business Central
In the fast-paced retail industry, upgrading your enterprise resource management (ERP) system is essential. Retailers are increasingly shifting from legacy on-premises solutions, such as Dynamics NAV, to the cloud-based Microsoft Dynamics 365 Business Central. Let’s explore why this transition is gaining momentum: 1. Agility and Scalability Business Central offers both affordability and scalability. Forbes Advisor… Continue reading Retail ERP: Why Businesses Choose Microsoft Dynamics 365 Business Central
AI Takes Center Stage at NRF 2024: Our Top 5 Takeaways from Retail’s Big Show
The National Retail Federation (NRF) held Retail’s Big Show last week, with over 40,000 attendees and more than 1000 exhibitors filling the Jacob K. Javits Convention Center in New York City. This year, the event did not disappoint with great sessions led by industry heavyweights like FedEx, Walmart, and Saks Fifth Avenue. New technologies were… Continue reading AI Takes Center Stage at NRF 2024: Our Top 5 Takeaways from Retail’s Big Show
Cybersecurity Challenges in the Retail Industry
Retailers handle valuable information, specifically customer data (including personally identifiable information or PII) and credit card numbers. As a result, they are prime targets for cybercriminals, who then sell this valuable information on the dark web. To protect themselves and their customers, it is vital that retailers consider the risks associated with a cyber attack… Continue reading Cybersecurity Challenges in the Retail Industry
Streamline Operations with Logistics and Shipping Solutions for Business Central
Shipping and logistics have been a critical part of successful businesses for years. The rise of eCommerce has placed increased pressure on companies to get their products into the hands of their customers as fast and as efficiently as possible. For Dynamics 365 Business Central customers, options are available to improve shipping operations. Microsoft Dynamics… Continue reading Streamline Operations with Logistics and Shipping Solutions for Business Central
How Quick-Serve Restaurants Benefit from an Integrated, End-to-End System
As we move into a new year, it is a good idea to pause and consider how your quick-serve restaurant is performing and the steps you can take to increase your efficiency, sustainability, customer satisfaction, and, ultimately, your profitability. Many restaurants have experienced incremental improvements by updating various parts of their operations with new technologies.… Continue reading How Quick-Serve Restaurants Benefit from an Integrated, End-to-End System
Technology Trends for Quick-Serve and Coffee Shop Restaurants
Recent years have been challenging for quick-serve restaurants. Inflation, staffing shortages, fears of an economic recession, and lingering questions about a reliable supply chain have had the restaurant industry on edge. Despite all this, consumers are again eating out, and the industry shows signs of renewed growth. In an industry in flux, we thought it… Continue reading Technology Trends for Quick-Serve and Coffee Shop Restaurants
Key Performance Indicators that Help You Assess Company Health
Key Performance Indicators (KPIs) are metrics used by managers and financial professionals to assess the health of a company. Think of KPIs as the vital signs to check on the health of a company. When a person goes for a medical checkup, the doctor will take his or her vital signs and, based on those… Continue reading Key Performance Indicators that Help You Assess Company Health
POS Trends to Watch: Technologies that Help Meet Customer Expectations
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