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
Category: Retail
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
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
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
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