Tagged: metrics

warehouse management

6 Essentials of Effective Retail Warehouses

To manage your retail product warehouse effectively, there are several essential items you need. Here are six absolutely necessary items for an effective, efficient retail chain warehouse: Layout map – Let’s start with how...

mobile point of sale

5 Benefits to Mobile Point of Sale

Retailers who have already implemented a mobile point-of-sale system in their retail organizations have already started realizing the powerful benefits of mobile POS. So what are those benefits? Here are 5 of very clear...

retail budgetig

5 Retail Store Budgeting Metrics You Shouldn’t Forget

Store budgeting is one of the most important aspects of retailing. While every retailer is different, all retailers must engage in store budgeting if they want their stores to be profitable. The following five...

product management

7 Product-Related Metrics You Should Monitor in Real Time

When it comes to managing your products, every retailer can be more efficient and profitable just by monitoring in the real time the following seven necessary metrics: Purchases – Not only should you track...

retail operations

5 Must-Haves for Every Retail Operation

Your retail chain deserves to be profitable. In order to maximize profits and minimize expenses, you’ll need the right tools. The below five qualities are all characteristics any retail operation should have to maximize...

store budgeting

Top Retail KPIs You Should Track

Retail key performance indicators (KPIs) are important metrics. They help retail managers understand their customers, business, and revenue situation better. If you want to run a profitable retail operation, then keep an eye on...

retail operations

5 Retail Operations Problems and How to Solve Them

Managing a retail chain is loaded with challenges. There are so many moving parts that have to be managed that it can’t all be done by one person. However, with the right operations management...

customer relationship management solution

Using RFM Analysis to Build Customer Relationships

Developing and maintaining customer relationships in the retail sector has changed a lot in recent years. Before the Internet, it was all done in person. Today, you’ve got to maintain that relationship both in...

apparel retailing

5 Ways to Improve Apparel Retailing

Your apparel retail store can be run more efficiently with the right operational software. From product allocation to performance management, here are five distinct ways to improve your apparel-related retail operations. Smart product assortment...

business intelligence

5 Metrics Every Retailer Must Track

Retail metrics is ever-changing, but there are some things that remain the same. If you are a retailer in 2019, here are 5 important metrics you must track to remain competitive and profitable. Traffic...

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