Tagged: product management

retail product life cycle

The Beauty of Centralized Product Management

Centralized product management allows you to manage your inventory efficiently, effectively, and profitably. Here are 5 ways centralized product management is better for your retail chain. Real-time inventory status – With centralized product management,...

retail merchandise

4 Types of Retail Merchandise

Retail merchandise is generally categorized into four different types, or classes. Chances are, as a retailer, you specialize in one of these four classes. But you needn’t merchandise your store only with one type...

apparel retailing

The Essence of Omni-Channel Apparel Retailing

Retailing in any industry today can’t rest on its laurels. Customers expect to be met through a variety of channels, and may even purchase products through several of those channels. Even customers with a...

point of sale

6 Reasons Your POS Isn’t Delivering More Sales

Retail stores live and die by the point-of-sale system. If your POS isn’t delivering more sales, there are reasons why. Perhaps you should explore one or more of the following options. No real-time product...

payment gateway

What to Look for in a Payment Gateway

A payment gateway, or e-commerce gateway, is an essential tool for any retail operation that plans to offer products through an online store. Whether your retail operation is an online-only storefront or you have...

manage warehouses efficiently

4 Things Your Warehouse Layout Must Address

How efficient your retail operations warehouse is laid out will determine to a great degree how profitable your retail business is. If warehouse workers can’t find product or maintain an inefficient workflow, it will...

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 merchandising operations

Improve Merchandising With One Solution

Retailers, online and brick-and-mortar, can improve their merchandising operations just by adding one solution to their operations. Here’s how to make your merchandising practices better. Product lifecycle management – Control your inventory and manage...

web order fulfillment

Why Web Order Fulfillment is Critical to Retailing

Retail is no longer strictly a brick-and-mortar business. No matter what kinds of products you sell, from children’s toys to services, you will undoubtedly have some customers who want to buy from you online....

department store operations

Should Your Department Store Be Smaller?

Earlier this year, J.C. Penney announced it wanted to make its department stores smaller. We can understand why. There are a lot of pressures pushing back against large department stores. Here are just a...

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