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Stord Expands Software Capabilities with Inventory Planning Solution for Omnichannel Brands

Stord

Inaccurate inventory planning leads to missed sales and consumer dissatisfaction from out-of-stock situations, or costly and inefficient resource allocation by overstocking inventory or not storing it strategically. For more information about the new Inventory Planning solution, please visit www.stord.com/inventory-planning.

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ToolsGroup-IHL Group 2022 Retail Inventory Study Shows Diminishing Customer Loyalty Due to Out-of-Stock Concerns

ToolsGroup

Improving inventory position can help retailers secure consumer loyalty and capture impulse spending. The survey report: How Retailers Win Customer Loyalty in an Omnichannel World tracks the change in U.S. Across other retail sectors, customers have increased their trust in inventory availability from 1-7%.

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Omnichannel Retails Comes Front and Center

Enterra Insights

Even before the COVID-19 pandemic shuttered physical stores, retailers were adopting omnichannel strategies to take advantage of the increasingly important consumer digital path to purchase. ” Taken together, Haines’ list of consumer expectations underscores the importance of omnichannel strategies now and in the future.

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The Five Key Takeaways from ShopTalk 2023

ToolsGroup

Our team was delighted to see the positive energy and enthusiasm permeating the whole event. Redefining Omnichannel The concept of omnichannel has been touted for a while, but from our conversations with industry leaders and peers, it has regained prominence in conversations throughout the retail industry.

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Abercrombie & Fitch Co. and ToolsGroup Team Up for Planning Expertise Webinar

ToolsGroup

A&F Co.) , a leading omnichannel specialty retailer of apparel and accessories, are excited to announce an exclusive discussion highlighting A&F Co.’s She has spent her entire career in the retail industry, gaining expertise in merchandising, allocation, and inventory management. Learn more about the event and register HERE.

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The Top 3 Takeaways from EuroShop 2023

ToolsGroup

Attended by an international audience of over 81,000 visitors, the event highlighted the latest retail innovations and boasted best-practice keynotes and presentations on timely and crucial industry strategies. EuroShop 2023 has closed a successful five days of exhibitions and networking in Düsseldorf, Germany.

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Fulfillment Planning in an Omnichannel World

o9 Solutions

There are three key factors driving this change including: dramatically changing customer preferences, a major shift towards omnichannel purchases, and an increasing need for retailers to respond quicker to shifting preferences and buying behaviors with more efficient sourcing, transportation and fulfillment. .