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What Are Retail KPIs? The Most Important Retail Metrics in 2023

ShipBob

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. To find out, you’ll need to track Key performance Indicators, or KPIs, for your retail business. What is a retail KPI? Why are retail metrics important?

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Retailers know firsthand how quickly the market can change. That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs.

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Is Seamless OmniChannel Possible? How to Avoid Supply Chain Technology Hiccups

GlobalTranz

Omni-channel sales strategies have become essential to companies trying to keep up with Amazon and major retailers. Unfortunately, a lack of understanding in omnichannel supply chains has also led many companies to experience extreme issues in delivering on their promises. Essentially, this lends itself to intelligent fulfillment.

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5 game-changing reports in Luminate Charter

crisp

Discover how Walmart’s Luminate Charter plan is revolutionizing retail data analytics with these five essential reports for suppliers. One of the biggest events in retail in 2023 was the launch of Walmart Luminate , a data platform offering suppliers more visibility and data access than ever before.

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The Changing Face of Retail

Enterra Insights

And the retail sector has certainly been changing, transforming, and evolving over the past few years. Executives in the retail sector have been forced to reimagine what retail will look like in the future, which has required them to change face and to understand the changing face of the business landscape. Putting on make-up?

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What is Open-to-Buy Planning + The Top Three Benefits for Retailers

ToolsGroup

And one thing’s for sure: Retail is not for the faint-hearted. Retailers face more competition than ever before due to the evolution of technology that has morphed the traditional shopping experience from being purely physical into the digital and omnichannel realm. Why does open-to-buy matter to retailers?

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Artificial Intelligence and the Future of Retail

Enterra Insights

Retail transactions are some of the oldest human activities. The next arena of exploration for the retail sector is artificial intelligence (AI). Will AI transform retail? For the most part, retail executives have gone beyond the hype and are now looking for real benefits from AI projects. ”[2]. .”[1]