Author: <span class="vcard">Neha Lad</span>
The voucher management system (VMS) is a sophisticated engine that allows you to build and manage both your coupons and voucher promotion strategies. This is an online system which helps with the creation, management and distribution of digital or physical vouchers by the retailer.
Omni channel inventory management software continues to gain more popularity in both small and big businesses. Statistics show that the implementation of an inventory management systems help businesses experience;
Sony Pictures hack in 2014, the Panama Papers leak in 2015 and now one of Singapore’s largest hospital groups Singhealth was a victim of Singapore’s biggest ever cyber attack. SGH disclosed that about 1.5 million patients’ personal information and 160,000 medical records, including those of Prime Minister Lee Hsien Loong’s […]
A Havard business review conducted recently on the shopping behavior of more than 46,000 customers concluded that 73% of the customers used multiple channels in their shopping journey. These multi channel shoppers are referred to as your “omni channel customers”. Technology in the retail has become a very competitive tool […]
Staying accustomed to the key performance indicators of your company is very important. It lets you know how your company is doing. For most business owners, the focus is in creating new or more products and they ignore some of the most important metrics altogether. If you have been doing […]
Many traditional retail businesses are jumping onto ecommerce. This is because of the many opportunities this option offers. The problem is that the majority of these businesses are not giving inventory management the attention it deserves. In the ecommerce business, inventory management is a very important term. It is the […]
Establishing an omnichannel marketing strategy is quite important in the current market. Statistics show that 20% of consumers use their mobile devices to find or redeem coupons and even lookup product information while in the physical stores. Statistics further show that consumers are more likely to make a purchase when […]
Accurate inventory management is important for the success of your business. The problem is managing your inventory often feels like you are walking on eggshells. Not having adequate inventory usually means you might lose sales whereas having too much inventory is too expensive for your business. Efficient inventory management software […]
What is PIM? Today various ecommerce sites, other online channels and mobile search are where consumers head to when searching for information on products. According to Retail dive, more than 65% of consumers conduct online product research before stepping foot in a store.
When it comes to the retail business, proper inventory management is the key to keeping your business from going under. The problem is that keeping track of inventory is one of the most difficult things you can do. On a daily basis, you get to deal with sales, new receipts, […]