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How forecasting can enhance cash flow in the retail sector

Retail Focus

Tools which use machine learning and predictive analytics can use information from past sales, foot traffic and online interactions and turn this into insights for the future. For retailers, this is an essential tool for managing staff, stock and promotional campaigns. Was there a promotional offer?

Flow 147
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How AI is set to revolutionise inventory management

Inside Retail

Great product diversity, changing consumer demands, and the expansion of e-commerce have turned inventory management into a major pain point for retailers. Poor inventory management results in overstocking and under-stocking, impaired cash flow, and losses from theft and spoilage. Here are some reasons why: 1.

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Inbox to doorstep: Three strategies to elevate your post-purchase experience

Inside Retail

From the moment a purchase is confirmed to when it arrives at the customer’s doorstep, Klaviyo ’s intelligent marketing automation tools track progress and inform customers where their eagerly anticipated purchase is at. You can learn more about this from our earlier features that focused on automated flows and audience segmentation.

Strategy 290
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The barcode turns 50 and continues to transform the future

Inside Retail

The barcode was initially developed to improve the checkout experience and inventory management in the grocery sector and it is now used in almost every industry and sector. The barcode’s ability to provide detailed product information and traceability has led to significant improvements in food safety and recalls.

Promotion 246
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How automation can help retailers reduce back-office costs and grow

Inside Retail

I think you find that in retail, getting started in those sorts of projects requires senior management, usually the finance team, to really understand what’s possible,” Christophe DuMonet, managing director of Esker Australia, a global cloud platform that offers AI-based order-to-cash and source-to-pay solutions, told Inside Retail.

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ICYMI: Here are five strategies to leverage marketable moments in 2024

Inside Retail

Jia Lee, senior content marketing manager at Klaviyo, says the company’s suite of tools – including email marketing , SMS marketing , mobile push, reviews, and customer data platform (CDP) – can help brands optimise their campaigns and engagement through memorable occasions during the year.

Strategy 130
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CEO Anthony Heraghty discusses Super Retail Group’s half-year results

Inside Retail

I think we’ve been proactive in managing the business and preparing it for a dynamic period.” If you manage it correctly, [these macroeconomic forces] won’t necessarily have a material impact [on the business].” “But we’d be silly not to acknowledge that there’s macroeconomic forces that are quite significant.

Flow 245