article thumbnail

AI-driven solutions take supply chain planning to the next level

Inside Retail

Supply chain disruption may have become a singularly hot topic in retail circles these past years, but a focus on improving supply chain planning and forecasting is far more than just a passing trend. These software solutions identify patterns in demand data from a variety of sources and use them to make accurate decisions at the store level.

Planning 130
article thumbnail

How AI is set to revolutionise inventory management

Inside Retail

Poor inventory management results in overstocking and under-stocking, impaired cash flow, and losses from theft and spoilage. Manufacturers need accurate, relevant data to design new products and plan production – data that comes from the front line of retail. Getting inventory management right can be a huge competitive advantage.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Beauty of Natural Light: How to Enhance Your Home with the Right Windows

Retail Focus

By understanding these patterns, you can plan your activities and furniture placement to make the most of these natural light hours. Positioning furniture away from windows can prevent obstruction and allow light to flow freely around the room. Furniture placement is equally important.

Light 130
article thumbnail

Types of Retail Store Layouts

Creative Displays Now

Choosing the right store floor plan can have a profound effect on the way customers navigate the store, interact with your merchandise and whether they decide to purchase any products. Customer flow: The way that a customer navigates a store’s aisles is the customer flow. Streamlines foot traffic. Maximize every aisle.

Layout 98
article thumbnail

Are we entering a bricks-and-mortar renaissance? Here’s what the data says

Inside Retail

In what the national property agency CBRE described as a ‘flash survey’, 83 per cent of Australian respondents across a snapshot of the Asia Pacific region indicated expansion plans. CBRE contends that despite the “heightened cost of living pressures” business confidence was running high and leading to a lift in leasing inquiry rates.

Contrast 244
article thumbnail

Leading retailer quick to respond to demands during Covid

Inside Retail

In the majority of cases, this has been a do-or-die scenario, with market instability brought on by the pandemic threatening to topple those traditional retailers unprepared to deal with an earthquake in established patterns of demand. That’s really given us some great wins,” says the Head of Planning.

Flow 130
article thumbnail

What Melbourne’s booming population means for Australian retail

Inside Retail

We know that attracting shoppers to the CBD has immense flow-on effects. According to Dr Kevin Johnson, co-founder and managing director of Geografia, a social and economic planning and spatial analysis firm, Victoria’s population is expected to rebound, but not necessarily in the CBD.

Space 246