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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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Coles beefs up provision for historical underpayment of management

Inside Retail

Coles says it has provisioned a further $25 million to cover possible underpayments to the salaried management staff of its retail businesses as it continues an internal probe into its payroll. The post Coles beefs up provision for historical underpayment of management appeared first on Inside Retail.

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‘Always thank your team’ — and other management tips from a Toys R Us exec

Inside Retail

If you want to be a good manager, you should always begin with the end in mind and think of the customer at the centre, according to Rohan Cherian, Toys R Us Canada’s associate vice president of e-commerce and consumer technology. To have a seamless process in your organisation, Cherian said communicating with each other is always necessary.

Other 147
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Waste from Adidas, Walmart, other brands fuelling Cambodia brick kilns – report

Inside Retail

It found pre-consumer garment waste including fabric, plastic, rubber, and other materials from the brands was being burned at seven factories. Brick factory workers reported regular migraines, nosebleeds, and other illnesses, the UK report said. The other brands did not immediately reply to Reuters’ requests for comment.

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Making Integration Easier with Composable Commerce

Join us as we discuss: Composable commerce’s spread to retail and other domains Inventory and order management in a composable design Benefits of a consistent tech stack In this episode, you’ll hear from an expert in the composable commerce realm, Jason Cottrell, Founder and CEO of Orium.

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Three mindfulness and meditation techniques to manage work stress

Inside Retail

Without discounting the value of discussing problems you’re having at work with relevant superiors, meditation practices can do a lot to help you manage your stress in situations like these. It has been shown to improve anxiety, stress, insomnia and pain, among others. Don’t expect the mind to be quiet – it won’t be.

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How image management contributes to end-of-year burnout

Inside Retail

However, one of the biggest culprits behind these feelings of overwhelm is ‘image management.’ Image management refers to the time and energy we waste at work trying to overcompensate for our perceived weaknesses or inadequacies. Image management is like a second job for most people in typical organisations. Prioritise rest.