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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.

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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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‘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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Managing retail touchpoints for a positive customer experience

Retail Focus

Having found out that “traditional” management tools have become less relevant, brands were forced to rethink their processes to survive, stay relevant and true to their audiences. . On the one hand, operational changes and on the other hand, changes linked to the user experience.

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Why your company needs an innovation strategy in 2023

Inside Retail

Almost a decade ago, Harvard Business School professor Gary Pisano famously wrote that companies should consider creating an innovation strategy. Today, an innovation strategy is not just an optional nice thing to have — it’s a requirement for companies that want to be successful.

Strategy 130
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Day one at NRF: For Walmart, Ssense and others, it’s all about AI

Inside Retail

According to IBM Research, Generative AI “refers to deep-learning models that can generate high-quality text, images, and other content based on the data they were trained on.” In a time when businesses are losing billions in potential sales due to e-commerce fraud , such tools would be useful in avoiding false payments and other scams.

Other 130
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What other retailers can learn from The Iconic’s approach to warehouse tech

Inside Retail

From robotics to artificial intelligence (AI), Warehouse Management Systems (WMS) to the internet-of-things, the vast majority of organisations either have, or are planning to install automation technology in their supply chain in 2023. In this digital era, data is the currency that drives success.

Other 130