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Software Functionality Revealed in Detail
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 control retail inventory

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

PLM for the Retail Industry

Product Lifecycle Management (PLM) for Retail is an evaluation model containing tailored PLM criteria and extra functionalities that serve the specificities of this industry in order to help fashion goods (including apparel, footwear, accessory, and home fashion) manufacturers and retailers to achieve more efficient product development, lower cost, and better collaboration and control throughout the whole supply chain.  

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Documents related to » control retail inventory

CitiXsys iVend Retail 5.0 for Point-of-sale Retail Certification Report


CitiXsys product iVend Retail is now TEC Certified for online evaluation of point-of-sale (POS) solutions in the Wholesale and Retail Trade Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

control retail inventory  iVend Retail 5.0 for Point-of-sale Retail Certification Report CitiXsys product iVend Retail is now TEC Certified for online evaluation of point-of-sale (POS) solutions in the Wholesale and Retail Trade Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary. Read More

Retail Systems: A Primer


The core components of a retail information system are inventory management, inventory optimization, revenue management, sales management, and reports and inquiries. Non-core components can include financial, supply chain management, enterprise resource planning, customer relationship management, and warehouse management systems.

control retail inventory  control, product costing, batch control and reporting, formula and routing, and material management capabilities. They also provide information for discrete and process manufacturing, as well as other enterprise management modules. For more information on ERP, see ERP: Origins, Development, and Trends. Customer relationship management (CRM) . CRM modules have the capacity to manage customer interactions, marketing campaigns, sales force automation, help desk support, and other important CRM functions. Read More

Retail Market Dynamics for Software Vendors Part One: Software Requirements for Retail


Although the retail and wholesale customers have typically invested a low proportion of their total revenues in information technology, retail industry leaders have begun to demonstrate an ability to achieve market advantage through the effective use of specialized enterprise applications. As a result, the requirement for all retailers to increase their investment in IT and adopt best practices has thus grown.

control retail inventory  systems, or automated numerical control (NC) machinery for repetitive operations, their decisions are usually based on a business rationale of rapid payback through operational cost savings. In other words, most IT investments have been directed towards automation, not information, and consequently, many midsize and even larger fashion retail companies still operate with no integrated forecasting, planning, purchasing or scheduling systems. They may have a basic accounting software package, or a Read More

Let the (Excess) Inventory Flow!


Because companies focus primarily on new product development and promotion, the problem of excess and obsolete inventory, once addressed, often leads to both the inventory and dollars flying out the door. There should be smarter ways of handling this problem.

control retail inventory  American Production and Inventory Control Society , but recently renamed the Association for Operations Management ) defines carrying cost as follows: The cost of holding inventory, usually defined as a percentage of the dollar value of inventory per unit of time (generally one year). Carrying cost depends mainly on the cost of capital invested as well as such costs of maintaining the inventory as taxes (based on the value of inventory on hand at a particular time) and insurance, obsolescence, spoilage, Read More

Capitalizing on Advanced Inventory Management


Today’s distributors have an opportunity to drive performance to new levels by investing in advanced inventory management. These companies can expect to increase inventory visibility while driving down inventory costs. Learn how these kinds of inventory management initiatives can help your company strengthen customer relationships, bargain for better terms with suppliers, and generate more profitable growth.

control retail inventory  | Absence of Inventory Control and Visibility | Purchasing Inventory Management | Loading Up on Inventory | Year-end Inventory Process | Software for Inventory | Inventory Management Core Capabilities | Stock Level Calculation | Non-stock Inventory Visibility | Multi-location Visibility | Usage Reporting | Conventional View of Inventory | Inventory Management Vendors | Inventory Cycle-counting | Improving Inventory Accuracy | Strategically Managing Inventory for Future Growth | Supply Chain Inventory Read More

Transforming Inventory into a Strategic Weapon


Strategic inventory management requires a deep understanding of how the end-to-end supply chain is managed. From intelligently micro-segmenting products to creating continuous inventory process improvements, few businesses are capable of transforming their inventory into a competitive advantage. Some forward-looking leaders—backed by technology and expertise from JDA—are changing the definition of inventory optimization. Read how.

control retail inventory  supply chain management,scm,global scm,global supply chain management,supply chain management review,supply chain management software,global supply chain,what is supply chain management,supply chain logistics management,supply chain management certification,software supply chain management,supply chain,logistics supply chain management,value chain management,supply chain managment Read More

Logility Acquires MID Retail


Logility recently acquired privately-held MID Retail, Inc., an Indianapolis-based provider of retail allocation and merchandise planning solutions. MID Retail’s products will be integrated into the Logility Voyager Solutions suite and rebranded under Voyager Retail Optimization.

control retail inventory  Acquires MID Retail Logility recently acquired privately-held MID Retail, Inc. , an Indianapolis-based provider of retail allocation and merchandise planning solutions. MID Retail has been a longstanding member of the National Retail Federation (NRF) and is well recognized in the allocation and merchandise planning space. Its technology helps retailers synchronize merchandise financial plans with customer demand at each retail location to improve in-stock performance, profitably allocate Read More

Using Inventory Optimization to Reduce Inventory Levels in a Lean Environment


Small and medium businesses (SMB) need to address inventory challenges by using a tightly integrated approach that reflects the dynamics of the extended supply chain. Data must also be available to other application modules within the enterprise resource planning (ERP) system. An inventory optimization solution allows companies to effectively fulfill demand and identify how to gain additional profits from their inventories.

control retail inventory  storage of inventories. Inventory control is typically a key aspect of almost every manufacturing and/or distribution operation business. The ultimate success of these businesses is often dependent on its ability to provide customers with the right goods, at the right place, at the right time. The right goods are those that the customer wants; the right place is your available inventory, not the supplier''s warehouse, and in today''s economy the right time is immediately. Failure to have the right goods Read More

JDA Enables Retail In-Store Picking


While omnichannel retail has created multiple sales opportunities for retailers, it has created havoc in their stores and upstream supply chains. Challenged with enormous e-commerce purchasing volumes, retailers are looking at how they can effectively manage the picking of e-commerce orders to truly provide the ‘buy anywhere, fulfill anywhere, and return anywhere’ experience. Find out how one software vendor is helping retailers address this challenge.

control retail inventory  Enables Retail In-Store Picking While omnichannel retail has created multiple sales opportunities for retailers, it has created havoc in their stores and upstream supply chains. Challenged with enormous e-commerce purchasing volumes, retailers are looking at how they can effectively manage the picking of e-commerce orders to truly provide the ‘buy anywhere, fulfill anywhere, and return anywhere’ experience. Find out how one software vendor is helping retailers address this challenge. Read More

Taking Control: Improved Inventory Visibility Leads to Lean Success


While inventory reduction is a worthy goal for manufacturers, with less “cushion” mistakes and surprises can be costly. When looking at inventory levels and how to reduce them, it is important to understand the role that inventory plays in the dynamics of plant operations. This paper focuses on inventory inside the plant—from receipt of parts and materials to shipment of finished products—to help you safely reduce your inventory.

control retail inventory  Control: Improved Inventory Visibility Leads to Lean Success While inventory reduction is a worthy goal for manufacturers, with less “cushion” mistakes and surprises can be costly. When looking at inventory levels and how to reduce them, it is important to understand the role that inventory plays in the dynamics of plant operations. This paper focuses on inventory inside the plant—from receipt of parts and materials to shipment of finished products—to help you safely reduce your inventory. Read More

Pervasive Retail Business Intelligence: Optimize Internal Performance for External Market Agility


Pervasive Retail Business Intelligence: Optimize Internal Performance for External Market Agility. Despite a tough retail climate, best-in-class re...

control retail inventory  Retail Business Intelligence: Optimize Internal Performance for External Market Agility Despite a tough retail climate, best-in-class retailers are achieving positive results like these: 33% gross margins 17% increase in year-over-year return on net assets (RONA) 28% increase in year-over-year customer retention Learn how your retail operation can achieve this kind of success in the Aberdeen Group research paper, Pervasive Retail Business Intelligence: Optimizing Performance for Market Agility . Read More

Real-Time Retail Rapid Response to Consumer Demand


Being a profitable retailer is hard and getting harder. Increasing price transparency and online competitors are creating intense price pressure, and consumers are becoming more dynamic, increasingly mobile, and harder to target and retain. In response, the world of retail is becoming ever more real-time, and the use of real-time analytics to drive operational efficiency is becoming central to retail success. This white paper provides an overview of strategies for using real-time retail analytics to provide rapid response to consumer demand and increase profitability.

control retail inventory  Time Retail Rapid Response to Consumer Demand Being a profitable retailer is hard and getting harder. Increasing price transparency and online competitors are creating intense price pressure, and consumers are becoming more dynamic, increasingly mobile, and harder to target and retain. In response, the world of retail is becoming ever more real-time, and the use of real-time analytics to drive operational efficiency is becoming central to retail success. This white paper provides an overview of Read More

Challenges and Future Plans of a Product Inventory Disposition Vendor


Despite FreeFlow's success at helping organizations regain some margin of profitability for excess inventory, the company still strives for expansion and improvement as a product inventory disposition vendor, with the aim of meeting international environmental regulations down the track.

control retail inventory  deal with a pest control company, and is designing a promotional site for a supermarket chain in Ireland that will allow franchise holders to view what is available online before the stock becomes obsolete. There is certainly no shortage of Internet inventory liquidation sites available to manufacturers, as brokers on every continent stand ready to consign or post someone''s excess inventory. Some of FreeFlow''s potential competitors are Liquidity Services (which is publicly held), HedgeHog.com , and Read More

Inventory Reduction: Effectively Turning Excess Into Cash


In virtually all manufacturing companies, there is a direct correlation between inventory levels and overall business performance. In fact, CEO's and CFO's believe that their companies consistently carry 25 to 40 percent or more inventory than is needed.

control retail inventory  your inventory planning and control system, even one based on modern ERP systems, does not have the depth and breadth of decision support capability needed to identify and prioritize preventative actions based upon their dollar impact can be a real eye-opener for senior management. A common misconception is that effective decision-support to reduce and prevent excess inventories from accumulating is part of the company''s current system. To some extent, logic does exist in material planning systems to Read More