Small Business Resources, Business Advice and Forms from AllBusiness.com

Retailer tech spending expected to emphasize merchandising and inventory management.(Newswire...

Retailers are expected to increase supply chain and point-of-sale technology investment moving into 2005, says a new report from BearingPoint Inc.

Although cost reduction is still a primary focus for most retailers, improving customer service and customer retention nudged cost-cutting out of 2004's top spot. According to the annual "Retail Horizons" benchmark report, retailers are backing this up by investing in technologies that help manage inventory, improve the store experience, and provide better multi-channel integration.

More than half of study respond

In addition, make sure to read these premium articles also available with your free trial:

  • WHAT RETAILERS NEED TO FIX.premium_logo
    • Here are the top ten improvement wish-scores that express what our consumers would like to see from retailers as we approach the millenium. More than ......
  • Retailers not fully reaping benefits of loyalty schemes, BUSINESS...premium_logo
    • Business Times (Malaysia) 05-15-2002 MOST major retailers in the country now have loyalty card programs in place to reward customers' loyalty, but only a few ......
  • B-to-b seasonal planning.(Brief Article)premium_logo
    • * Retailers typically plan and forecast their holiday sales season in July and August. With many e-markets launching just this year, few retailers relied on ......
  • Wireless Point of Sale.premium_logo
    • RETAIL GIANTS ARE EYEING BIG BENEFITS FROM WIRELESS CHECKOUTS OVER THE PAST DECADE, RETAILERS HAVE REVAMPED INVENTORY systems and the way they display merchandise on ......
  • Logistics: Adapt, or Perish.premium_logo
    • As retail channels constantly evolve to meet consumer demand, so do the logistics systems that support them. As a result, retailers have to adapt accordingly....
T T T
art_print Printart_email Email 16x16-digg-guy  Digg It delicious-small  del.icio.us

Related Resources

Free AllBusiness Articles

  • Evaluating lateral transshipment policy in a two-echelon inventory system.
    • Emergency shipments from higher and/or same echelon levels are one of the popular tools to handle the stock-out position at some warehouse. Our paper deals with a lateral stock transshipment model involving one plant and two warehouses, lateral transshipment is considered as an option at each re-order decision under the ......
  • A stochastic model for joint inventory and outbound shipment decisions.
    • 1. Introduction and related literature In this paper, we analyze an integrated inventory replenishment and outbound shipment scheduling problem which arises in the context of Vendor-Managed Inventory (VMI) and third-party warehousing/distribution programs. Under those programs, the vendor is authorized to manage inventories of agreed upon stock keeping units at a ......
  • Take Charge of Your Inventory
    • Knowing what's flying off the shelves and what's gathering dust is the key to boosting sales.
  • NRF Survey Says Retailers/Customers Not In Synch
    • New York —While merchants and their customers believe that superior customer service is extremely important, the two differ on the most important customer service elements, according to a new survey released at the National Retail Federation's annual Convention and Expo. The national survey was conducted by the NRF Foundation, an ......
  • SCM: Making the Vision a Reality
    • In the past 20 years, academics and practitioners alike have been focusing intensely on supply chain management (SCM). Academics have labored to properly define SCM, explain how it differs from traditional logistics management, and encourage practitioners to implement supply chain practices to improve customer service, lower logistics costs, and build ......
  • Automatic replenishment programs: The impact of organizational structure
    • Inventory management-deciding how much product is needed and where it's needed-is one of the toughest supply chain challenges. Historically, firms relied upon push systems and pushed as much product out through the supply chain as possible in anticipation of potential demand. Product was positioned just in case it was needed....
  • Klaussner picks Logility to manage supply chain
    • Atlanta— Klaussner Furniture has chosen Logility Voyager Solutions to help strengthen customer service by improving forecast accuracy, inventory management and demand visibility. Klaussner selected Voyager Demand Planning to more accurately manage its business by aligning future investment with customer demand to boost customer service, shorten cycle times and reduce inventories ......

Forms

Blogs

  • Keeping Ahead of Increasingly Knowledgeable Customers
    • Technology is allowing customers to outsmart retailers. Here's some insight that will help you get out in front of the pack....
  • Make it Easy on Your Customer
    • And learn from the pros.
  • Supply Chain Secrets Help Retailers Understand Customers
    • Holding the customer´s imagination remains an elusive dream, write Srinivasa Rao and Saurabh Swarup in their white paper, "Business Intelligence and Retailing." "Changing tastes and preferences, increasing competition, demographic shifts and the simple "Let´s try something new´ attitude have all been blamed for customer disloyalty," say the two researchers for ......
  • Small Firm Tunes In A Winning Business
    • Small Firm Tunes In A Winning Business By FRANK BYRT "CAMBRIDGE, Mass. -- When Wal-Mart Stores Inc., the world's largest retailer, told its largest vendors last year they had to start using radio frequency identification, or RFID, systems, the move sent out shock waves. RFID has been a buzzword ......
  • All Bloggers

Podcast

Related Topics
Tools

Sponsored Links

Site Map | Contact Us | FAQs | About Us | Media Kit | Reprints | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy

Copyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.

Get In-Depth Company Information from Hoover's | Buy a D&B Credit Report | What is in Your Company's D&B Credit Report? | Article Archives
Online Business Database | Online Business Information | Sales and Marketing Solutions | Business Mailing Lists
Information and opinions on AllBusiness.com solely represent the thoughts and opinions of the authors and are not endorsed by, or reflect the beliefs of,
AllBusiness.com, its parent company D&B, and its affiliates.