Part 1: Product Management Becomes Crucial As Retailers Expand
Expansion is by and large a good thing - it's a sign of success. However, it also comes with a new set of challenges.
Category: Order Management
Greater supply chain and warehouse management control needed for omnichannel retail market
The omnichannel shopping environment, in which shoppers are using all the tools at their disposal to browse and buy goods, has spurred retailers to respond to the changing market.
Using technology to ensure profitable cross-selling
Cross-selling is a tremendously popular across industries among big companies. A long-held truth in any customer-facing company is that it's easier to keep an existing customer than to bring a new one on board.
The threat of manual processes
Retail is a fast-moving industry, with merchants mired by red-tape and slow processes quickly fall by the wayside. Retailers are automating a variety of functions to help them stay competitive, from inventory and supply ordering to accounting and financial processes.