How To Get More From Your Retail ERP Reports

Less is more when it comes to getting the most out of your retail ERP reporting. In other words, hone in on the information that produces a clear snapshot of your company, and don’t get bogged down by reports that blur the big picture. That’s the key to unlocking the power of retail ERP reports — distinguishing quality over quantity.

Are You Using Mobile Retail Solutions To Meet Your Customers’ Needs?

With the rise of cross-channel shopping, consumers have retailers at their fingertips. Mobile retail solutions like smartphone apps enable customers to access nearly all the same services available when shopping in a store. Mobile technology enhances what every retailer seeks to do, which is to fulfill customers’ needs better than their competition.

3 Inventory Management Techniques That Reduce Supply Chain Costs

Effective inventory management techniques are vital to cutting supply chain costs and fulfilling customer expectations. Retailers don’t want their money tied up in excess inventory, but at the same time, they do want enough inventory on hand to meet customer demand. Measuring vendor performance helps retailers manage inventory more efficiently.

4 Tips For Retailers To Improve Vendor Management

Managing vendor relationships is crucial to better inventory demand planning. Varying lead times or inconsistent order fulfillment can lead to stock-out conditions, dissatisfied customers and more. Retailers that effectively track vendor performance are better able to create inventory forecasts that account for supply chain disruptions.

5 Ways Retail ERP Dashboards Improve Decision-Making

Retailers can make better decisions that help reduce costs and increase profitability if they have relevant, at-a-glance information provided by a retail ERP dashboard. Such dashboards are customized according to key performance indicators (KPIs) pertinent to a specific business operation, such as how overhead or occupancy costs affect store revenue.

3 Ways A Retail Management System Can Help To Lower Labor Costs

A retail management system can help businesses determine optimal staffing levels at a competitive cost. Labor costs often eat away at store profits if they aren’t managed efficiently. The key is to gain visibility into your labor expenses. Technology holds the power to provide valuable insight into employee pay, staffing levels and technology.

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