Q&A: Closing the Retail Reality Gap with Inventory Scanning Robots & AI
Retailers today are grappling with a significant challenge: the discrepancies between what is reported in inventory systems and the actual state of merchandise on the sales floor, often referred to as the “reality gap.” Traditional inventory management methods can result…
How to stop phantom inventory from scaring away loyal customers
Product availability plays a fundamental role in shaping the customer experience in retail. When items are consistently in stock, customers feel satisfied, secure, and likely to return. Unfortunately, phantom inventory—situations where inventory records indicate that a product is available, but…
New Zealand retailer teams with Impact Analytics to boost forecasting, inventory management
In the dynamic landscape of retail, the importance of accurate forecasting and effective inventory management cannot be overstated. Aiming to enhance these aspects, the Briscoe Group, one of New Zealand’s leading retail conglomerates, has partnered with Impact Analytics. This collaboration…
Aldridge Security Boosts Efficiency with Orderwise Integration
Aldridge Security, the leading wholesaler of security and locking products in the UK and Ireland, has undergone a remarkable transformation by integrating Forterro’s ERP and Warehouse Management Solution, Orderwise. This strategic move has not only streamlined their operations but has…