Retailers are under pressure to meet customer demands for choice and convenience. This is while they try to increase sales margins and control expenses and cash flow. One of the most important assets that affects all these levers is a retailer’s inventory. This paper explores how retailers can transform inventory management to increase sales revenue.
As the industrial world evolves, its impact on the environment becomes more and more evident. We recognise the devastating effect of chemical pollutants on our air, our water, and the land itself. The world reacts to practices that deplete the ozone layer, affect the food chain, and endanger the oceans.
There comes a time when most successful small and medium-sized enterprises (SMEs) need to make some hard decisions. If they want to continue to grow and maintain a competitive edge, they can no longer rely on small-scale IT platforms or disconnected software applications to handle their increasingly complex business processes.
Cloud-based infrastructures allow businesses to reap the benefits of reduced capital expenditure and IT maintenance costs, and free up chief information officers (CIOs) to focus on IT strategy and other activities with higher business value. However, although businesses continue moving to the cloud, many still harbour concerns over performance and security. How can a system … Read moreERP performance and security considerations for cloud and on-premises deployments
Business growth can create increasingly complex internal processes. At a certain point, this mounting complexity makes it necessary for businesses to adopt more sophisticated business management software. This is where enterprise resource planning (ERP) comes into play.
How Australian retailers can leverage technology to stand out in a competitive environment. The proliferation of digital technologies has transformed the Australian retail sector.
The retail environment has seen a multitude of changes over the last decade. From the evolution of e-commerce to social media and mobility, there are now many more variables to consider beyond bricks and mortar. This has led retailers to adopt a new ‘omni-channel’ philosophy that gives customers the ability to interact and transact with … Read moreOmni-Channel Retailing and its impact on your retail value chain
The current highly connected state of the retail and supply chain environment is enabling retailers to understand more about their customers than ever before. With the multiplication of touch points for retailers and customers to connect – from social media, catalogues, online sales to bricks and mortar stores – there’s an opportunity for businesses to … Read moreDrawing on data to drive retail and supply chain success: The evolution of Smart Data
There is no debate that the business environment is changing rapidly. While each industry faces its own unique challenges, three major trends are making it increasingly complex for businesses to plan for the future. Economic uncertainty continues to complicate operations for businesses around the world. Large organisations are beginning to face disruption from smaller, more … Read moreTransform your business with smart technology
As one of very few Australian-based manufacturers of office furniture, Sturdy Framac was struggling to remain competitive with an outdated manual system of resource and manufacturing planning.