Tom Myers

👻😱Is your inventory haunted by phantoms? 😱👻 Check out this clip from the most recent episode of our podcast, Durables Digest. In this episode, Brian and Eric are joined by special guest Doug Murless, 'The POS Data Guy', where they discuss solving challenging retail problems with the insights found within POS data analysis. Listen to the full episode: https://hubs.ly/Q02BCc7h0 Apple: https://hubs.ly/Q02BCdQS0 Spotify: https://hubs.ly/Q02BCg1y0 #podcast #inventory #retail #retailinventory #dataanalytics #retaildata #durablesdigest

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Want to read a great case study of a well-known brick-and-mortar retailer using better inventory management to win? Check out Dan Berthiaume's piece in Chain Store Age about how Michaels Stores is turning its physical stores into omnichannel supply chain hubs... ... and how better inventory management and more efficient product allocation enable it. It's just one example of how retailers that manage their inventory more effectively can win in today's competitive environment. And if you're a brick-and-mortar retailer who wants to know how to manage inventories and assortments more effectively, let's chat! #BrickAndMortar #Retail #Inventory #Assortment #Management

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What’s new at ASG: Empowered by a dynamic team of 20 ASG consultants, we revolutionized pricing operations for a major retail chain. By transcending manual processes, we elevated efficiency and bolstered profitability across 115 stores in four distinct markets. Our modernization efforts didn’t just streamline operations; they fostered a culture of satisfaction among customers and employees alike, driving a new era of retail excellence. Connect with us to see how we can help transform your operations and ensure your business achieves its strategic objectives #BuildyourteamswithASG #Retailsector #Pricing #Tech #hiring #retailchain #committedtoexcellence #staffingexpertise #Staffingprofessionals

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📢 New Article Alert! 🚀 Head over to the WAPI blog to check out our latest article: "What is GMROI in Retail: Maximizing Inventory Management for Profit." 📈🛍 Learn how GMROI can revolutionize your inventory management and boost your profits! 💡💰 Read now: https://lnkd.in/eR39wWDQ Don't miss out on these valuable insights! 🔗✨

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How important is understanding shopper missions when building your eCommerce plans? Very! Interesting perspective here from Walmart that Walmart+ is helping them win the smaller, more frequency basket from Amazon. We believe that understanding the shopper is paramount in eCommerce, and can unfortunately be sometimes ironically overlooked as brands delve deeper and deeper into the mountains of tech and data our there. So put shopper understanding at the start of your eCommerce plan today! Not sure how to do this? Just drop us a line. #amazon #shoppermisssions #walmart #ecommerce #data #technology https://lnkd.in/eEa_pecR

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“Only 58% of customers indicated the [home improvement retail] store was very clean and 52% indicate product information was clear and helpful,” said Michael Taylor, senior managing director of retail intelligence practice at J.D. Power. “These two factors play a vital role in overall customer trust in the retailer and as customers are spending an average of $1,786 a year on home improvement products, these are areas in which the retailer can improve to increase share of wallet and overall customer satisfaction.” ➡️ More key findings from the J.D. Power 2024 U.S. Home Improvement Retailer Satisfaction Study: https://hubs.la/Q02x92fl0 #HomeImprovement #Retail #RetailStore #HomeRenovation #CustomerSatisfaction

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Your omnichannel strategy is only as strong as your inventory management. Learn how an OMS optimizes inventory so you can create ideal shopping experiences and sell more product. #inventorymangement #omnichannelretail

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Inventory is the backbone of retail. Every retailer strives to optimize inventory flow through its supply chain. But when discrepancies between inventory records and what’s actually available occur, retailers end up with “phantom inventory.” To proactively address phantom inventory, retailers need to understand how these situations occur and how AI can help tackle the problem on a wide scale

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If inventory isn't showing up in a retailer's available to promise calculations, that retailer is missing out on sales and disappointing customers. In our new eBook, we look at what's causing 'invisible inventory' and how an inventory system of record can help. ➡️ https://bit.ly/4bf1Kht

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Check out Kurt Beeken, Owner & President of Retail Dimensions interview with Michelle Sherrier of the Retail Whore Podcast! 🎉 With over 35 years of retail technology experience, Kurt and the RDi team are here to help retailers leverage their tech and data to stand out from competitors. #RetailTech #Ecommerce #InventoryManagement #podcast #technologyisawesome #rdi #news #retail #retailer #data #tech #ecommerce #years #retailtech #retailers #experience #help #inventorymanagement #postechnology #retailadvice

This interview with Walmart CEO Doug McMillon is a #retail #masterclass. A bit of context and perspective, combined with a lot of detail about every aspect of their business — #merchandising, #SupplyChain, #stores, #digital / #omnichannel, #international, #technology, #marketplaces, #RMNs, and more. And this will make an excellent base prompt for a retail #AI assistant — one of my #WeekendProjects

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🔊News Flash! All jobs are tech jobs, and all companies are tech companies, even Walmart. Want proof?! Wal-Mart is currently testing cutting-edge technology called Digital Shelf Labels to enhance the way store associates manage pricing, inventory, and order fulfillment with the goal of improving the customer experience. Digital Shelf Labels are expected to expand to 2,300 Wal-Mart stores by 2026. In 2021, Wal-Mart began testing product delivery by drones and has completed over 30,000 drone deliveries to date. Recognizing that today’s consumers are more tech-savvy, Wal-Mart is embracing technology to ensure its customers are satisfied and have great shopping experiences.   🤝🏽In addition to technology leadership, Wal-Mart is also committed to community engagement. According to Wal-Mart, “Serving communities lies at the heart of Walmart’s mission to save people money and help them live better. We aim to serve communities by operating our business in a way that meets the needs of our customers and community stakeholder groups, complemented by additional efforts, including disaster support, associate volunteerism, local grant programs and community cohesion initiatives.”   In 2023, Daniel Harris, Complex Store Manager, for Wal-Mart Store 2555 located at 117 Wilton Boulevard, New Castle, DE 19720, demonstrated the company’s commitment to community engagement when he proactively sought out the Tech Council of Delaware to discuss collaborations and form a community partnership. Since that initial meeting, Daniel has attended the Council’s 2023 Thanks-A-Brunch year-end celebration and invited us to attend their Community Resource Day held at the New Castle store in January 2024, of which member company Metropolitan Wilmington Urban League and strategic partner Delaware Black Chamber of Commerce participated and were very involved.   👏🏼Thank you Wal-Mart for sponsoring the 2024 Tech Ecosystem Conference! We appreciate your partnership! The Tech Council of Delaware looks forward to more collaborations with Wal-Mart as we serve local communities and advance technology to make lives better for all Delawareans!   🎫Make sure to register for the conference! https://lnkd.in/evcBynEH   #technology #collaboration #partnership #Delaware #techhub

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Do you want to create a Demand Side Platform (DSP) with Walmart and Walmart Connect? Read our blog post to learn how! https://lnkd.in/e2ck6rwP #walmart #ecommerce #wfs #dsp #walmartdsp #demandsideplatform #walmartads #ads #advertising #marketing #digitalmarketing #ad #walmartad

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Do store associates have the visibility they need to quickly fulfill #BOPIS orders? One of the best ways to provide a better customer experience is to process orders quickly. Every store associate has an application for processing BOPIS orders where they can see all the orders assigned to the stores. Whenever a customer places a BOPIS order at their preferred location, the store associate of that particular location gets notified. The notification is configured from multiple forms like email, texts, or any mobile app notification so that the BOPIS order can be processed immediately. While this communication is critical, we identified delays in BOPIS orders when store associates did not have a full record of outstanding BOPIS orders. HotWax Commerce provides a dashboard integrated with Shopify POS where a store associate can check how many orders are fulfilled and how many are still left so as to ensure that no orders are delayed. By providing enhanced visiblity to store associates, HotWax Commerce empowers retailers to provide a seamless omnichannel customer experience and ultimately increase customer retention. #ShoppingandtheRetailIndustry #eCommerce #Retail #Omnichannel #OrderManagementSystem

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Differentiate yourself by cutting days off the refund process and be amongst the 8% of retailers offering the ability to track refunds. See how our capabilities enhance your returns management and customer return experiences profitably and efficiently. https://ow.ly/3cMz30sBnXK #retailtechnology #retailsales #retailing #retailinnovation #retailindustry

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