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25 Nov 2024
•Read 3 minutes
ABM Cloud and DUS Level: successful partnership in warehouse logistics automation
ABM Cloud has successfully completed the first phase of ABM WMS implementation for DUS Level – a significant step towards comprehensive optimization of warehouse processes. DUS Level, as a national leader in the plumbing, water and heating industry, has a portfolio of over 100 brands stored in a 5000 m² warehouse with a range of […]
14 Nov 2024
•Read 3 minutes
Avalon has implemented ABM WMS warehouse management system
Avalon, an automotive parts and oil retailer, has completed the implementation of ABM WMS from ABM Cloud. For Avalon, the implementation of ABM WMS was an important step towards developing and improving the efficiency of warehouse operations. Some of the goals of the automation were to create a single tool for resource management, improve the […]
30 Oct 2024
•Read 4 minutes
Management of product assortment and formation of the assortment matrix
Customer needs and desires, as well as economic conditions, are constantly changing. To be successful in managing product assortment, modern tools and approaches must be used. How can we improve product assortment management? What should we pay attention to? What factors influence assortment management at the retail point? How do we choose products for sale? […]
30 Oct 2024
•Read 7 minutes
Improving Sales and User Experience: How to Use the Category Tree in Retail?
A category tree is a category management method that organizes the assortment of products in retail points of sale. It is used to group products into logical categories, simplifying selection for shoppers and contributing to increased sales volumes. In this article, we will explore how the category tree works, its advantages, and how it enhances […]
30 Oct 2024
•Read 7 minutes
A New Level of Assortment Management: From BI to Automation in Category Management
The popularity of using software for assortment management automation is on the rise. According to the Global Retail Analytics Market Research Report, the current market value of over $3 billion is projected to grow to $6 billion by 2032. Specialized software allows category managers to efficiently evaluate various assortments, pricing strategies, and promotions to determine […]
30 Oct 2024
•Read 5 minutes
Assortment Management and Revenue Growth through Confectionery Store Automation
Learn how to choose and manage your confectionery store’s assortment, how much revenue can increase through automation, and how to set up easy and efficient tracking of goods and finances. The selection of the assortment directly depends on location and the purchasing power of potential customers. A distinctive feature of a confectionery store’s assortment is […]
30 Oct 2024
•Read 7 minutes
Breaking Stereotypes: How Automation in Category Management is Revolutionizing Retail Networks
The topic of category management remains relevant. Each retailer addresses this issue in their own way: some use Excel, while others opt for software of varying complexity. However, not all retailers and manufacturers adopt a systematic approach. There are many reasons for this, including unrealistic expectations from integration. Therefore, it’s worth delving deeper into the […]
30 Oct 2024
•Read 7 minutes
Time for Change: When Retailers Need to Automate Assortment Management
Retail can be compared to a living organism: it evolves and constantly requires changes for improvement. These processes are stimulated by external factors such as changing trends, fluctuations in consumer demand, and competitor actions. However, there are issues that can hinder the successful evolution of a company, primarily concerning product management. Let’s analyze the situations […]
30 Oct 2024
•Read 7 minutes
Assortment Management: Perfect Implementation
Effective assortment planning helps optimize the number of products, meet the demand of the existing audience, attract new customers, reduce storage costs, and increase profits. Here’s how to organize processes to achieve these advantages. Define the Role of the Category At a basic level of assortment planning, category roles are defined for various objectives: expanding […]
30 Oct 2024
•Read 5 minutes
Category Management: Strategic Category Management in Retail
Category management can help your retail team find products, establish connections between buyers and suppliers, and execute the procurement process more effectively. While you can manage categories on your own, it is most effective when combined with a comprehensive product lifecycle management plan. It’s important to remember that the category management process is not the […]
30 Oct 2024
•Read 5 minutes
Promotions for Retailers: Headache or New Opportunities?
Sales forecasting for promotions presents a major challenge for retailers. According to Nielsen statistics, 60% of promotional campaigns fail to be profitable, while the share of sales driven by promotions ranges from 20% to 70%, depending on the country and industry. For instance, the percentage is higher in the U.S. than in post-Soviet countries, and […]
29 Oct 2024
•Read 7 minutes
Optimizing Inventory Levels in Pharmacies: What Are the Key Features?
Pharmacy chains are recognized as leaders in retail when it comes to the complexity of inventory management. The pharmaceutical retail industry is characterized by significant government regulation, limited shelf space, and, importantly, a wide and complex product range. Pharmacy retail encompasses tens of thousands of product items. Medications are available in various forms and dosages. […]
29 Oct 2024
•Read 5 minutes
How to Manage Inventory in a Small Store
You’re opening your own store, have resolved all initial challenges, negotiated with suppliers, and are now anticipating your first shipment of goods. At this point, a crucial question arises: how do you manage inventory in a small store? It is essential to establish a well-organized inventory management system from the very beginning of your retail […]
29 Oct 2024
•Read 3 minutes
How to Calculate and Account for Retro Bonuses to Stimulate Sales
A retro bonus (commonly referred to in global practice as a “rebate”) is a reward given for achieving a specific volume of product sales or for reaching a predetermined sales amount.
29 Oct 2024
•Read 7 minutes
Inventory Management in Retail: How to Calculate Key Performance Indicators
Calculating and analyzing KPIs in inventory management provides insight into where money is concentrated in the supply chain. Often, funds remain tied up in excess inventory at warehouses and retail locations, or retailers lose customer loyalty and miss out on profits due to lost sales. Inventory management in retail comes down to balance: achieving product […]
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