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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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 retail inventory manager duties


The Anatomy of Retail Sourcing Processes
The most successful retailers are those that continually focus on driving the very best performance from each of their suppliers, and that work collaboratively

retail inventory manager duties  Anatomy of Retail Sourcing Processes The potential benefits of global sourcing and supplier management that have been discussed for retailers in this series so far are not that easily achieved across the board. To recap, these benefits can be seen both at the top line and at the bottom line. At the top line, benefits include growth of private label business, faster time-to-market, better product availability and fewer stockouts, more competitive offerings and improved customer value, and broader access

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Merchandising Systems

Merchandising systems are the enterprise back and front-office software solutions upon which the majority of retailers rely to manage and support their daily tasks. These systems typically record product performance, which allows buyers to purchase merchandise according to that information and to make accurate merchandise decisions. Moreover, retail systems have capabilities for tracking inventory, capturing sales data, and managing retail prices. 

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The Fashion and Apparel Retailers' Conundrum


Retail remains a very tactile industry, focused on the hand, drape, and durability of fabrics and trim—besides which, designs are still being sketched on paper and pinned on size models or mannequins.

retail inventory manager duties  The Intricacies of Global Retail Sourcing . Major North American retailers have typically turned to software such as analytics for forecasting, inventory optimization, or markdown calculations, and Web-based software to tie together data from disparate departments and trading partners, all to speed up supply chain processes from remote low-cost material (fabric) and labor locations. One way to speed up these processes would be to form closer relationships with suppliers (for example, by committing to a Read More

Single Version of the Truth


Today's enterprise is no longer a single, vertically integrated organization. Globalization, outsourcing, and off-shoring have created an environment where end-to-end supply chains include many players, with a shared need for accurate and timely information.

retail inventory manager duties  management Order fulfillment for retail channels Condition monitoring Compliance guidelines for retailers—making sure that when the retailer changes their compliances guidelines, all their suppliers know about it precisely and in a timely manner Sales personnel Finance Warehouse personnel Carriers Retailers Receipt at store level Condition monitoring Retailer store personnel Carrier Finance Sales Sale to ultimate consumer Customer information—in particular for the end customer POS data (exactly what Read More

TradeBeam Keeps on Rounding Out Its GTM Set


TradeBeam strategic expansion, which covers the entire life cycle of global trade across order, logistics and financial settlement activities, seeks to improve operating efficiencies and working capital.

retail inventory manager duties  of hi-tech companies; In retail and distribution, TradeBeam reportedly handles billions of dollars of goods flow that is tracked annually through dozens of integrations with logistics companies; In the government sector, TradeBeam was selected to drive the Department of Homeland Security's (DHS) Operation Safe Commerce initiative; and In the banking and financial services industry, more than $2 billion (USD) LC are processed through TradeBeam applications with integration to some of the largest banks in Read More

Zooming into the Clothing Retailer Conundrum


If retailers in the vertical market of fashion apparel do not constantly refresh their presentation and assortment for consumers, they run the risk of being overtaken by their competition, regardless of how competitively they source and deliver.

retail inventory manager duties  tightest delivery times. Consequently, retail manufacturers should institute globally visible time-and-action calendars and leverage existing IT investments to work together to bring products to market, report on critical milestones, and achieve and propagate “one source of the truth.” Information-sharing should benefit trading partners by improving forecasts and the coordination of manufacturing and distribution systems and strategies, reducing lead times, and accelerating reactions to marketing Read More

Visual Asset Manager 6.3 for CMMS/EAM Certification Report


Visual Asset Manager 6.3 is TEC Certified for online evaluation of computerized maintenance management systems/enterprise asset management (CMMS/EAM) solutions in TEC's CMMS/EAM Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

retail inventory manager duties  visual asset manager,cmms eam software,it maintenance,it maintenance service,it asset management,control software,fund management,tracking software,software tracking software,inventory management,program maintenance,maintenance program,tracking program,maintenance management,management maintenance Read More

The Intricacies of Global Retail Sourcing


Retailers should aim at curbing traditional firefighting practices in favor of productive planning and collaboration with customers. Retailers must take steps to reconcile these disparate solutions to improve their reaction time and gain maximum leverage from their sourcing activities.

retail inventory manager duties  Intricacies of Global Retail Sourcing Dealing with Conflicting Objectives A few major (and often conflicting) objectives have been driving retailers to turn to information technology (IT) to streamline their sourcing and logistics processes. One objective is the pursuit of lower prices, which often involves excessively extended supply chains to remote, lower cost regions. The other is the quest to shorten cycle times, which is essential—but so is having quality control to ensure that companies get Read More

Meet Sage Inventory Advisor in the Cloud


Sage recently announced the general availability of Sage Inventory Advisor, a new cloud forecasting and planning solution that integrates with Sage enterprise resource planning (ERP) systems to provide companies with a daily diagnostic of inventory, reduce time spent on forecasts, and resolve the optimal investment required to achieve target fill rates. As a cloud-based subscription service, Sage

retail inventory manager duties  wholesale distribution, manufacturing, and retail trade, Sage Inventory Advisor integrates with several Sage ERP systems and analyzes inventory data to identify where the biggest improvements can be made, produce quality forecasts, and quickly suggest optimal replenishment recommendations. Sage Inventory Advisor uses algorithms in the following areas: Forecasting : uses the Forecast Pro algorithms, with the “tournament” method to automatically pick the best-fitting algorithm Safety stock : uses five Read More

Multichannel Retail




retail inventory manager duties  Retail Read More

Effective Inventory Analysis


For many distributors, inventory is the largest and perhaps the most important asset. Inventory ties up more money than buildings or equipment, and is often less “liquid.” It is crucial, then, that distributors develop and use a comprehensive set of tools that allows close monitoring of the performance of inventory investments. Read more about simple measurements that can help you maximize your investment in inventory.

retail inventory manager duties  Inventory Analysis For many distributors, inventory is the largest and perhaps the most important asset. Inventory ties up more money than buildings or equipment, and is often less “liquid.” It is crucial, then, that distributors develop and use a comprehensive set of tools that allows close monitoring of the performance of inventory investments. Read more about simple measurements that can help you maximize your investment in inventory. Read More

Lean Inventory by the Numbers


Getting lean is not a simple task; it requires an aggressive, iterative approach to examine complex tradeoffs. And given the number of variables that characterize a distribution center (DC) and its constituent stock keeping units (SKUs), performing this type of analysis without using the right tools can be daunting—if not impossible. Find out how a tool-based approach can make getting lean easier.

retail inventory manager duties  Inventory by the Numbers Getting lean is not a simple task; it requires an aggressive, iterative approach to examine complex tradeoffs. And given the number of variables that characterize a distribution center (DC) and its constituent stock keeping units (SKUs), performing this type of analysis without using the right tools can be daunting—if not impossible. Find out how a tool-based approach can make getting lean easier. Read More

Is There a Smarter Way to Handle Excess Active and Obsolete Inventory?


Imagine the convenience of a 24x7 intranet marketplace where companies could sell off their inventory to the highest bidder. FreeFlow is one such business service provider, helping companies find buyers to sell their products to and increase inventory asset recovery.

retail inventory manager duties  input required from the retailer or manufacturer. However, new best practices in returns inventory asset management involve outsourcing as much of the material handling and disposition process as possible. FreeFlow touts a number of returns material remarketing programs with global manufacturers in the high-tech and telecommunications industries. In turn, these manufacturers can reap both operational and financial benefits from off-loading this category of inventory as soon as the customer interaction is Read More

JBoss Enterprise BRMS Compared to IBM Operational Decision Manager and IBM Business Process Manager Standard


The combination of business rules management systems (BRMS), complex event processing (CEP), and business process management (BPM) allows companies to create business solutions with less variability, improved accuracy, and greater environmental awareness. This competitive brief presents a mix of similarities and differences between JBoss Enterprise BRMS and the combined IBM Operational Decision Manager and IBM Business Process Manager Standard software.

retail inventory manager duties  business rules management system, BRMS, CEP, complex event processing, business process management, JBoss Enterprise BRMS, IBM Operational Decision Manager, IBM Business Process Manager Read More

19 Steps to Maintain an Accurate Inventory What You Must Know About Your Inventory


It takes $2,500 in new sales to make up $100 in lost inventory, assuming a 4 percent return. Keeping an orderly warehouse with up-to-date processes and informed pickers and receivers to stop loss and identify and solve problems faster.

retail inventory manager duties  Steps to Maintain an Accurate Inventory What You Must Know About Your Inventory 19 Steps to Maintain an Accurate Inventory What You Must Know About Your Inventory Featured Author - Ren Jones - May 19, 2005 Introduction Peter Drucker, the foremost author and expert on enterprise and self-management, and one whom I am sure everyone reading this has probably heard of, stated, We know little more about distribution today than Napoleon's contemporaries knew about the interior of Africa. I found out just Read More

JDA Enables Retail In-Store Picking


While omnichannel retail has created multiple sales opportunities for retailers, it has created havoc in their stores and upstream supply chains. Challenged with enormous e-commerce purchasing volumes, retailers are looking at how they can effectively manage the picking of e-commerce orders to truly provide the ‘buy anywhere, fulfill anywhere, and return anywhere’ experience. Find out how one software vendor is helping retailers address this challenge.

retail inventory manager duties  Enables Retail In-Store Picking While omnichannel retail has created multiple sales opportunities for retailers, it has created havoc in their stores and upstream supply chains. Challenged with enormous e-commerce purchasing volumes, retailers are looking at how they can effectively manage the picking of e-commerce orders to truly provide the ‘buy anywhere, fulfill anywhere, and return anywhere’ experience. Find out how one software vendor is helping retailers address this challenge. Read More