This article outlines the differences between Best of Breed solutions and an ERP implementation. We shine a light on what we believe to be the more effective approach. Best of breed solutions or an ERP implementation? It’s the age old argument that divides the retail industry. In previous years, an ERP system was seen as[…]
Retail247 are pleased to announce the deployment of Archean Move, the flexible and scalable stock solution from Retail247, to Crew Clothing. Archean is the stock solution from Retail247, consisting of a central engine (Archean Core), and supported by a series of transaction providing solutions. As part of Crew Clothing’s three year technology strategy to enable[…]
Hi everyone, we have a small announcement to make… It turns out Trademarking is hard. So to keep things simple, we are renaming our stock solution previously known as Quantum to Archean®. Archean, our revolutionary stock solution, changes the way our clients manage their inventory. Some of you may be wondering why we chose a name that relates to[…]
Up until 10-12 years ago, the sales a retailer made would often be processed overnight, meaning that stock positions were at close of play yesterday and therefore pretty useless for a modern omnichannel world. Retailers weren’t able to offer their customers a true, honest view on what they had in stock at any given point[…]
Whether you thrive on being organised and systematic or prefer to work more spontaneously, one thing is clear for retailers: ineffective stock management leads to frustrated customers, resulting in decreased loyalty and sales. Love it or loathe it, effective stock management isn’t just a nice thing to have. It’s a necessity, effecting all areas of[…]
In order to drive sales and retain customer loyalty, retailers must have a real-time and accurate view of stock in all locations and in all states. Without effective stock management, shoppers will inevitably end up disappointed as their expectations are unlikely to be met. Along with the continuing surge in omnichannel shopping, customer expectations have[…]
As someone with limited shop-floor experience compared to my colleagues, I assumed that a real-time stock management platform was a normal piece of technology for most brands and retailers. It’s become clear to me over the last few months while I’ve been learning about our new product, Archean, that surprisingly, it’s not as common as[…]
As retailers re-open their doors to shoppers, I’ve been thinking about what makes an enjoyable customer journey. Besides innovative concept driven stores, there are a few obvious factors such as visual merchandising displays, store layout and good customer service but often, even the basic necessities aren’t met. The Basics of a Customer Journey At a[…]
Well, it is – I just wanted a compelling headline, however from an operational perspective awareness and management of Stock Accuracy should be the dominant concern. When I raised the issue of Stock Accuracy several years ago, at the beginning of the multi / omni channel journey, I often had to explain the difference between accuracy[…]
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