Green Retail - The battlefield for customer loyalty just got greener
By Chris Allan
There is one area in the near future where retailers are set to battle harder than ever before - the environment. Amid the buzzwords of food miles and carbon footprints, retailers are already working to demonstrate their environmental credentials in order to keep existing customers and win new ones?
09 Jan 2008 |
Is your supply chain fashion forward?
By Chris Allan, Co-Founder and Head of Product Strategy, Quantum Retail
Maximizing performance in the fast moving world of fashion retail. Fashion retailers’ supply chains and distribution networks often constrain their ability to always have the right product, in the right size and color, in the right store. And in fashion more than almost any other branch of retail, there is an additional challenge to ensure stores do not have overage at the end of the sometimes very short selling period that will have to be marked down, thus eroding margin. Fulfillment processes have been developed to be the best compromise between the financial and merchandising goals of the retailer and operational constraints, but a compromise they certainly are.
05 Dec 2007 |
Engineering Truly Adaptive and Dynamic Planning
By Morgan Day, Chief Technology Officer, Quantum Retail
Most retail forecasting, replenishment, allocation and inventory planning taking place today suffers from significant performance and scalability issues. With Q, Quantum Retail take a completely different approach to solving the problems of scalability and performance that beset today's systems.
2007-10-11 14:30:00 |
Managing Markdowns
By Linda Whitaker, Chief Scientist, Quantum Retail
Markdown Optimization has become all the rage of retailers and retail technologists. What more can be done to minimize markdowns before the end of the product lifecycle? As product lifecycles become ever shorter, getting it right has never been more important in maintaining competitive advantage and profitability. Most of the technology being deployed today to optimize the productivity of inventory is designed to operate at the end of the product lifecycle and is focused on price. Of course the end of the lifecycle is the time to execute markdown strategies, but in fact the most effective and profitable strategy is one based on the whole of the product life and also focuses on inventory.
Jun 2007 |