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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 terms


Retail Systems: A Primer
The core components of a retail information system are inventory management, inventory optimization, revenue management, sales management, and reports and

retail terms  of the type of retail business, all retailers have some business processes in common. Without exception, inventory management, inventory optimization, revenue management, sales management, and reports and inquiries comprise the core components of an MMS, while financial, SCM, ERP, CRM, and WMS are typically non-core areas. Companies that are purchasing an MMS will require all of the core components. The need for non-core components, on the other hand, should be evaluated on a business by business basis. T

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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

PLM for the Retail Industry

Product Lifecycle Management (PLM) for Retail is an evaluation model containing tailored PLM criteria and extra functionalities that serve the specificities of this industry in order to help fashion goods (including apparel, footwear, accessory, and home fashion) manufacturers and retailers to achieve more efficient product development, lower cost, and better collaboration and control throughout the whole supply chain.  

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Documents related to » retail terms

Lawson's Approach to the Retail Market


Lawson Retail Operations Suite solutions are built for high-volume retail enterprises and encompass a range of activities, including the management of item information, category planning and review, assortment, pricing, promotions, warehouse replenishment, multichannel ordering, store replenishment, forecasting, and order determination.

retail terms  analyzing customer behavior and retail revenue streams, designed to help retailers address both revenue and margin challenges. While Lawson does not have a full-fledged supply chain management (SCM) offering in terms of planning and execution part and parcel modules, it features strong requisitions and procurement capabilities for its industries of focus. Through the above Armature and Numbercraft acquisitions (for more details, see Lawson Software-IPO and Several Acquisitions After ), the vendor has furt Read More

Challenges of the Future: The Rebirth of Small Independent Retail in America


By any measure, retailers are overwhelming small businesses. More than 95 percent of all retailers have only one store. Almost 90 percent have sales less than $2.5 million (USD), and more than 98 percent have fewer than 100 employees. To compete, small businesses need to be innovative, and understand both personalization and value, and how to execute best practices to build success.

retail terms  small percentage of overall retail sales, it is true that more and more people are becoming comfortable shopping online and e-commerce will continue to grow in both the business-to-business and the business-to-consumer segments. Internet technology is a true leveler of the playing field in terms of providing access to information and fulfilling the promise of multi-channel connection to customers. Virtually all our profiled retailers are now capturing or planning to capture customer email addresses. Use o Read More

Retail Technology Experiments at Metro AG


Last year, I had the pleasure of attending a Canadian retail conference where I was incredibly impressed by the presentation of Dr. Gerd Wolfram, the Managing Director of Metro Group Information Technology GmbH, IT service provider of the German retail giant Metro AG. Information technologies have a huge impact on retail business performance. This “magic” in IT technology was fantastic 15 to 20

retail terms  defined three major future retail industry trends: new forms of communications; better service; and real-time transparency. The organization thinks in terms of future and thus information technology has been defined as one of the company’s priorities. A very good demonstration of such forward thinking is The Metro Group Future Store Initiative , which is supposed to drive the national and international modernization process in retailing. The organization opened a new hypermarket in Töenisvorst, Germany Read More

The Gain and Pain of Global Retail Sourcing


The appeal of global sourcing for many industries is certainly understandable, given the potential lower cost benefits, but without careful elimination of all the hidden challenges, the entire process may turn out to be only a costly "siren song" adventure.

retail terms  and Pain of Global Retail Sourcing . In fact, there is today a growing imperative within organizations to source directly from an ever-expanding global universe of prospective vendors. Indeed, according to the World Trade Organization ( WTO ), about 55 percent of all raw materials for American manufacturing are now being sourced outside the US, which compares to about only 12 percent in the 1980s. As another example, the Wall Street Journal last year reported huge volume increases of Far East imports thro Read More

The Next Phase of Supplier Performance Management in the Retail Industry


Supplier performance management in the mass merchandising market is undergoing a renaissance of sorts. Increasingly, retailers are deploying vendor scorecards as a means of better aligning their supplier network with their corporate direction. Suppliers need to consider the implications and begin preparing for this or face considerable risk.

retail terms  Performance Management in the Retail Industry The Next Phase of Supplier Performance Management in the Retail Industry Featured Author - Mark Jones - March 18, 2005 Introduction Supplier performance management in the mass merchandising market is undergoing a renaissance of sorts. Increasingly, retailers are deploying vendor scorecards as a means of better aligning their supplier network with their corporate direction. Suppliers need to consider the implications and begin preparing for this or face Read More

Escalate Retail Commerce


PDG Group Model 821

retail terms  Retail Commerce PDG Group Model 821 Read More

BPM in the Retail Sector


To remain competitive, retailers must improve costs, differentiate the shopping experience, and ensure effective promotions. Many retailers are asking how to improve vital business processes while offering customers more. Learn about key trends in the retail sector and how business process management (BPM) can help address challenges across in-store operations, supply chain management (SCM), and multi-channel integration.

retail terms  in the Retail Sector To remain competitive, retailers must improve costs, differentiate the shopping experience, and ensure effective promotions. Many retailers are asking how to improve vital business processes while offering customers more. Learn about key trends in the retail sector and how business process management (BPM) can help address challenges across in-store operations, supply chain management (SCM), and multi-channel integration. Read More

Vendor Profile: PTC's Offering for Retail, Footwear, and Apparel


This IDC Vendor Profile focuses on PTC’s FlexPLM product for the retail, footwear, and apparel (RFA) industry—a product that leverages the product lifecycle management (PLM) capabilities of PTC’s Windchill product line. Find out about PTC’s entrance into the RFA market, its acquisition of Aptavis, and its customer collaborations with companies such as Nike, Liz Claiborne, and Nordstrom for continuing product development.

retail terms  Profile: PTC's Offering for Retail, Footwear, and Apparel This IDC Vendor Profile focuses on PTC’s FlexPLM product for the retail, footwear, and apparel (RFA) industry—a product that leverages the product lifecycle management (PLM) capabilities of PTC’s Windchill product line. Find out about PTC’s entrance into the RFA market, its acquisition of Aptavis, and its customer collaborations with companies such as Nike, Liz Claiborne, and Nordstrom for continuing product development. Read More

Large Canadian Luggage Retailer Bentley Opts for Oracle Retail


The Bentley Group is one of Canada's largest luggage and bags retailers, with stores located in practically every mall across the country. It operates more than 400 retail stores and has a central distribution center, and it has selected Oracle Retail solutions for its operations. Oracle's press release does not provide any details regarding the selection project or state the exact

retail terms  Bentley Opts for Oracle Retail The Bentley Group is one of Canada's largest luggage and bags retailers, with stores located in practically every mall across the country. It operates more than 400 retail stores and has a central distribution center, and it has selected Oracle Retail solutions for its operations. Oracle's press release does not provide any details regarding the selection project or state the exact reasons why the software was selected, but it's known that three solutions will be Read More

Reflexis Systems—Enabling Connected Retail Store


This TEC Report features Reflexis Systems, a leading provider of store execution and workforce management (WFM) solutions that enable retailers to engage consumers more efficiently and profitably. Read P.J.'s write-up on the vendor's latest offerings and new retail initiatives that provide customers with a connected retail store experience.

retail terms  Systems—Enabling Connected Retail Store This TEC Report features Reflexis Systems, a leading provider of store execution and workforce management (WFM) solutions that enable retailers to engage consumers more efficiently and profitably. Read P.J.'s write-up on the vendor's latest offerings and new retail initiatives that provide customers with a connected retail store experience. Read More

JustEnough for Retail


JustEnough's solutions, available for cloud or on premises implementations, can help retailers forecast customer demand, plan merchandise and inventory, and then execute on those plans. Modules available from JustEnough include Merchandise Financial Planning, Assortment & Space Planning, Price & Markdown Planning, Promotion Management, Allocation and Replenishment.    

retail terms  for Retail JustEnough's solutions, available for cloud or on premises implementations, can help retailers forecast customer demand, plan merchandise and inventory, and then execute on those plans. Modules available from JustEnough include Merchandise Financial Planning, Assortment & Space Planning, Price & Markdown Planning, Promotion Management, Allocation and Replenishment. Read More

Chatting with TradeStone Software @ NRF BIG Retail Shows - Part 2


Part 1 of this series introduced the conundrum that retailers (especially those in the areas of fashion and apparel) encounter in the realms of design, sourcing, ordering, and delivery of private label and branded goods. The article also introduced TradeStone Software and its merchandise lifecycle management (MLM) solutions that enable a number of the world's most successful

retail terms  Software @ NRF BIG Retail Shows - Part 2 Part 1 of this series  introduced the conundrum that retailers (especially those in the areas of fashion and apparel) encounter in the realms of design, sourcing, ordering, and delivery of  private label  and branded goods. The article also introduced TradeStone Software and its  merchandise lifecycle management (MLM) solutions  that enable a number of the world's most successful retailers to bring innovative and profitable private-label products to market at Read More

Retail Systems Research


Retail Systems Research (RSR) provides advisory services, research, and industry news. RSR publishes Retail Paradox Weekly, a retail news analysis newsletter.

retail terms  Systems Research Retail Systems Research (RSR) provides advisory services, research, and industry news. RSR publishes Retail Paradox Weekly, a retail news analysis newsletter. Read More

Design Within Reach Selects NetSuite as Omnichannel Retail Platform


Design Within Reach, Inc., a multichannel retailer of authentic modern furniture, recently selected NetSuite as its core business management platform to support the retailer's rapid growth. P.J. Jakovljevic reports on what led to the win and the expected gains for the retailer.

retail terms  Selects NetSuite as Omnichannel Retail Platform NetSuite recently announced that Design Within Reach, Inc., a multichannel retailer of authentic modern furniture, selected NetSuite as its core business management platform to support the company's rapid growth. The retailer, renowned for making authentic modern furniture from the world's top designers available to the public (including the nation's leading hospitality brands), plans to begin by leveraging NetSuite to run its core financials/enterprise Read More