Articles by tag: Inventory Management

Benchmark Product’s Customer-Centric Solutions: Achieving Reliability with a Robust Supply Chain

robust supply chain

In an era where supply chain disruptions have become all too common, businesses are striving for solutions that ensure reliability and continuity for their customers. The key to navigating this challenging landscape lies in proactive planning and the implementation of robust supply chain strategies. These strategies not only aim to mitigate disruptions but also…

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Retail Roundtable: How Serious is the Retail Shrink Crisis?

In recent years, the narrative surrounding retail shrink—a significant issue for brick-and-mortar stores—has taken a dramatic turn. Fueling headlines are reports of escalating organized retail crime (ORC), with stores like Walmart shuttering locations in Portland, Oregon, and Target predicting a $500 million impact on profitability due to inventory shrink. Contrarily, some recent surveys show…

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Datascan - Keeping Count Podcast
Keeping Count: What are the main drivers prompting retailers to implement RFID?

Datascan’s VP of Technology Strategy, Herb Billings, converses with Tyler Kern about the benefits of using radio frequency identification (RFID). There are four main uses for RFID: “It improves inventory record accuracy. It reduces manual labor time around inventory management tasks. You can implement it for anti-theft, and display compliance — making sure you have…

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Datascan - Keeping Count Podcast
Keeping Count: Ways to Minimize Returns

Welcome to Herb’s Hot Takes, where we address the growing challenges of retail returns in today’s digital landscape. We explore the complexities of returns and provide expert insights to help navigate this crucial aspect of operations. With the rise of e-commerce, returns have become an inevitable part of retail operations. Retailers can employ strategies to…

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Datascan - Keeping Count Podcast
Herb’s Hot Hot Takes: The Five Effects of Bad Inventory Management

Unlock the potential of your retail business with Herb’s Hot Takes, featuring Herb Billings, Datascan’s VP of Product Strategy, as he reveals how RFID technology can revolutionize your growth. In this episode, Herb addresses the critical impact of poor inventory record accuracy on your business’s success. Discover the five key consequences that stem from inaccurate…

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Datascan - Keeping Count Podcast
What Does An Ideal Inventory Counting Solution Look Like for Retailers Worldwide?

On this episode of Keeping Count, a podcast from the experts at Datascan, Host Tyler Kern talked with Gerry Meca, Chief Information Officer at Datascan. They talked about some of the trends in the industry and what they will look like moving forward. Meca joined Datascan as VP and Chief Information Officer in March…

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Season 2
Will Drones Usher in a New Era of Warehouse Design?

Both pilots and companies are navigating a thin line between security and innovation. Host Grant Guillot talks with leaders, influencers, and experts across the drone industry to guide us through the complex web of technology and policy in the United States.   There is a lot of conversation about drone delivery. The opportunity is gaining momentum but…

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data-driven tools
Leverage Data-Driven Tools and Local SEO for Maximum Search Engine Rankings
July 26, 2024

As businesses continue to navigate the digital landscape, data-driven tools are more crucial than ever for effective SEO strategies. Understanding and implementing the proper SEO practices can make a significant difference with evolving algorithms and competitive markets. Given that 75% of users never scroll past the first page of search results, this statistic underscores…

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On-device AI
On-Device AI is Today’s Tech Innovation, Competition and Market Leadership Driver
July 26, 2024

On-device AI revolutionizes the tech landscape, making it a critical factor for industry dominance. This cutting-edge technology directly integrates advanced AI capabilities into devices, transforming consumer and enterprise applications. This shift stems from the need for improved performance, reduced latency, enhanced data privacy & security, and personalized user experiences. With advancements in neural processing…

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modern supply chains
The Role of AI in Modern Supply Chains: Insights from Aaron Hatfield at Arvist
July 26, 2024

Artificial intelligence rapidly transforms modern supply chains, with companies like Arvist leading the charge. In a recent episode of Hammer Down, hosted by Mike Bush, Aaron Hatfield, the Head of Sales at Arvist, sheds light on AI’s practical applications and benefits in enhancing supply chain operations. Is AI in the supply chain a double-edged…

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semiconductor manufacturing
Training New Semiconductor Manufacturing Professionals is Key to Meet Coming Domestic Manufacturing Demand
July 26, 2024

Over the past few years, the U.S. has made significant strides in semiconductor manufacturing, driven by substantial investments and strategic policies. With the CHIPS Act expected to triple domestic semiconductor manufacturing capacity by 2032, the need for a skilled workforce is more urgent than ever. This discussion explores the key question: What does the…

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Other Articles
Vertical with Vidir: Technology and Automation Lead Changes in Retail Industry Post-COVID
April 15, 2021

With the COVID-19 Pandemic, many companies moved online. Vidir and the broader world are seeing a lot of changes in the retail industry. The demand for automation and new technology is forcing retail outlets to change how they do business. Mario Fontes, Director of Sales and Marketing for Vidir Solutions, “a leading manufacturer and…

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Navigating Major Trends in Retail Data and Analytics
March 23, 2021

Like any industry, retail is now being forced to reckon with an emphasis on data – and analysis of that data – unlike any we’ve seen before. Retailers are in a position to understand more about their supply chain, customers, store experience, marketing and more than ever before, but they need solutions that can help…

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Keeping Count: Getting to Know Datascan and the Retail Landscape
March 18, 2021

Datascan is an industry leader in inventory counting, helping modern retailers navigate the plethora of supply chain, inventory, stock management and data-related challenges they need to in order to thrive in the modern retail landscape. On “Keeping Count,” the company will help shape the conversation around those trends, offering leading insights primed to help retailers…

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How Big Data Changed Fulfillment and Inventory in Retail
January 12, 2021

Designed for retail leaders and lovers alike, Retail Refined explores the in-store technology of the future, challenges the industry’s preconceived notions, and brings together retail’s biggest names to understand the brand strategies that will define the next decade in retail.   Retailers learned many lessons in 2020 relating to the “new” in-store experience. This knowledge now shines…

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The Benefits of Vertical Lift Modules
December 7, 2020

When Vidir Vertical Storage Solutions planned to release a new vertical lift module (VLM) into the marketplace, they knew they wanted someone with VLM experience to help them make their latest solution a success. Enter Tim Harrison. Harrison, a VLM Industry veteran since 2005, knows all of the ins and outs that make VLMs a…

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Addressing Retail’s Experience Challenges with Data
October 6, 2020

As a Senior Manager on the Strategy and Insights for Retail and Consumer Goods team at Salesforce, Caila Schwartz’s goal is simple – help retailers gain a competitive edge via actionable data and insights. Schwartz joined Retail Refined for a conversation with host Melissa Gonzalez on how that goal takes shape in practice, diving…

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Creating a Future in which the World is a Store: Retail Refined
July 7, 2020

In this episode, Melissa speaks with founder Spencer Hewett on how the possibilities of RFID are evolving with RADAR’s speed and accuracy around item-level analytics and autonomous checkout. With the goal of giving retailers the insights needed to understand what is happening in their stores at any given moment, they are helping their partners illuminate…

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Smart Cities Connect: What Automation Means for Inventory Management
October 14, 2019

Precision is critical to inventory management and any miscalculation can lead to significant business losses. Fortunately for companies that need to monitor various physical product units, digital solutions have emerged to improve tracking in warehouses. At Smart Cities Connect in National Harbor, Maryland this month, new IoT solutions were present. Raka Gupta, Director of Marketing…

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