Tactiq’s Post

Did you know inefficiencies in Direct Store Delivery (DSD) can significantly impact retail success? Common challenges include delayed restocking, time-consuming vendor management, and cumbersome invoice processing. These inefficiencies lead to out-of-stocks, unhappy customers, strained vendor relationships, and lost sales. Tackling these issues is key to maintaining a competitive edge in retail. Find out how at tactiqtech.com #RetailSolutions #Tactiq #WinRetail

Ask yourself the following three questions: Does your organisation experience a high level of customer complaints relating to their orders… Specifically not in parcel claims, missing consignments and returns claims, many of which you are aware may be fraudulent, but you have no proof to challenge? How could it impact your organisation and profits if we told you we have a technology to address and challenge these claims in a simplistic way? Would a solution that can also provide practical insights to minimise stock shrinkage and enhance inventory management be welcomed? If you answered yes to any of the above please take a look at our latest video, an introduction to BVI, then contact us by calling: 01274 869 099, emailing: info@disnorth.com, or click the link below to fill in our contact form to discover how the solution could significantly help you… https://lnkd.in/dUviYnjC #ecommerce #lossprevention #fraudprevention #warehousing #customerfraud #onlineretail

We work closely with some of the world's biggest retailers at RELEX Solutions. We see the challenges that supply chains are facing due to recent global events, and the effort retailers put to maintain their customers' trust while trying to stay profitable. I was glad to come across this read by Mark Mathews, Executive Director of Research at the National Retail Federation Center for Retail & Consumer Insights, where he argues that the price hikes for goods in 2021 and 2022 were primarily due to supply-demand dynamics, not retailers artificially inflating prices. Check out the article - and get in touch with us at RELEX Solutions to optimize your supply chain for both profitability and customer satisfaction. #Insights #SupplyChain #Retail

We work closely with some of the world's biggest retailers at RELEX Solutions. We see the challenges that supply chains are facing due to recent global events, and the effort retailers put to maintain their customers' trust while trying to stay profitable. I was glad to come across this read by Mark Mathews, Executive Director of Research at the National Retail Federation Center for Retail & Consumer Insights, where he argues that the price hikes for goods in 2021 and 2022 were primarily due to supply-demand dynamics, not retailers artificially inflating prices. Check out the article - and get in touch with us at RELEX Solutions to optimize your supply chain for both profitability and customer satisfaction. #Insights #SupplyChain #Retail

We work closely with some of the world's biggest retailers at RELEX Solutions. We see the challenges that supply chains are facing due to recent global events, and the effort retailers put to maintain their customers' trust while trying to stay profitable. I was glad to come across this read by Mark Mathews, Executive Director of Research at the National Retail Federation Center for Retail & Consumer Insights, where he argues that the price hikes for goods in 2021 and 2022 were primarily due to supply-demand dynamics, not retailers artificially inflating prices. Check out the article - and get in touch with us at RELEX Solutions to optimize your supply chain for both profitability and customer satisfaction. #Insights #SupplyChain #Retail

Read the latest The Protiviti View to learn how retailers can address weaknesses in order management and fulfilment challenges.

Challenge #8: Analyze Vendor Relationships 📦🔍 There’s a good reason retailers nationwide have integrated Direct Store Delivery (DSD) into their supply chains. Customers can expect the products they want to be on the shelf, leading to increased sales, loyalty, and customer satisfaction. Retailers reduce a wide range of inventory costs, boosting profit margins, while also improving management of shelf-space in stores. But that’s only if everything with your suppliers goes perfectly. Which, as you know, it never does. It's essential to ensure you're getting what you paid for. Analyzing vendor relationships allows you to gain critical insights into product performance, credit validation, and invoice tracking. Issues like inventory distortion, delivery shortfalls, missing credits, and duplicate invoices can significantly impact your bottom line. By combining delivery records with point-of-sale data, you can pinpoint shrink occurrences, address on-shelf availability issues, and ensure transparency in vendor performance. Ready to dive deep into your vendor interactions and optimize your supply chain? https://hubs.la/Q02Q2jc10 #DSD #directstoredelivery #retail #retailoperations #supplychain

Transparency in the supply chain helps build trust with customers. When a company openly shares information about its suppliers, manufacturing processes, and other aspects of its supply chain, it creates a sense of transparency and honesty. This transparency reassures customers that the company has nothing to hide and is operating with integrity. Trust is crucial for customer loyalty and can be a key differentiator in a competitive market.

“One of the best ways for #Retailers to improve their #CustomerExperience is to improve their associates’ tools.” Watch this video to hear what the experts at #NRF2024 had to say about keeping retail employees well-informed and well-equipped. Let’s talk about the latest #RetailTech. PM me!