7 benefits of using Third party logistics for your retail business
What does “Third Party Logistics” mean? Third-party logistics ( often abbreviated as 3PL, or TPL) in logistics and supply chain management refers …
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Significance of Structured Product Catalog Information
For any retail business, especially if you are selling online, maintaining a structured product catalog information spec sheet is critical to suc …
Image Recognition for Retail Execution – ParallelDots partners with Kvados for Central European Markets
Lewes, DE — September 16, 2021 : ParallelDots, Inc., an artificial intelligence company that provides automated retail audits solutions for CPG a …
Minimum Order Quantity (MOQ)- Definition, Basics And How To Negotiate
Calculating the Minimum Order Quantity (MOQ) is essential for good inventory management. It helps you calculate how much inventory you need accur …
A Way to Operate Retail Store Independently
A few years ago, it was a dream for every businessman to run his business smoothly and efficiently. But now, it has become a reality. To start a …
How to Use Influencer Marketing for Ecommerce
Influencer marketing has been a huge buzzword in the business world as of late. The unprecedented rise of social media has brought this concept t …
How To Increase Repeat Purchases From Your Customers
On average, consumers spend no more than 50 seconds on any single page on your website. To say that today’s consumer is distracted would be a maj …
Building the Perfect Retail Execution Strategy – with Image Recognition.
Over the past decade, a systematic shift has been observed in the retail execution strategy of the CPG and retail brands – courtesy the advent of …