A lot of the reaction to the Target security breach has fixated on the backwardness of the physical data storage of American credit cards. The story goes that if only banks would hurry up and get us onto the "Chip and PIN" Europay MasterCard Visa card, we'd all be safer from breaches like this. Chip and PIN cards have some security advantages over the magnetic strip, but it's not likely it would have made much difference in this case.
by Dr Will @ Iconic
In lieu of the five Iconic things, places or persons we name traditionally on every other Friday, we will give five bits and pieces of advice for you, the humble retailer, to consider. Yes, even country clubs count, as some departments follow the same rhythm and flow as their bigger (and smaller) brick-and-mortar counterparts. Without further ado...
No Apple follower who had been paying close attention to rumors rolling around August ahead of the traditional September release of the iPhone’s newest form factor could have seen a second, colorful, plastic-bordered sibling coming. Ever since the passing of Steve Jobs, however, its stock price hasn’t been the only variable in flux. As its established smartphone settled into a new tier with a first-of-its-kind 64-bit A7 processing chip, Apple aimed to bring in a new class of customers conscious about the 5S’s price by introducing a new line of “economy” iPhones. So far, it’s not clear that the 5C is being adopted as quickly as Apple anticipated. According to an analysis by Localytics, an analytics and marketing platform firm, the 5S is outselling the 5C in the 8 countries the two were released in.
Unlike an auto manufacturer’s standing inventory of parts, the customers in a retail operation interact with the process even when nothing is happening. You can’t look at them like stock parts, not because it’s objectively wrong to count heads, but just because they won’t stand for it. Especially when it comes to waiting. As we discussed last week, customers flowing through a bottleneck don't just wait passively. For a retailer, an overwhelmed bottleneck is not just a cap on the overall flow rate; it can actually reduce demand.
Unearthing the truth about mobile point of sale solutions: by Dale Fowler
Today's post on inventory management is taken from an article posted on Small Business. The article focuses mainly on inventory management for retail clothing stores, but the tips and practices outlined in the article can easily be adapted to any retail environment.
Today being a Tech Tuesday, it seemed fitting to talk a bit about something, well, techy - like databases. Today's post and image is re-posted from ProfitNotLoss.net:
Retailers today are moving more and more towards mobile points-of-sale and away from the traditional cash register. For today's post, though, let's take a step back in time to 19th century Ohio, to the time when the first cash register was invented.
Today is Tech Tuesday, and since this is the first Tech Tuesday post after one of the biggest shopping days of the year - Black Friday - I thought it appropriate to talk for a bit about how mobile has changed retail.The Guardian says,