by cspongberg | Jan 25, 2022 | Retail Execution Dictionary
Trade promotion compliance is the act of ensuring what the agreed upon in-store promotion is properly executed. This can be achieved with photo verification of displays, signature verification and GPS verification the location is accurate.
by cspongberg | Jan 25, 2022 | Retail Execution Dictionary
Text recognition is the ability for a device or software to take text from a photo or video and turn that into useable text. This can automate tedious tasks such as manually inputing text. Optical character recognition (OCR) is the conversion of images of typed,...
by cspongberg | Jan 25, 2022 | Retail Execution Dictionary
Territory optimization is allocating resources across areas to achieve maximum results, performance and efficiency.
by cspongberg | Jan 25, 2022 | Retail Execution Dictionary
Store assembly refers to the building and assembly of products in store either for direct end users or for product display. These tasks can be done by retailer labor or merchandising service organizations.
by cspongberg | Jan 25, 2022 | Retail Execution Dictionary
Schedule optimization is the ensuring each task is as streamlined and efficient as possible such as making sure delivery location align with a specified route to reduce time to delivery, or to ensure there isn’t too much labor in the field for a given amount of...
by cspongberg | Jan 25, 2022 | Retail Execution Dictionary
Retail connectivity provides visibility throughout the entire retail operation from manufacturers, distributors and merchandisers.