Your one-stop resource for the latest news and trends within the beverage alcohol industry
Seamless integration between retailers and supply chain partners is no longer a luxury; it is a necessity to stay competitive. This is why it is important to identify the common challenges facing vendor integration management and how to overcome them. Well-managed and executed vendor integrations create a harmonious
There are many selling models for running a successful retail business. These selling models cater to different-sized businesses with all kinds of goods and services. Regardless of business size, two mainstays in the retail industry—inventory management and operating capital—must be optimized to be successful and stay that way.
Every business collects, stores, and analyzes data. Our customers receive many invoices daily, each containing vital data that informs accurate inventory counts and purchasing decisions to maintain margins. Businesses use tools like accounting or back-office systems to keep track of the constant influx of invoice data, but that
Switching to a new CRM may seem like a daunting task, leaving suppliers hesitant to do so with such a high volume of account contacts and associated data. Lilypad offers a convenient workaround with its account data import tool, streamlining the account contact migration process. This feature simplifies
When it comes to alcohol businesses, suppliers are looking to drive as many sales as possible. There are many ways to find new accounts, such as a route accounting system (RAS) that comes from distributor depletion data. Some suppliers, including those just starting out, may not have access
Scan-based trading (SBT) is a consignment selling model that offers improved inventory management, streamlined processes, and better collaboration between retailers and suppliers. Technology integration is central to its success, facilitating seamless transactions, data insights, and enhanced decision-making. Let’s look at how SBT and technology intertwine to create retail
The quest for variety and customer satisfaction stands as a cornerstone for retail success. One strategy that has been making waves in the industry is scan-based trading (SBT), a method that not only influences inventory diversity but also reshapes the dynamics of local markets. Here are some ways
Craft brewers are dedicated to perfecting their beer and delivering high-quality products to their customers. What likely starts as a budding hobby quickly evolves into a fully scaled brewery business complete with dedicated facilities, distribution operations, and potentially on-premises taprooms with their own set of unique challenges. Managing
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