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TryNow raises $12M to bring try-before-you-buy, Prime Wardrobe as a service to online retailers

TechCrunch

TryNow — which provides technology to online retailers that use Shopify Plus to let their customers receive and try out apparel, return what they don’t want and pay only for what they keep — has raised $12 million, funding that it will be using to continue expanding its business.

Retail 253
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Innovative Solutions for Modern Apparel Fulfillment Challenges

Strategy Driven

In today’s fast-paced world of apparel retail, fulfilling customer orders quickly and accurately is more crucial than ever. However, achieving efficient apparel fulfillment poses significant challenges that require innovative solutions. Meeting these expectations requires streamlined processes and efficient logistics.

Apparel 40
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Demand Forecasting Methods: Using Machine Learning and Predictive Analytics to See the Future of Sales

Altexsoft

Let’s compare the existing options: traditional statistical forecasting, machine learning algorithms, predictive analytics that combine both approaches, and demand sensing as a supporting tool. The only difference if compared with the previous century is that all calculations are performed automatically, by modern software.

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Inventory Management Software: How Technology Addresses Inventory-Related Issues

Altexsoft

On the other hand, if your company is a part of the supply chain, whether you deal with manufacturing, manage a warehouse, or run a retail store, you’re probably familiar with such problems as time-consuming inventory counts, running out of stock because of late reordering, or shortages due to inaccurate demand planning.

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Automating product description generation with Amazon Bedrock

AWS Machine Learning - AI

The platform enables you to create managed agents for complex business tasks without the need for coding, such as booking travel, processing insurance claims, creating ad campaigns, and managing inventory. Doug Tiffan is the Head of World Wide Solution Strategy for Fashion & Apparel at AWS.

eCommerce 111
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Reverse Logistics: The Role of Software in Returns Management

Altexsoft

In spite of associated losses, businesses can’t avoid giving customers the opportunity to give back their purchases due to consumer law legislation. So, what is returns management and reverse logistics, and how can software make it easier to handle all that workload? Returns management software: main features.

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How Much Does It Cost to Create an Online Shopping App Like Idealz?

Xicom

They have a wide range of product categories that include apparel, footwear, accessories, and electronics. Idealz also uses analytics and AI to optimize its business model. Product reviews: Customers can leave reviews on products they purchased which helps others to make informed purchase decisions.