Remove Consumer Remove Inventory Management Remove Planning Remove Wholesale
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7 Tips for Wholesale Inventory Management

Independent Retailer

consumers have been pulling back on clothing and durable goods as soaring inflation raises the cost of food and basic items. Wholesale inventory bloat, combined with a softening demand in the economy, is taking its toll on cash flow and earnings at retailers. . Donate Excess Inventory. Liquidate Excess Inventory.

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Do You Have What It Takes to go from Wholesale to DTC?

Retail TouchPoints

If you’re a wholesale retailer or brand owner and you haven’t already launched a direct-to-consumer sales channel, you’d better be thinking about it. The global pandemic not only accelerated the growth in ecommerce, it highlighted the shortcomings of wholesale-only sales channels. to visit your website. Fulfillment and Returns.

Wholesale 269
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Navigating ERP Software for Wholesale Distribution: Benefits, Challenges, and Implementation Tips

RETAIL MANAGEMENT SOFTWARE

Enterprise Resource Planning (ERP) software has revolutionized the way businesses operate. It has become an essential tool for managing complex business processes, especially in the wholesale distribution industry. However, implementing an ERP system can be challenging and time-consuming.

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How Retailers like Rothy’s and Shinola are ‘De-Risking’ Product Design with Consumer Data

Retail TouchPoints

Consumers have changed, they are less willing to be dictated to, they are harder to predict and they’re moving faster — now more than ever we’re seeing merchants and planners and designers looking for ways to be more attuned, more regularly, with what their consumers want.”. Distribution is No Longer Destiny.

Consumer 264
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Digital Transformation Propels Burton’s Omnichannel Growth Plans

Retail TouchPoints

While the name Burton is almost synonymous with the snowboards the company began making in 1977, Burton has diversified over the years into new categories — including surfboards, apparel, goggles/optics and other sports gear — as well as expanding beyond manufacturing into direct-to-consumer (DTC) retail, both physical and digital.

Planning 247
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Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks

Retail TouchPoints

The Evolving Threat Landscape Retailers increasingly rely on digital platforms for sales, inventory management and customer engagement. A cyberattack that compromises customer personal information can diminish the trust consumers place in a brand. Conducting a third-party audit of cybersecurity protocols.

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Is it Time for RFID to Shine?

Retail TouchPoints

However, the retailer may see that stock of a particular item is low at the relevant store, and demand planning could confirm that those items are likely to sell out before being replenished if that store handles fulfillment. After all, consumers want to be able to get products whenever and however they want.