Remove 2018 Remove Accounting Remove Inventory Management Remove Markdowns
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Avoid Inventory Imbalances by Leveraging Retail Predictive Analytics

Retalon

The result of unreliable projections are inventory imbalances: mistakes in planning, purchasing, and inventory management, resulting in inventory levels that don’t match actual demand. Each year, inventory imbalances cost retailers an estimated $1.1 trillion annually. Key Takeaways.

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Coach joins Burberry and Gucci in dropping fur products

Retalon

Are the current pricing and markdown strategies still the optimal ones based on the new forecast? And how can retailers determine and account for the shifts in demand that follow? Retalon’s solutions are built one unified platform to account for all factors influencing your business. What products might also see an uplift?

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Coach joins Burberry and Gucci in dropping fur products

Retalon

Are the current pricing and markdown strategies still the optimal ones based on the new forecast? And how can retailers determine and account for the shifts in demand that follow? Retalon’s solutions are built one unified platform to account for all factors influencing your business. What products might also see an uplift?

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Avoid Inventory Imbalances by Leveraging Retail Predictive Analytics

Retalon

The result of unreliable projections are inventory imbalances: mistakes in planning, purchasing, and inventory management, resulting in inventory levels that don’t match actual demand. Each year, inventory imbalances cost retailers an estimated $1.1 trillion annually. Key Takeaways.

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How retailers are optimizing and automating their business

Retalon

Inventory Management. Traditional inventory management is fragmented silo work that doesn’t take other processes into account. Things are done retroactively or not at all, and any changes made tend to be at a category level, not a SKU level, leading to lost sales and unnecessary markdowns.

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Predictive Analytics Brings Retailers Closer To Omni-Channel Customers

Retalon

If you’re a retailer reading this in 2018, you need to pat yourself on the back! These tools are not able to account for new products, categories, and markets, or used & exchanged items, let alone suggest accurate and tangible actions going forward. Here’s the list of stores closing this year.).

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How Predictive Analytics Are Transforming Omni-Channel Retail

Retalon

How much extra inventory should be ordered for planned promotions? What is the optimal pricing/markdown strategy to sell off inventory by end of season while a staying away from lost sales, and dead inventory? When is the right time to replenish inventory from the vendor and how much should you order?