Wiser

APRIL 7, 2020

Inventory management will rarely be the only thing that makes a retailer successful, but it can absolutely be the something that breaks you. Knowing what your customers like is one thing, but understanding how much of each item you need on shelves and how to price them is where inventory management can go awry. Don’t believe us?

Markdowns 128

Markdowns Inventory Management Drop-Shipping Apparel 128

Retalon

APRIL 25, 2017

Getting your product pricing right is absolutely critical to customer cross-channel experience, but the promise of unified price, promotion and markdown optimization is hard to achieve. The post Guide for Unified Price, Promotion and Markdown Optimization Applications appeared first on Retalon.

Markdowns 32

Markdowns Promotions Inventory Management Planning 32

Retalon

JULY 25, 2018

Distributed Order Management. Unified Price, Promotion and Markdown Optimization. The post Gartner Hype Cycle for Retail Technologies 2018 appeared first on Retalon. In this report: Analysis. What You Need to Know. The Hype Cycle. The Priority Matrix. Off the Hype Cycle. On the Rise. Contextualized Real-Time Pricing.

Markdowns 32

Markdowns Inventory Management Promotions Planning 32

Wiser

MAY 20, 2020

It’s a complex decision that involves customer behavior, marketing, supply chain and inventory management, and other functional areas. Everyday low pricing is a pricing strategy in which brands and retailers promise consumers that their prices will be consistently low, as opposed to having sporadic discounts or promotions.

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Markdowns Promotions Inventory Management Consumer 148

Indigo 9 Digital

FEBRUARY 28, 2023

Source: Bloomberg "[Forever 21] has lost much of the excitement and oomph which is critical to driving footfall and sales and is now something of an also-ran which is too easily overlooked," said Neil Saunders, the managing director of GlobalData Retail. By 2018 Forever 21’s online sales were only 16% of total sales.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

Retalon

FEBRUARY 13, 2018

Business Intelligence (BI) and traditional forecasting methodology can provide visibility into a retailer’s past sales, promotions, stock levels, and more. 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.

Markdowns 32

Markdowns Inventory Management Promotions Accounting 32

Retalon

SEPTEMBER 13, 2015

For example, one retailer might want to manage their inventory better, so they would use KPIs like inventory to sales ratios or inventory integrity. This dramatically increases revenue from transfers, lowers inventory costs and increases sales while helping you avoid unnecessary markdowns and subsequent allocations. Promotion Lift.

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Markdowns Promotions Customer Experience Fulfillment 32