Remove 2020 Remove Accounting Remove Dead-Stock Remove Markdowns
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4 Critical Steps for Optimizing Omnichannel Order Fulfillment in 2021

Retalon

This includes everything from storing inventory, processing orders, picking stock, shipping packages, and delivering orders to the end consumer. Firstly, a BOPIS model simply pushes the optimization burden to the individual stores — as consumers tend to check individual store stock before ordering.

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The Future of Retail in the New Era of Risk

Retail Prophet

Most companies today, according to Thorbeck, are accounting only for the front-end advantage that low cost might afford them. The result is slow turns, deep markdowns, write-offs, and heaps of dead stock in warehouses, much of which eventually becomes landfill. Risks, he says, that make businesses far less competitive.