article thumbnail

How Retailers Overcome Challenges of Seasonal Demand

365 Retail

Adjustments must often be made to account for factors like weather and global events. Optimising Inventory Levels Careful inventory management is vital during peak seasons. The combination of AI and POS systems is becoming popular, as it can provide actionable stock management data.

article thumbnail

Best Online Fashion Marketplaces: 10 Giants with Utmost Features

I Love Fashion

Farfetch 368,000 Farfetch charges a 25%-33% commission fee per sale for its boutique customers. For example, inventory management, payment systems, shipping methods, cross-channel marketing, mobile apps, and many more. Check out this article on creating an Amazon seller account in detail.

Fashion 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is unified commerce the new holy grail?

Inside Retail

Unified commerce is the new holy grail for retailers, promising previously unheard-of levels of customer insights and control over all elements of sales and inventory management. Smarter inventory management enabled by unified commerce allows stores to resell the item or return it to the warehouse.

Checkout 246
article thumbnail

Run an effective stock count strategy (plus, a schedule to stick to)

Clover - Retail

Inventory counting is one of the best ways to reduce stockouts, hold your staff accountable, and keep accurate bookkeeping. The process consists of physically counting and recording the quantity of products or materials held in your inventory. Then, any discrepancies are updated in your inventory management software at once.