Accounting Drop-Shipping Inventory Turnover Promotions 
RETAIL MANAGEMENT SOFTWARE
MARCH 11, 2022
Account for items you can’t sell – If you cannot sell an item due to damage, make sure it is classified as non-sellable. Offering discounts and promotions are effective methods for moving stagnant inventory through the purchase cycle. These items need to be replaced and either returned to the vendor or donated.
Retalon
FEBRUARY 15, 2022
Price elasticity of demand, meaning the effect that a set price will have on demand, is an important consideration when setting prices, running promotions, or markdowns. When Inventory is proactively allocated among locations to meet demand, customers are not repeatedly met with empty shelves pushing them to other retailers.
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