Retalon

FEBRUARY 13, 2018

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 connecting marketing with merchandising). Key Takeaways.

Markdowns 32

Markdowns Inventory Management Promotions Accounting 32

Retalon

FEBRUARY 13, 2018

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 connecting marketing with merchandising). Key Takeaways.

Markdowns 32

Markdowns Inventory Management Promotions Accounting 32

Retalon

FEBRUARY 13, 2018

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 connecting marketing with merchandising). Key Takeaways.

Markdowns 32

Markdowns Inventory Management Promotions Accounting 32

Retalon

APRIL 27, 2021

Traditionally, retailers have treated forecasting, planning, pricing, inventory, and promotions (marketing) as completely separate domains, often with competing mandates. Promotions can increase foot traffic and sales of market basket items, while simultaneously cannibalizing sales from a variety of other SKUs.

Fulfillment 41

Fulfillment Markdowns Promotions Returns 41

Retalon

SEPTEMBER 1, 2020

Co-marketing funds you receive require investments in store merchandising and promotional campaigns. Without a solid demand forecast, you risk misallocating inventory and missing your revenue targets while watching turns collapse. Fixing the problem through stock rebalancing or price markdowns will be expensive.

Promotions 41

Promotions Markdowns Inventory Management Accounting 41

Retalon

APRIL 21, 2021

And yet, failing to live up to consumer expectations can be just as deadly — especially when retail behemoths like Amazon are gobbling up market share. How do you account for returns to a drop shipping vendor? What if inventory issues turn your customers off from using BOPIS? Minimize and optimize omnichannel returns.

Fulfillment 41

Fulfillment Drop-Shipping Shipping Returns 41

Retalon

JANUARY 20, 2014

Retalon has helped businesses plan their operations, optimize prices and markdowns, and ensure efficiency in supply chain and inventory management processes. Incorporated in 2002, Retalon’s main goal is to bring accuracy for retail businesses by predicting future market conditions. About Retalon.

Markdowns 32

Markdowns Inventory Management Accounting Promotions 32

Retalon

NOVEMBER 19, 2018

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?

Markdowns 32

Markdowns Fashion Inventory Management Accounting 32

Retalon

NOVEMBER 19, 2018

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?

Markdowns 32

Markdowns Fashion Inventory Management Accounting 32

Retalon

SEPTEMBER 22, 2021

Proving that choosing to implement BOPIS tangibly affects the market share a retailer has access to. Once a customer comes into the store to pick up their order they are probably going to be looking around at the inventory on the shelves. Better inventory management and visibility. Fuller baskets. Secure order pickup.

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41

Retalon

AUGUST 2, 2019

Businesses collect more data than ever before and from every aspect of the supply and demand chain—logistics; vendor compliancy/lead times; POS data; inventory levels; traffic cameras; prices; markdowns; consumer behavior; demand forecasts; and more. Merchants and inventory managers attended more co-planning meetings.

Merchant Services 39

Merchant Services Fulfillment Accounting Markdowns 39

Retalon

AUGUST 2, 2019

Inventory levels (store, warehouse, distribution centers). Prices (markdowns, promotions, competitor prices, etc.). Because retailers can’t afford to lose money because inventory purchases didn’t account for future promotions, business leaders imposed processes to keep everyone on the same page. Demand forecasts.

Merchant Services 32

Merchant Services Fulfillment Accounting Markdowns 32

Retalon

SEPTEMBER 23, 2020

Unfortunately, retail businesses are very complex, and there are too many correlations between factors (demand, price, inventory, product assortment, competitors, consumer behavior, etc.) for any human to account for all of them manually. Promotions and inventory management). Unified Advanced Retail Analytics.

Accounting 47

Accounting Markdowns Management Inventory Management 47

Retalon

DECEMBER 8, 2021

In today’s market, putting the right fulfillment system in place gets you a competitive edge. Changes in geodemographics, seasonality, pricing, new inventory, and cannibalization are only a few of the factors influencing product demand. An accurate forecast must account for how relevant factors will affect each SKU at the store level.

Merchant Services 41

Merchant Services Fulfillment Drop-Shipping Shipping 41

M19 Retail

MARCH 17, 2021

Mi9 Retail continues to make significant product investments in its flagship Merchandise Management platform to help its loyal customer base adapt to changing trends and strengthen their unified commerce strategies. Mi9 Retail Launches New In-Store Mobile App to Help Retailers Improve Inventory Management. About Mi9 Retail.

Inventory Management 40

Inventory Management Management Markdowns Planning 40

Retalon

AUGUST 16, 2019

So, how can you juggle concerns like forecasting, inventory management, distribution, fulfillment, and more against the growing demand for personalization, all while continuing to create the consistent experience customers expect ? This is the level of exclusivity their customers expect and prefer.

Fulfillment 32

Fulfillment Customer Experience Markdowns Consumer 32

Retalon

AUGUST 16, 2019

How can you juggle concerns like forecasting, inventory management, distribution, fulfillment, and more against the growing demand for personalization, all while continuing to create the consistent experience customers expect? This is the level of exclusivity their customers expect and prefer.

Customer Experience 32

Customer Experience Fulfillment Markdowns Consumer 32

Retalon

DECEMBER 22, 2014

The marketing and loyalty department provide consumer/promotion data, the POS system provides sales/returns data. The DCs and logistics functions provide inventory/supply chain data, as well as the procurement/purchasing department, e-commerce, and more. How much extra inventory should be ordered for planned promotions?

Dead-Stock 32

Dead-Stock Promotions Fulfillment Markdowns 32

Retalon

DECEMBER 22, 2014

The marketing and loyalty department provide consumer/promotion data, the POS system provides sales/returns data. The DCs and logistics functions provide inventory/supply chain data, as well as the procurement/purchasing department, e-commerce, and more. How much extra inventory should be ordered for planned promotions?

Dead-Stock 32

Dead-Stock Promotions Fulfillment Markdowns 32

Retalon

JULY 4, 2018

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 more detail on how Retalon’s Inter-store inventory & assortment balancing process works.

Promotions 32

Promotions Fulfillment Shipping Markdowns 32

Retalon

SEPTEMBER 11, 2020

Often resulting in inventory distortion that lead to lost sales and costly markdowns. For instance, many retailers run promotions while lacking integration between promotion and inventory management processes. These retailers are therefore unable to account the demand uplift resulting from the promotion.

Fashion 41

Fashion Markdowns Promotions Accounting 41

M19 Retail

APRIL 14, 2021

The multiplication of choices induced by this model translates into a drop in productivity of the physical store space and an increase in markdowns at the end of the season to sell unsold products. E-commerce pure players can offer hundreds of products in a single product category.

Point of Sale 52

Point of Sale Management Markdowns Accounting 52

Retalon

JUNE 18, 2019

The math needed to account for these effects is hard enough. Winning market share will impact short-term profits, but these promotions help position a new retailer for sustainable sales in the long term. Keep in mind that promotions are not the same part of a product’s pricing lifecycle as Markdowns.

Promotions 32

Promotions Markdowns Inventory Management Payment Services 32

Retalon

JUNE 18, 2019

The math needed to account for these effects is hard enough. Winning market share will impact short-term profits, but these promotions help position a new retailer for sustainable sales in the long term. Keep in mind that promotions are not the same part of a product’s pricing lifecycle as Markdowns.

Promotions 32

Promotions Markdowns Payment Services Inventory Management 32

Retail Prophet

JULY 18, 2022

While cotton could indeed be sourced elsewhere, the US had several distinct market advantages. If anything, it was the use of slave labor that made it simply impossible to compete with the United States with on the global cotton market. Thus preventing the US from ever again recapturing such outsized share of the global cotton market.

Dead-Stock 59

Dead-Stock Shipping Merchant Services Markdowns 59

Retalon

OCTOBER 18, 2013

Other directions that I should mention here is retailers are trying to establish relations between inventory levels and other drivers such as prices and promotions. So how can we account for all these factors? When you change the promotion, the system should know about your inventory level. Bob Johns: Interesting.

Markdowns 32

Markdowns Promotions Planning Accounting 32