Accounting Inventory Management Markdowns Shipping 
RETAIL MANAGEMENT SOFTWARE
MARCH 11, 2022
Do you know how to manage your inventory as effectively as possible? What are the inventory management best practices? If you can’t answer these questions, it’s time to reconsider how you manage your inventory. Do you have enough stock on hand?
Retalon
FEBRUARY 25, 2022
Whether losing sales to out-of-stocks, or facing overstocking costs and markdowns, inefficient stock replenishment has a huge impact on a retailer’s GMROI. Stock replenishment is the process of ordering and allocating inventory to replace missing products on store shelves. Inventory Management Software.
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Retalon
OCTOBER 8, 2020
More expensive than real estate, merchandising, or even labor — inventory is the largest investment your company makes. But getting the biggest return on that investment, especially in today’s tough retail environment, requires a more nuanced, data-driven approach to inventory management than most retailers are used to.
Retalon
APRIL 21, 2021
Maintaining margins within business constraints while efficiently providing order fulfillment to customers is a tall order, especially considering each customer purchase requires a real-time fulfillment decision within a shifting context of inventory, demand, returns, delivery times, and shipping costs.
Retalon
SEPTEMBER 22, 2021
Instead of only shipping to customers’ homes, retailers let online customers shop from their local and online store’s inventory and pick up their orders from their closest brick-and-mortar location the same day. Customers can reserve an item from an online inventory. Another major draw for customers is avoiding shipping costs.
Retalon
DECEMBER 8, 2021
Is inventory coming directly from the vendor and therefore needs to be dropshipped? Some factors affecting this decision include the proximity of the storage location to the customer, inventory availability, and the labour involved. Methods are established to transfer inventory from storage to customer. Order Processing.
Retalon
APRIL 27, 2021
However, traditional spreadsheet analytics cannot account for store-by-store variations in the promotion’s effectiveness or secondary effects such as demand cannibalization. to optimize inventory for gross margins. In effect, this means a reduction of total inventories, maximized sales, and reduced markdowns.
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