article thumbnail

How global beauty brands will benefit from JD.com’s latest logistics move

Inside Retail

Xue stated that JD Logistics already operates several self-operated warehouses across key European locations, including the UK, France, Germany and more. For example, in 2023, beauty and skincare products from France accounted for 58 per cent of all French goods ordered on JD’s cross-border e-commerce platform,” he pointed out.

article thumbnail

4 Top Inventory Management Techniques and Best Practices

RETAIL MANAGEMENT SOFTWARE

Account for items you can’t sell – If you cannot sell an item due to damage, make sure it is classified as non-sellable. Monitor important metrics : Keep track of inventory costs, turn rate, and sell-through rates to know how your inventory performs and make appropriate changes.

Insiders

Sign Up for our Newsletter

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

article thumbnail

7 Indicators You’re Managing Bad Inventory (and How to Fix It)

Retalon

You may be dealing with a bad inventory if you are continuously having one or more of the following issues: 1. A low rate of inventory turnover. Low demand inventory builds up resulting in overstocks. No room for in-demand inventory . Stagnant inventory is occupying shelf space, in-place of high demand products. .

article thumbnail

Top 3 Challenges in Demand Forecasting, and How Analytics Solves Them (2022)

Retalon

When Inventory is proactively allocated among locations to meet demand, customers are not repeatedly met with empty shelves pushing them to other retailers. Consider just a few things that change from year to year: Changes in product mix Channels and locations open, close, or move. Increased inventory turnover.