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

Inside Retail

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. Additionally, the fashion industry often encounters supply chain challenges such as inventory management and high return rates.

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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. These items need to be replaced and either returned to the vendor or donated. It is essential to keep non-sellable products separated from your regular inventory.

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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. .

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Boost Sales & Loyalty: Mastering Retail Analytics Insights [2024]

Retalon

Analytics-driven pricing models account for factors like consumer demand elasticity, competitor pricing strategies, and cost variations – ensuring prices are always optimized for both sales volume and profit margins. Real-time monitoring allows businesses to stay agile—adjusting strategies as market dynamics shift.