Remove Apparel Remove Fulfillment Remove Inventory Management Remove Shrinkage
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Key Takeaways from the Wiser Industry Leaders Brand Panel: Challenges and Adaptations

Wiser

Retail staff are grappling with managing various store sections and transitioning to fulfilling online orders, resulting in reduced in-store efficiency. The scarcity of labor is exacerbating shrinkage issues, with reduced in-store supervision affecting loss prevention efforts and hampering efficient inventory management practices.

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Avoiding Stockouts: 5 Preventable Causes of Out-of-Stocks and What to Do About Them

Retail Times

Such solutions are also beneficial if you have several locations because they allow you to manage multiple stores from one place. Not ready for a full retail management solution? Consider creating an inventory management system in Excel. Integrate your platforms. Further Reading. Learn More. Conduct regular stock counts.