Remove ATS Remove Dead-Stock Remove Management Remove Markdowns
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How Improving Markdowns Will Impact Your Most Important Supply Chain KPIs

Retail TouchPoints

Managing retail supply chains is complicated, heads-down work. So why should these teams expand their focus to consider markdown planning in addition to their already full slate of targets? Because better markdowns have the potential to significantly improve the traditional KPIs that supply chain teams are evaluated on.

Markdowns 211
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7 Indicators You’re Managing Bad Inventory (and How to Fix It)

Retalon

Managing inventory becomes exponentially more complicated as a retailer grows; and often becomes an overwhelming challenge. So, a retailer who wants to gain the competitive edge while avoiding undue losses, needs to be able to spot the indicators of bad inventory and know how to fix them at the root. Drastic Markdowns.

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4 Critical Steps for Optimizing Omnichannel Order Fulfillment in 2021

Retalon

At its most basic, order fulfillment is the combination of steps required to get products into the hands of customers. This includes everything from storing inventory, processing orders, picking stock, shipping packages, and delivering orders to the end consumer. Will you deny returns at a store level? Emphasizing BOPIS.

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5 Highly Effective Retail Markdown Strategies that Work in 2021

Retalon

What is a retail markdown strategy? A retail markdown strategy is a plan that describes when and how certain products should go on markdown. Having a markdown strategy is important because, all too often, markdowns are a kneejerk reaction to end-of-life inventories. ” What are markdowns in retail?

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How Predictive Analytics Are Transforming Omni-Channel Retail

Retalon

There are several important trends at play: 1. The right product, at the right place, at the right time for the right price. What is the optimal pricing/markdown strategy to sell off inventory by end of season while a staying away from lost sales, and dead inventory? How can the refine forecast accuracy?

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How Predictive Analytics Are Transforming Omni-Channel Retail

Retalon

There are several important trends at play: 1. The right product, at the right place, at the right time for the right price. What is the optimal pricing/markdown strategy to sell off inventory by end of season while a staying away from lost sales, and dead inventory? How can the refine forecast accuracy?

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Sustainable Supply Chains in 2022 (and Beyond)

Retalon

To better understand why sustainable supply chains are so important, let’s take a quick look at how the retail and CPG industries have shifted in the past 2 decades. If they overstocked every SKU at every distribution center, they would simply go out of business. The globalization gravy train has stopped. More on that later.