Retalon

AUGUST 22, 2023

One of the key inventory metrics retailers track is inventory turnover. Inventory turnover measures how many times a company sells and replaces its inventory during a period. It indicates how efficiently inventory is managed and whether excess inventory is tying up too much capital.

Inventory Turnover 41

Inventory Turnover Specialty Retailers Apparel Inventory Management 41

Inside Retail

FEBRUARY 26, 2024

Set benchmarks for inventory management, including the rate of inventory turnover and tracking and fill rate. Consider investing in technology that enables unified commerce across multiple channels, and caters to consumer preferences regarding shopping location, time and method.

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

Inside Retail

JUNE 28, 2022

The 684.6sqm retail space is located in Setia City Mall, one of the largest shopping complexes in Shah Alam. Store managers can then replenish the inventory with tailored options to achieve rapid inventory turnover, thus reducing inventory costs. Miniso 3.0, Expansion plans. An eclectic design team.

Inventory Turnover 130

Inventory Turnover Clienteling Social Commerce Consumer 130

Retalon

FEBRUARY 10, 2022

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. What is bad inventory called? What is bad inventory called day-to-day? Indicators you’re managing bad inventory. Drastic Markdowns.

Inventory Turnover 41

Inventory Turnover Management Inventory Management Dead-Stock 41

RETAIL MANAGEMENT SOFTWARE

MARCH 11, 2022

Tracking your inventory will provide you with the data necessary for these insights. Use and analyze the past seasonal orders to determine how to price products- By using the data, look at previous seasons to guide your pricing decisions. Plan before buying your inventory- Use your data to determine what you should order.

Inventory Management 92

Inventory Management Management Inventory Turnover Drop-Shipping 92

Retalon

FEBRUARY 15, 2022

What’s more, you’re able to buy enough inventory to meet demand without being left with overstock. Inventory/supply chain. Demand forecasting at store/SKU levels leads to better allocation of inventory across the entire business from the start. Let’s take a look at what those are. Customer experience.

Markdowns 41

Markdowns Inventory Turnover Fulfillment Accounting 41

Retalon

AUGUST 14, 2023

Key capabilities include: Demand forecasting and modeling Recommendations for optimal stock levels Alerts for low stocks or slow-moving items Historical sales analysis Supply chain performance analytics In essence, the software acts like a command center for your inventory.

Inventory Management 41

Inventory Management Management Dead-Stock Inventory Turnover 41