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. Continue to review minimum stock limits and develop contingency plans should supply issues emerge. Pricing and promotional strategies will be vital as consumers are more cost-conscious.

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. However, Huang is coy to reveal details around its expansion strategy, simply saying: “I can share that we do have plans for Peninsular Malaysia.”. Expansion plans. Miniso 3.0, Backend intelligence.

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

The forecast of future sales demand informs almost all of the decisions a retailer makes throughout the product journey: Planning. What’s more, you’re able to buy enough inventory to meet demand without being left with overstock. Inventory/supply chain. Let’s take a look at what those are. Customer experience.

Markdowns 41

Markdowns Inventory Turnover Fulfillment Accounting 41

Retalon

AUGUST 5, 2020

Is the right product getting to the right place at the right time? But of the myriad options, what are the KPIs in retail that will truly drive profitability and make the best use of a retailer’s substantial inventory investment? Inventory Turnover Ratio 3. Inventory Turnover Ratio. Inventory Turnover Ratio.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41