Retail Smart Guys

MARCH 15, 2023

It is not enough to keep filling up your stores, as it can only result in heavy markdowns, slow inventory turnover, higher operating costs, and disruptions to cash flow. 4 Monitor your operating expenses You can have a strong marketing strategy, yet this will be ineffective if your operating expenses are above the roof.

Markdowns 52

Markdowns Inventory Turnover Operating Expenses Planning 52

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

Retalon

FEBRUARY 15, 2022

Challenges in Demand Forecasting Leading to Lost Market Share. Retailers who rely on approximated demand disappoint customers, bleed profits, and lose market share to more tuned-in competitors. What’s more, you’re able to buy enough inventory to meet demand without being left with overstock. Inventory/supply chain.

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