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

FEBRUARY 24, 2022

Open to buy (OTB) planning lets you control inventory and stay cash flow positive. Other benefits of OTB management include: More flexible inventory. Fewer markdowns. Essentially, OTB is a purchasing plan which takes into account current inventory levels and projected sales for a set time period. Optimal stock levels.

Markdowns 41

Markdowns Inventory Turnover Accounting Planning 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

AUGUST 5, 2020

How effective are their promotional campaigns? Is the right product getting to the right place at the right time? Jump Ahead Most Important KPIs for the Retail Industry in 2020 Examples of Retail KPIs that Maximize Inventory ROI 1. Inventory Turnover Ratio 3. Inventory Turnover Ratio. Foot Traffic 9.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41