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How global beauty brands will benefit from JD.com’s latest logistics move

Inside Retail

Evri’s partners will gain valuable insights into the Chinese market, including consumer behaviour, marketing and pricing strategies, product selection advice, and online operational strategies tailored to the unique demands of the Chinese market.

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Miniso’s “good quality with low price” mantra takes off in Southeast Asia

Inside Retail

The 684.6sqm retail space is located in Setia City Mall, one of the largest shopping complexes in Shah Alam. He also noted that consumers in Malaysia as well as the greater Southeast Asian region, are heavily influenced by Japanese and Korean pop culture and appreciate products that embody this aesthetic. Miniso 3.0, The marketplace.

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

Retalon

You may be dealing with a bad inventory if you are continuously having one or more of the following issues: 1. A low rate of inventory turnover. Low demand inventory builds up resulting in overstocks. No room for in-demand inventory . Stagnant inventory is occupying shelf space, in-place of high demand products. .

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4 Top Inventory Management Techniques and Best Practices

RETAIL MANAGEMENT SOFTWARE

These items need to be replaced and either returned to the vendor or donated. It is essential to keep non-sellable products separated from your regular inventory. Monitor important metrics : Keep track of inventory costs, turn rate, and sell-through rates to know how your inventory performs and make appropriate changes.

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Five Best Practices In Retail Inventory Management

Retail Minded

Retailers know that inventory management is time-consuming and can pose difficulties. Thanks to technology-enabled best practices, managing inventory is easier than ever. Using scanners, such as RFID scanners from Lowry , is an excellent tool for improving inventory count accuracy.

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12 Critical Retail Industry Performance Metrics (2020)

Retalon

Navigating changing consumer tastes and the evolving technology landscape has always made retail a challenging industry. 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.

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Understanding Furniture Inventory Management Software in 2023

Retalon

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.