Inside Retail

FEBRUARY 26, 2024

There are several economic factors playing havoc with consumers and business operations that are likely to persist into 2024. Consumer sentiment remains low as households stagger under higher costs of living and interest rates. This instability, together with increased gas and energy prices, has affected shipping costs.

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

Retail Minded

MAY 3, 2023

Retailers know that inventory management is time-consuming and can pose difficulties. Thanks to technology-enabled best practices, managing inventory is easier than ever. These scanners use radio waves to read electronic tags on products, allowing quick and accurate inventory location and quantity identification.

Inventory Management 52

Inventory Management Management Fulfillment Inventory Turnover 52

RETAIL MANAGEMENT SOFTWARE

MARCH 11, 2022

Offering discounts and promotions are effective methods for moving stagnant inventory through the purchase cycle. Utilize drop shipments to avoid excess inventory on hand – Drop-shipping products allow you transfer customer orders directly to the manufacturer.

Inventory Management 92

Inventory Management Management Inventory Turnover Drop-Shipping 92

Retalon

FEBRUARY 15, 2022

When Inventory is proactively allocated among locations to meet demand, customers are not repeatedly met with empty shelves pushing them to other retailers. Order fulfillment becomes more efficient; meeting consumer expectations by enabling lower shipping costs, faster fulfillment, and a greater variety of fulfillment options.

Markdowns 41

Markdowns Inventory Turnover Fulfillment Accounting 41