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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

“As a global lifestyle retailer, approximately 70 to 80 percent of our product portfolio is similar across the world, while the remaining 20 to 30 percent are unique products that have been designed and chosen according to trends and consumer demands from different local markets,” Huang explained. The marketplace. Backend intelligence.

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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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How to Revolutionize Inventory Management

Independent Retailer

Next-generation analytical and planning tools interpret vast volumes of data so that retailers can predict and react to disruptions before they affect inventory levels. According to the Adobe Digital Economy Index , consumers now spend an average of $6.7 by Paula Biste. billion online each month on groceries, up from $3.1

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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. These mistakes can lead to dissatisfied customers and expensive returns, making it critical to have streamlined and efficient processes.

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How the Supply Chain Disruption Is Sparking Holiday Risk & Resilience

Rangeme

While retailers and consumer packaged goods (CPG) suppliers have had to grapple with COVID-19 and digital transformation, now they must also manage reduced capacity along the global supply chain, hampering holiday sales success. Study: 98% of retail execs report supply chain issues ahead of holidays. Retail Dive. October 29, 2021.