Remove Customer Experience Remove Markdowns Remove Promotions Remove Wholesale
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7 Tips for Wholesale Inventory Management

Independent Retailer

Wholesale inventory bloat, combined with a softening demand in the economy, is taking its toll on cash flow and earnings at retailers. . ” Here are 7 tips for retailers on how to better manage their wholesale inventory and get rid of some of that product bloat: Return for a Refund or Credit. Retailers were sitting on $739.5

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How Smaller Assortments, Lower Inventory Levels Can Maximize Post-COVID Success

Retail TouchPoints

By creating narrower product assortments and limiting inventory levels — especially for product shipments headed to brick-and-mortar stores —merchants would gain the ability to react more quickly to changing consumer trends, and even potentially reduce their need for markdowns.

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Open to Buy Retail Planning Done Right

Retalon

Consider whether the budget is for the entire company or specific segments, such as the e-commerce division or the wholesale part of the business. Anticipate the activities for the sales period: If you are aware of upcoming promotional activities, you’ll need to adjust to reflect demand accordingly. Set your budget review interval.

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Open to Buy Retail Planning Done Right

Retalon

Consider whether the budget is for the entire company or specific segments, such as the e-commerce division or the wholesale part of the business. Anticipate the activities for the sales period: If you are aware of upcoming promotional activities, you’ll need to adjust to reflect demand accordingly. Set your budget review interval.