Retail Smart Guys

SEPTEMBER 12, 2023

When it comes to inventory management, it’s easy to get lost in spreadsheets, logistics, and technology. People skills in inventory management play a pivotal role in ensuring the efficient flow of goods, maintaining team morale, and fostering strong customer relationships.

Inventory Management 105

Inventory Management Management Markdowns Customer Retention 105

V Count

OCTOBER 5, 2022

You may want to sell more of these items or promote them more prominently in your store. When possible, avoid markdowns because they are good for decreasing profits. Initially, work on a better inventory management system. Focus on customer retention rather than acquisition. How do you accomplish that?

Customer Retention 52

Customer Retention Markdowns Bundled Pricing Net Profit 52

Retalon

AUGUST 5, 2020

How effective are their promotional campaigns? Inventory Turnover Ratio 3. Promotions Uplift Retail KPIs that Answer Questions About Customer Behavior 8. Customer Lifetime Value Which Retail Industry KPI is the Most Important? Inventory Turnover Ratio. In-Stock Percentage 2. Sales Per Square Foot 6.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41