Remove Dead-Stock Remove Markdowns Remove Marketing Remove Planning
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7 Indicators You’re Managing Bad Inventory (and How to Fix It)

Retalon

You’ve heard it referred to as, overstocks, write-offs, dead-stock, excess, spoiled, expired, and unsold. Drastic Markdowns. Last minute markdowns that offload stock at a loss. There is constant manual intervention, this may be transferring inventory between stores or ordering new stock.

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Content Amplification Engine Findmine CEO speaks frankly about Personalization, Marketing and how to amp up sales across the entire assortment.

The Retail Creative and Consulting Agency

And then you’re like, okay, marketing, let’s get, you know, a hundred thousand different messages out to these people. And marketing’s like, no, no. So that then you get a one-to-one story that’s possible without running your marketing team into the ground. Bacharach: Yeah, exactly. It’s so much effort.

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5 Highly Effective Retail Markdown Strategies that Work in 2021

Retalon

What is a retail markdown strategy? A retail markdown strategy is a plan that describes when and how certain products should go on markdown. Having a markdown strategy is important because, all too often, markdowns are a kneejerk reaction to end-of-life inventories. ” What are markdowns in retail?

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4 Critical Steps for Optimizing Omnichannel Order Fulfillment in 2021

Retalon

This includes everything from storing inventory, processing orders, picking stock, shipping packages, and delivering orders to the end consumer. And yet, failing to live up to consumer expectations can be just as deadly — especially when retail behemoths like Amazon are gobbling up market share.

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How Predictive Analytics Are Transforming Omni-Channel Retail

Retalon

The marketing and loyalty department provide consumer/promotion data, the POS system provides sales/returns data. How much extra inventory should be ordered for planned promotions? What is the optimal pricing/markdown strategy to sell off inventory by end of season while a staying away from lost sales, and dead inventory?

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How Predictive Analytics Are Transforming Omni-Channel Retail

Retalon

The marketing and loyalty department provide consumer/promotion data, the POS system provides sales/returns data. How much extra inventory should be ordered for planned promotions? What is the optimal pricing/markdown strategy to sell off inventory by end of season while a staying away from lost sales, and dead inventory?

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Sustainable Supply Chains in 2022 (and Beyond)

Retalon

This was possible because: Talented labor in other countries was cheaper than domestic workers Overseas factories began producing high-quality products at lower prices Consumers wanted goods to be equally attainable for all financial classes Increased margins allowed retailers to stock more inventory and carry larger assortments.