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Dropshipping: What it is & why it might be smart for your small business

Clover - Retail

Dropshipping is a type of supply chain management in which a retailer does NOT keep the product it sells in stock. Instead, when a customer orders the product, the retailer contacts their manufacturer or wholesale merchant–who keeps inventory of the product on-hand–and has the product shipped directly to the customer.

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Cross-Channel Home Décor Retailing: 5 Take Away Lessons from The Game Changers

RETAIL MANAGEMENT SOFTWARE

While brick and mortar stores still play a strategic role in this market vertical, online shopping has skyrocketed, and with $294 billion expected in online home furnishing sales by 2022, retail store owners can no longer afford to miss out on the opportunity to ramp up their cross-channel game plans. What is cross-channel retailing?

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How Retailers Overcome Challenges of Seasonal Demand

365 Retail

Yet potentially it can be a very rewarding period for sales if forecast and managed correctly. There are clear instances when certain products become hot commodities with surging sales while others drop into relative obscurity. Optimising Inventory Levels Careful inventory management is vital during peak seasons.