Remove Fulfillment Remove Inventory Management Remove Returns Remove Shrinkage
article thumbnail

What Is Phantom Inventory? Here’s How to Spot It

Wiser

Phantom inventory is particularly challenging because your inventory management system says the products are in-stock, but the shelves are empty. There are several potential causes of phantom inventory, including: . How Phantom Inventory Hurts Retailers . You can’t fix what you don’t know is even a problem.

Shrinkage 100
article thumbnail

Inventory management for efficiency and experience

I Vend

This lack of inventory costs retailers an estimated up to 8% of revenue in lost sales. iVend Retail Inventory Management Inventory management drives store efficiency and customer experience. Read about iVend’s smart retail technology for inventory management.

article thumbnail

Avoiding Stockouts: 5 Preventable Causes of Out-of-Stocks and What to Do About Them

Retail Times

It’s very easy to run into inaccuracies when dealing with inventory. Between shipment variances, misplaced products, returns, and stolen goods, retailers find that the inventory numbers they have on paper (or on screen) often don’t match what they have in their stores. Not ready for a full retail management solution?