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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. . billion of inventory in October, a 21% increase from last year, according to the U.S. “Seemingly overnight, shortages are flipping to inventory surpluses in certain categories.

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BJ’s Wholesale Club to Power Up Shelf-Scanning Robots at All Locations

Retail TouchPoints

BJ’s Wholesale Club has entered a partnership with Simbe to roll out the solution provider’s automated business intelligence robot, Tally, to all 237 stores. The retailer plans to utilize the AI-powered solution to provide greater visibility into club conditions and drive deeper business insights.

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Do You Have What It Takes to go from Wholesale to DTC?

Retail TouchPoints

If you’re a wholesale retailer or brand owner and you haven’t already launched a direct-to-consumer sales channel, you’d better be thinking about it. The global pandemic not only accelerated the growth in ecommerce, it highlighted the shortcomings of wholesale-only sales channels. to visit your website. Building a Tech Stack.

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Navigating ERP Software for Wholesale Distribution: Benefits, Challenges, and Implementation Tips

RETAIL MANAGEMENT SOFTWARE

It has become an essential tool for managing complex business processes, especially in the wholesale distribution industry. In this article, we will explore the benefits and challenges of implementing ERP software in wholesale distribution and provide helpful tips for a successful implementation.

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The Power of Net Terms: How to Fuel Expansion for Growing Wholesale Retailers

Retail Bound

In the competitive world of wholesale retail, sustaining growth and optimizing financial performance are paramount objectives for established retailers. In this comprehensive guide, we’ll explore the strategic utilization of net terms to drive expansion and bolster revenue growth for wholesale retailers.

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Dropshipping: Fashion’s favourite fulfilment method?

Inside Retail

During Covid, retailers and brands placed more inventory online. Now, we’re moving further up the supply chain, with manufacturers and suppliers doing the same, shunning wholesale distribution in favour of a different model. Suppliers can earn more with a concession or marketplace model as opposed to wholesale.

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Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks

Retail TouchPoints

The Evolving Threat Landscape Retailers increasingly rely on digital platforms for sales, inventory management and customer engagement. She has worked with several global companies focusing on risk management strategy. Mattle is Retail and Distribution Leader – North America and Global Client Advocate at WTW.