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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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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. Fulfillment and Returns.

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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. The model gives suppliers more control over pricing and promotion.

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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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Four Ways Retailers can Leverage Generative AI to Transform their Business Today

Retail TouchPoints

With AI, retailers can easily generate full-sentence product descriptions when they are creating items in their inventory. A fashion retailer, for example, will want to quickly list its new season’s assortment on its digital channels in order to market and promote these products to customers.

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You Can’t Spell Retail Without AI

Retail TouchPoints

Online retailers are using AI to create intent-based promotions. AI has a lot to offer grocery stores, especially in inventory management. For the remaining 85%-95% of their merchandise, they rely on rule-based tools that look at the wholesale price, factor in some expenses and add profit margin to arrive at the price.

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A Beginner’s Guide to Selling on Amazon

Independent Retailer

Search for the products on social media platforms , as well, so you can see if any influencers are promoting them or similar items and get a taste of just how popular the merchandise is. . A great place to start is through www.WholesaleCentral.com , where you can conduct product searches and see how much wholesale suppliers are charging. .