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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. Web Design & Development.

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Choosing a Distribution Model: Drop Shipping vs Traditional Inventory

Retail Bound

Traditional Inventory: Beyond the Basics Operational Dynamics: Retailers purchase products in bulk, store them, and then ship them out as orders come in. Strategic Considerations: Inventory management becomes paramount. For example, a customer may order three products that come from three different wholesalers.

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Meet Nakedvice, the brand founded by best friends in the Sportsgirl stockroom

Inside Retail

Both Miller and Gargan worked at Tiger Mist, another Australian fashion brand, before Miller moved on to work at Sass & Bide and Gargan went into product development at S&R Fashions, a design, development and supplier of women’s fashion garments to retailers and branded wholesalers.

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

Retail TouchPoints

Instead of waiting on a retail worker to write ideal search engine-optimized titles and features of the item by hand, AI-assisted titles and descriptions would save an enormous amount of time and effort — enabling businesses to start selling as soon as they have available inventory. Creating a seamless inventory management journey.

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You Can’t Spell Retail Without AI

Retail TouchPoints

When connected to a payment device such as a credit card, this can enable consumers to load merchandise directly into shopping bags in their cart, and bring it out to their car without waiting in line. AI has a lot to offer grocery stores, especially in inventory management. Practical Benefits of AI in Grocery.

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How Data and Tech Power Jewelry Brand Pandora’s Mission to ‘Give a Voice to People’s Loves’

Retail TouchPoints

As an organization, we’ve grown through the wholesale side,” said Van Dijk. Now we have a lot more owned-and-operated stores, and when you build a system to target mostly wholesale, that’s a whole different level of transactions than if you have your own stores.

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