Fashion Retail

OCTOBER 17, 2021

In other words, no footfall, no conversion, no inventory turnover, frozen cash flows, no business. In a business like fashion, it also means that you are increasing inventories and reducing the probabilities of selling it … More Fashion Goes Tech: Digitalization in retail (1).

Inventory Turnover 98

Inventory Turnover Fashion 98

Retail TouchPoints

OCTOBER 6, 2022

Retailers acted with agility, changing the way they planned and managed inventory in a remarkably short time. Effective inventory management plays a vital role in this — and data-led solutions can make a real difference here.

Inventory Management 101

Inventory Management Management Inventory Turnover Supply Chain Management 101

Inside Retail

JUNE 28, 2022

In terms of store operations, all Miniso stores in mainland China are equipped with their proprietary intelligent store management system, which provides sales and inventory data in real time, as well as suggestions based on big data analysis.

Inventory Turnover 130

Inventory Turnover Discount Store Clienteling Social Commerce 130

Retail Smart Guys

MARCH 15, 2023

It is not enough to keep filling up your stores, as it can only result in heavy markdowns, slow inventory turnover, higher operating costs, and disruptions to cash flow.

Markdowns 52

Markdowns Inventory Turnover Operating Expenses Planning 52

Retalon

FEBRUARY 10, 2022

Bad inventory is an expensive problem. Trillion annually as a result of bad inventory. Managing inventory becomes exponentially more complicated as a retailer grows; and often becomes an overwhelming challenge. What is bad inventory called? Siloed inventory management.

Inventory Turnover 41

Inventory Turnover Inventory Management Markdowns Dead-Stock 41

RETAIL MANAGEMENT SOFTWARE

MARCH 11, 2022

Do you know how to manage your inventory as effectively as possible? What are the inventory management best practices? If you can’t answer these questions, it’s time to reconsider how you manage your inventory. Inventory Management

Inventory Management 93

Inventory Management Management Inventory Turnover Markdowns 93

Independent Retailer

AUGUST 1, 2022

Next-generation analytical and planning tools interpret vast volumes of data so that retailers can predict and react to disruptions before they affect inventory levels. Common Inventory Management Headaches. Data Shaping the Future of Inventory Management.

Inventory Management 67

Inventory Management Management Inventory Turnover Supply Chain Management 67

Retail Adventures

JANUARY 20, 2021

Inventory turnover – turn – is a measure of the number of times inventory is sold within a period of time, usually a year. To determine your inventory simply divide your last year’s total retail sales by your year ending inventory at retail value.

Markdowns 98

Markdowns Inventory Turnover Returns ATS 98

Retalon

AUGUST 5, 2020

But of the myriad options, what are the KPIs in retail that will truly drive profitability and make the best use of a retailer’s substantial inventory investment? Jump Ahead Most Important KPIs for the Retail Industry in 2020 Examples of Retail KPIs that Maximize Inventory ROI 1.

Inventory Turnover 41

Inventory Turnover Promotions Markdowns Jewelry 41

Retail TouchPoints

JUNE 6, 2022

A network of in-house riders ensures orders can quickly be delivered once they’re packed, and the dispatch and packing is all coordinated by AI that monitors inventory levels, gives pickers their tasks and plans routes for riders.

Grocer 103

Grocer Inventory Turnover Shopping Promotions 103

Retalon

FEBRUARY 24, 2022

Open to buy optimizes inventory efficiency. Inventory makes or breaks retailers. Buying too little reduces sales — and the cash you need for more inventory. Open to buy (OTB) planning lets you control inventory and stay cash flow positive. Turnover rates impact OTB.

Markdowns 41

Markdowns Inventory Turnover Accounting Planning 41

V Count

JANUARY 11, 2023

In this article, we will explain how a gas station can leverage people counters in order to take on challenges such as optimizing staff schedules and convenience store inventory, optimizing business operations and efficiency, understanding the type of customers, and coming up with data-driven strategies to increase both the traffic and conversion rates. Optimize Your Convenience Store Inventory.

Inventory Turnover 40

Inventory Turnover Promotions Customer Experience Planning 40

Shopper Motion

DECEMBER 16, 2020

They also contribute to the profitability of the company by fostering sales via marketing and in-store promotions and they manage everything related to product inventory, either they order new items or try to improve the speed of inventory turnover.

Management 52

Management Inventory Turnover Promotions Supermarket 52

Rangeme

DECEMBER 16, 2021

Low inventory availability led industry experts to warn that retail shelves could remain empty this holiday season. Right now, food companies are watching inventory levels like they’re as riveting as the Super Bowl. Labor constraints push Amazon to redirect inventory.

Inventory Turnover 52

Inventory Turnover Beauty and Health Grocer Supermarket 52