Retalon

AUGUST 22, 2023

One of the key inventory metrics retailers track is inventory turnover. Inventory turnover measures how many times a company sells and replaces its inventory during a period. It indicates how efficiently inventory is managed and whether excess inventory is tying up too much capital.

Inventory Turnover 41

Inventory Turnover Specialty Retailers Apparel Inventory Management 41

Inside Retail

JANUARY 30, 2024

Evri’s partners will gain valuable insights into the Chinese market, including consumer behaviour, marketing and pricing strategies, product selection advice, and online operational strategies tailored to the unique demands of the Chinese market.

Merchant Services 130

Merchant Services Inventory Turnover Inventory Management Supply Chain Management 130

Inside Retail

FEBRUARY 26, 2024

There was good news in January when the Consumer Price Index slowed to the lowest rate in two years; however, experts recognise that the most volatile factors, such as rental rates and energy markets, remain the biggest drivers. Set benchmarks for inventory management, including the rate of inventory turnover and tracking and fill rate.

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

Inside Retail

JUNE 28, 2022

The 684.6sqm retail space is located in Setia City Mall, one of the largest shopping complexes in Shah Alam. Huang explained that Miniso has leased 20 warehouses to distribute products, eight of which are overseas and will be used for deliveries to nearby markets, further reducing logistics and transport costs. Miniso 3.0,

Inventory Turnover 130

Inventory Turnover Clienteling Social Commerce Consumer 130

Retalon

FEBRUARY 10, 2022

You may be dealing with a bad inventory if you are continuously having one or more of the following issues: 1. A low rate of inventory turnover. Low demand inventory builds up resulting in overstocks. No room for in-demand inventory . Stagnant inventory is occupying shelf space, in-place of high demand products. .

Inventory Turnover 41

Inventory Turnover Management Inventory Management Dead-Stock 41

RETAIL MANAGEMENT SOFTWARE

SEPTEMBER 19, 2023

Product Categorization : Effective product categorization is a crucial feature of Retail Inventory Management Software. It allows retailers to classify products into different categories, subcategories, or tags, making it easier to organize and locate items.

Inventory Management 62

Inventory Management Management Inventory Turnover Location 62

Retail Minded

MAY 3, 2023

Using scanners, such as RFID scanners from Lowry , is an excellent tool for improving inventory count accuracy. These scanners use radio waves to read electronic tags on products, allowing quick and accurate inventory location and quantity identification. It improves accuracy and saves time compared to manual counting.

Inventory Management 52

Inventory Management Management Fulfillment Inventory Turnover 52