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

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

RETAIL MANAGEMENT SOFTWARE

SEPTEMBER 19, 2023

It allows retailers to classify products into different categories, subcategories, or tags, making it easier to organize and locate items. This feature simplifies the inventory management process, ensuring that products are grouped logically, aiding in quick retrieval and better decision-making regarding stock allocation.

Inventory Management 62

Inventory Management Management Inventory Turnover Location 62

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 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

Retalon

AUGUST 14, 2023

Key capabilities include: Demand forecasting and modeling Recommendations for optimal stock levels Alerts for low stocks or slow-moving items Historical sales analysis Supply chain performance analytics In essence, the software acts like a command center for your inventory. You respond confidently instead of scrambling reactively.

Inventory Management 41

Inventory Management Management Dead-Stock Inventory Turnover 41

Retalon

AUGUST 5, 2020

Jump Ahead Most Important KPIs for the Retail Industry in 2020 Examples of Retail KPIs that Maximize Inventory ROI 1. Inventory Turnover Ratio 3. Inventory Turnover Ratio. The Inventory Turnover Ratio represents the total cost of goods sold over a period divided by the average inventory cost.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41