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How global beauty brands will benefit from JD.com’s latest logistics move

Inside Retail

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.

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Miniso’s “good quality with low price” mantra takes off in Southeast Asia

Inside Retail

“As a global lifestyle retailer, approximately 70 to 80 percent of our product portfolio is similar across the world, while the remaining 20 to 30 percent are unique products that have been designed and chosen according to trends and consumer demands from different local markets,” Huang explained. The marketplace. An eclectic design team.

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7 Indicators You’re Managing Bad Inventory (and How to Fix It)

Retalon

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. .

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Retail Inventory Management Software: Streamlining Your Business for Success

RETAIL MANAGEMENT SOFTWARE

This feature simplifies the inventory management process, ensuring that products are grouped logically, aiding in quick retrieval and better decision-making regarding stock allocation. Order Management : Efficiently manage purchase orders, sales orders, and return orders. This minimizes overstocking or understocking issues.

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Five Best Practices In Retail Inventory Management

Retail Minded

Streamlined Fulfillment Processes In retail inventory management, fulfillment processes can be a source of costly errors like incorrect order quantities or shipping delays. These mistakes can lead to dissatisfied customers and expensive returns, making it critical to have streamlined and efficient processes.

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How to Revolutionize Inventory Management

Independent Retailer

Retailers had to revolutionize inventory and planning when the pandemic hit, and many businesses are still finding their feet in the post-pandemic economy. Retailers need tools that can connect and correlate all inventory data with the impact of external events. years, on average. .

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Understanding Furniture Inventory Management Software in 2023

Retalon

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.