Retail TouchPoints

NOVEMBER 17, 2023

Shipping delays and stockouts lead to frustration and disappointment, especially when logistical problems impact time-sensitive purchases, such as special occasion gifts, event tickets or prescription medications. Saxena’s previous product experience is in building retail planning solutions at Blue Yonder.

Customer Experience 256

Customer Experience Inventory Management Fulfillment Inventory Turnover 256

Retail Focus

AUGUST 8, 2023

Order Fulfillment When outsourcing, retailers can benefit from streamlined inventory management, order processing, and shipping. This frees up your time to focus on strategic decision-making, financial planning, and growth initiatives. This leads to improved inventory turnover and reduced instances of overstock or stockouts.

Loss Prevention 130

Loss Prevention Inventory Management Inventory Turnover Shrinkage 130

Inside Retail

FEBRUARY 26, 2024

This instability, together with increased gas and energy prices, has affected shipping costs. Set benchmarks for inventory management, including the rate of inventory turnover and tracking and fill rate. Continue to review minimum stock limits and develop contingency plans should supply issues emerge.

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

Retail Minded

MAY 3, 2023

Streamlined Fulfillment Processes In retail inventory management, fulfillment processes can be a source of costly errors like incorrect order quantities or shipping delays. Efficient Reordering Retail inventory management requires efficient reordering to prevent stockouts and overstocking, which can be costly for your business.

Inventory Management 52

Inventory Management Management Fulfillment Inventory Turnover 52

Rangeme

DECEMBER 16, 2021

Shipping delays. Trans-Pacific cargo ships face bottlenecks in major ports like Los Angeles, and these shipping delays threaten access to merchandise. As contingency plans, more executives are finding new vendor partners and sourcing domestically to keep their supply chains closer to home. Source: SEI. 2 Unglesbee, Ben.

Dead-Stock 52

Dead-Stock Shipping Beauty and Health Inventory Turnover 52

RETAIL MANAGEMENT SOFTWARE

MARCH 11, 2022

Check data and reports regularly – Consistently checking data will give you a good idea of how your inventory is performing overall. Plan before buying your inventory- Use your data to determine what you should order. Maximize inventory turnover- Increase turn rate to move product gradually through the purchasing cycle.

Inventory Management 92

Inventory Management Management Inventory Turnover Drop-Shipping 92

Retalon

FEBRUARY 15, 2022

The forecast of future sales demand informs almost all of the decisions a retailer makes throughout the product journey: Planning. What’s more, you’re able to buy enough inventory to meet demand without being left with overstock. Planning inventory based on sales history depends on a logical approximation. Let’s find out.

Markdowns 41

Markdowns Inventory Turnover Fulfillment Accounting 41