Retalon

OCTOBER 8, 2020

But getting the biggest return on that investment, especially in today’s tough retail environment, requires a more nuanced, data-driven approach to inventory management than most retailers are used to. They quickly learn to time their purchases for the inevitable markdowns rather than buying products during the main lifecycle.

Markdowns 41

Markdowns Inventory Management Promotions Planning 41

Retalon

APRIL 21, 2021

Maintaining margins within business constraints while efficiently providing order fulfillment to customers is a tall order, especially considering each customer purchase requires a real-time fulfillment decision within a shifting context of inventory, demand, returns, delivery times, and shipping costs. Emphasizing BOPIS.

Fulfillment 41

Fulfillment Drop-Shipping Shipping Returns 41

Retalon

APRIL 27, 2021

Although e-commerce gets all of the attention, the past two decades of technological change have transformed every aspect of the retail business — from planning, inventory, pricing, and promotions — all the way down to customer service and the in-store experience. to optimize inventory for gross margins.

Fulfillment 41

Fulfillment Markdowns Promotions Returns 41

Retalon

DECEMBER 8, 2021

How, when, and where the customer prefers to experience their product fulfillment affects the sourcing and shipping decisions. How complicated is the returns process? This includes everything from purchasing inventory to returns management. Is inventory coming directly from the vendor and therefore needs to be dropshipped?

Merchant Services 41

Merchant Services Fulfillment Drop-Shipping Shipping 41

RETAIL MANAGEMENT SOFTWARE

MARCH 11, 2022

It is beneficial to exhaust your resources first, so you don’t end up with the excess products in one store that you eventually have to markdown. These items need to be replaced and either returned to the vendor or donated. It is essential to keep non-sellable products separated from your regular inventory.

Inventory Management 92

Inventory Management Management Inventory Turnover Drop-Shipping 92

Retail Adventures

AUGUST 16, 2022

If you don’t want the hassle of shipping, then go the BOPIS route: Buy Online Pickup In Store – customers love curbside. These signs include the promotional and event signs that are meant to be hung for a limited amount of time. Be prepared for markdowns and returns. Don’t be afraid to be creative!

Markdowns 52

Markdowns Advertising Planning Cross Merchandising 52

Retalon

SEPTEMBER 22, 2021

Instead of only shipping to customers’ homes, retailers let online customers shop from their local and online store’s inventory and pick up their orders from their closest brick-and-mortar location the same day. BORIS (Buy Online Return In-Store): Concentrates on reverse logistics. Payment, return, and exchange policies.

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41

Retail Adventures

OCTOBER 22, 2020

If you don’t want the hassle of shipping, then go the BOPIS route: Buy Online Pickup In Store – customers love curbside. These signs include the promotional and event signs that are meant to be hung for a limited amount of time. Be prepared for markdowns and returns. Don’t ignore Cyber Monday.

Markdowns 98

Markdowns Advertising Planning Cross Merchandising 98

Retalon

JULY 4, 2018

seasonality, price-elasticity, geo-demographic diversity, past promotions) and applies sophisticated mathematics to your specific business rules, policies, and costs constraints. Buy in-store, return to another store (46%). Predictive analytics makes adopting strategies like ship-from-store a breeze.

Promotions 32

Promotions Fulfillment Shipping Markdowns 32

Retalon

AUGUST 20, 2019

Plus, going into a retail store significantly reduces the potential for returns and increases upsell opportunities. You can also beef up fulfillment options so that customers can pick-up in local stores or ship directly from other stores, mirroring the convenience of online ordering. – Promotions, event and markdowns.

Fulfillment 32

Fulfillment Comparison Shopping Markdowns Promotions 32

Retalon

AUGUST 20, 2019

Plus, going into a retail store significantly reduces the potential for returns and increases upsell opportunities. You can also beef up fulfillment options so that customers can pick-up in local stores or ship directly from other stores, mirroring the convenience of online ordering. – Promotions, event and markdowns.

Fulfillment 32

Fulfillment Comparison Shopping Markdowns Promotions 32

Retail Geek

FEBRUARY 28, 2023

You’re gonna end up making some ill-advised purchases and then it seems like everything drop ships from factories. post so they if you remember back in the day wish was like very slow shipping like to 26 weeks. Scot: [32:58] Do they have infrastructure in the US like to do shipping and stuffers at all come straight from China.

Apparel 52

Apparel Drop-Shipping Social Commerce Shipping 52

Retalon

NOVEMBER 2, 2021

For example, global supply chains have long been: Overproducing goods in foreign factories with lax labor laws Monopolizing finite raw materials in Third World countries Relying on trade agreements to keep international shipping cheap Using just-in-time inventory practices, taking the resilience of supply chains for granted.

Supply Chain Management 41

Supply Chain Management Dead-Stock Markdowns Shipping 41