Is Your Inventory Overflowing and Sales Stalling? There’s a Better Way. Are you one of the 67% of retailers facing a mountain of inventory and disappointing sales according to a National Retail Federation study? Fire-sale markdowns might seem like the only option, but there’s a smarter solution: Merchandise Financial Planning (MFP). MFP is your secret… Continue reading How Merchandise Financial Planning Saves the Day (and Your Bottom Line)
In the ever-evolving landscape of online commerce, businesses face razor-thin profit margins, fierce competition, and the critical significance of each dollar. Navigating this challenging symphony requires adept conductors with its surging demands, intricate supply chains, and market volatility. However, amid these complexities, poor inventory management is a common obstacle that threatens businesses. The consequences of… Continue reading 5 Top Expert Tips to Unlock Inventory Efficiency Like a Pro
What is (Inter-Store Transfer) IST? The inter-store transfer also referred to as Inter Branch Transfer, is part of the retail supply chain management where the inventory is transferred between different store locations belonging to the same retailer. It is usually carried out for a single, or few items, to meet specific customers’ needs or for… Continue reading Manage inventory transfers efficiently for your growing business
You have probably heard about the concept of inventory optimization, but do you know how to make the most of it? Inventory management is a tricky business. Too much inventory and you are tying up valuable resources that could be used elsewhere, too little inventory and you risk losing sales. What if there was a… Continue reading Inter-store transfers; An inventory optimization solution
As competition intensifies across the e-commerce space, brands must offer faster deliveries and efficient order fulfillment to stay competitive. Being able to project demand accurately and maintain inventory levels according to customer expectations is crucial. A major factor influencing customers’ perception of a brand is the time taken by a retailer to deliver an item… Continue reading How Demand-Based Inventory Distribution Helps Future-Proof Your E-Commerce Business
