Have you ever considered the intricacies of managing a fashion brand across both retail and online realms? Juggling numerous stores across cities, gauging distinct identities, predicting demand, and maximizing sales require strategic finesse. Navigating markdowns, stock transfers, and style discontinuations is paramount. The complexity of nationwide operations, warehouses, and logistics renders manual Excel management overwhelming.… Continue reading Top 5 Merchandising Solutions: Global Leaders in Enabling Accurate and Seamless Inventory Optimization
The fast-changing retail industry is increasingly adopting a customer-centric approach. Customers have a wider array of options and are no longer willing to buy whatever brands offer them on a platter. In the past, retailers used to purchase merchandise based on their gut instinct or mere hunches. But today, staying relevant in the market calls… Continue reading 5 Ways to Control Inventory in the World of Lean Retailing
As consumers started shopping online and omnichannel, price is playing an important role. The Internet gives consumers the ability to compare prices instantly. A slight change increase or decrease can mean a customer lost or gained. Hence, the concept of dynamic pricing, or high-low pricing is quickly gaining attention. What is dynamic pricing? Dynamic pricing… Continue reading How Dynamic Pricing Strategy Can Help Retailers
As an established retailer, you require a wide range of styles in multiple sizes to meet customer demand. The need for instant gratification has become a dominant force in retail, hence the primary requirement of having the right stock available in the right place at the right time. Constraints on store space, minimum display requirements,… Continue reading Inter-store transfers – Reshuffle inventory for optimum sales
Assortment or option planning is a holistic process that blends fashion with finance. It helps merchandisers and retailers create a comprehensive store package that satisfies customer demand and allows businesses to achieve financial goals. A part of assortment planning is smart decision-making in merchandise planning and buying process. Gartner recognizes Increff as a key tech-player… Continue reading Tough Challenges need creative solutions. Merchandise planning made easy now!