November 08, 2018
Despite improvements in forecasting and product planning, excess inventory continues to be an unavoidable issue for brands. How can brands leverage their burdensome excess inventory to create a more sustainable brand?
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October 08, 2018
Retailers are acquiring the tools necessary to optimize their forecasting, customer experience and logistics processes. In result, the increased efficiency, personalization and quality of service means higher revenue and improved customer… Read More
August 20, 2018
The rapid closure of some of the UK’s biggest high street retailers brings into question what was responsible for their downfall. What contributed to this outcome and could it have been avoided?
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June 06, 2018
Now that you’ve learned what a markdown is and the importance in using a markdown, let’s take a step further. In the second part of the blog series, you will learn how to create and implement a markdown plan, and where to start.
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March 05, 2018
Markdowns. They aren’t what you think they are. In this two-part blog series you will learn all about markdowns: what they are, what their ramifications are, what a markdown plan is, how to implement one and how it will benefit you long… Read More
January 08, 2018
Although 2017 was named the “ Retail Apocalypse”, things are looking up for the retail industry in 2018.
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October 23, 2017
The future of inventory is going to be flooded with updates in technology. From virtual reality, to artificial intelligence, to digital signage, and even inventory-less stores, there are constant iterations made in this industry to… Read More
October 10, 2017
It’s October. Summer just ended. But retailers have been thinking about the holiday season long before you even left the beach. Black Friday, Cyber Monday, and the rest of the holiday shopping season seem months away, but for retailers,… Read More
October 02, 2017
As previously discussed in the last two blogs, inventory management requires a lot of attention and has minimal room for error, and it is crucial for businesses to be as accurate as possible. Real-time inventory makes it simpler for… Read More
October 02, 2017
Last week’s blog discussed the different factors that make up the “real” cost of inventory. And calculating the cost is only a fraction of the work retail businesses must do to keep their inventory flowing and margins increasing. This post… Read More