Stockouts are rarely what they look like on the surface. The inventory existed. The demand was there. The product just wasn't in the right place at the right time — and no one caught it early enough.
Most retailers switch to unified commerce because their systems have become harder to manage across day-to-day operations. Inventory may not always align across channels, reporting can take longer ...
.jpeg)
Running a multi-location retail business is very different from running a single store. Once you have multiple locations, things get messy quickly. Inventory ends up in the wrong place, one store ...
Inventory accuracy is one of those metrics that sounds simple until you try to manage it in a real retail environment.
Retail management systems tend to get grouped together like they all do the same thing. On paper, they kind of do — process sales, track inventory, run reports. But once you’re operating more than ...
.jpeg)
Brett Wickard, founder and CEO of FieldStack, has decades of retail experience. He’s seen firsthand how disconnected systems create what he calls the “integration tax” for pet stores. At Global Pet ...
Back in early 2023 we covered the growing recommerce market in this blog post: 8 Reasons Why the Recommerce Trend is Here to Stay in Retail. Since then, recommerce has expanded significantly and ...
Inventory is often the single biggest asset on a specialty retailer’s balance sheet. Get forecasting wrong, and you’re either sitting on dead stock burning cash or out of stock, losing sales you may ...
Ever walked into the stockroom and had a feeling the numbers were off? You’re not alone. It happens more than most retailers like to admit.