There's no shortage of inventory numbers retailers can track. Between sales, on-hand quantities, replenishment, transfers, receiving, and forecasting, it's easy to end up with more reports than ...
Back-to-school shopping is one of the biggest retail moments of the year, and this year's numbers tell an interesting story. Families are expected to spend more than ever, but that doesn't mean ...
.jpeg)
Not much is more frustrating than running out of a product customers expect you to have.
Ask a group of pet retailers about inventory management, and you'll hear a lot of the same frustrations. Products that don't move. Products that move too quickly. Suppliers that don't deliver on ...
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.
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 ...
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.