Retalon

FEBRUARY 13, 2018

The result of unreliable projections are inventory imbalances: mistakes in planning, purchasing, and inventory management, resulting in inventory levels that don’t match actual demand. Retailers run costly markdowns to clear out overstocks, and out of stock merchandise leads to lost sales. trillion annually. Key Takeaways.

Markdowns 32

Markdowns Inventory Management Promotions Accounting 32

Retalon

FEBRUARY 13, 2018

The result of unreliable projections are inventory imbalances: mistakes in planning, purchasing, and inventory management, resulting in inventory levels that don’t match actual demand. Retailers run costly markdowns to clear out overstocks, and out of stock merchandise leads to lost sales. trillion annually. Key Takeaways.

Markdowns 32

Markdowns Inventory Management Promotions Accounting 32

Retail Prophet

JULY 18, 2022

In 1956, after almost two decades of planning, McClean’s musings became reality got when he loaded 58 metal containers in Port Newark onto the S.S. The result is slow turns, deep markdowns, write-offs, and heaps of dead stock in warehouses, much of which eventually becomes landfill. A huge saving of time and labor, he thought.

Dead-Stock 59

Dead-Stock Shipping Merchant Services Markdowns 59

Retalon

SEPTEMBER 29, 2014

Many retailers are already set up to reach their customers, what they need is a smart fulfillment strategy that will have the inventory in place in advance to avoid unnecessary transfers, and markdowns. The only way to achieve this feat is to accomplish all of this proactively. How do you build a smart fulfillment strategy? Will you? [1]

Fulfillment 36

Fulfillment Markdowns Shipping Inventory Management 36

Retalon

APRIL 21, 2021

Once the rules are in place, the Smart Fulfillment system combines the retailer’s inputted information with available sales histories, current inventories, and planned promotions to forecast demand for walk-in and online sales, as well as how many online sales are likely to be BOPIS (and at which locations). April 26, 2021. Read More.

Fulfillment 41

Fulfillment Drop-Shipping Shipping Returns 41

Retalon

DECEMBER 22, 2014

How much extra inventory should be ordered for planned promotions? What is the optimal pricing/markdown strategy to sell off inventory by end of season while a staying away from lost sales, and dead inventory? Super bowl in your city)? How do you price and allocate new products with no history?

Dead-Stock 32

Dead-Stock Promotions Fulfillment Markdowns 32

Retalon

DECEMBER 22, 2014

How much extra inventory should be ordered for planned promotions? What is the optimal pricing/markdown strategy to sell off inventory by end of season while a staying away from lost sales, and dead inventory? Super bowl in your city)? How do you price and allocate new products with no history?

Dead-Stock 32

Dead-Stock Promotions Fulfillment Markdowns 32

Retalon

NOVEMBER 29, 2014

Many retailers are already set up to reach their customers, what they need is a smart fulfillment strategy that will have the inventory in place in advance to avoid unnecessary transfers, and markdowns. The only way to achieve this feat is to accomplish all of this proactively. How do you build a smart fulfillment strategy? 1] [link]. [2]

Fulfillment 32

Fulfillment Markdowns Shipping Inventory Management 32

Retalon

JULY 4, 2018

A Forrester research team surveyed retailers on what they plan to implement to support fulfillment efforts. The challenge that many retailers are having is that even if they planned well and allocated merchandise correctly, a busy season, or special promotion can create inventory & assortment distortion in some stores, or DC’s.

Promotions 32

Promotions Fulfillment Shipping Markdowns 32

Indigo 9 Digital

FEBRUARY 28, 2023

Inditex, Zara’s parent company planned to close up to 1,200 stores by the end of 2022 and open 450 new stores. If you can’t move all of the inventory then markdowns are required which eats into sales per sq. By 2017 Forever 21 decided it would open 40 F21 Red stores within that year alone. Large stores are inherently risky.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98