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Why Data Will Drive the Future of Inventory Management

Retail TouchPoints

According to figures from Adobe, online shoppers faced 60 billion out-of-stock messages from March 2020 to February 2022. Tools can enable retailers to connect and correlate all inventory data with external events. They can then proactively deal with inbound disruptions, measure inventory turnover velocity and cut back on overstocking.

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12 Critical Retail Industry Performance Metrics (2020)

Retalon

Most Important KPIs for the Retail Industry in 2020. Jump Ahead Most Important KPIs for the Retail Industry in 2020 Examples of Retail KPIs that Maximize Inventory ROI 1. Inventory Turnover Ratio 3. Inventory Turnover Ratio. Why Measure Inventory Turnover Ratio. In-Stock Percentage 2.

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How to Revolutionize Inventory Management

Independent Retailer

Consumers encountered 60 billion out-of-stock messages from online retailers between March 2020 and February 2022, according to Adobe. Retailers need tools that can connect and correlate all inventory data with the impact of external events. By then, it is too late.

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Maximizing Sales with Effective Product Merchandising

CJ Retail Solutions

Retailers should regularly track key performance indicators such as sales trends, conversion rates, average transaction value, and inventory turnover to gain insights into how well their merchandising strategies are performing.