Remove ATS Remove Dead-Stock Remove Markdowns
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How Improving Markdowns Will Impact Your Most Important Supply Chain KPIs

Retail TouchPoints

So why should these teams expand their focus to consider markdown planning in addition to their already full slate of targets? Because better markdowns have the potential to significantly improve the traditional KPIs that supply chain teams are evaluated on.

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5 Highly Effective Retail Markdown Strategies that Work in 2021

Retalon

What is a retail markdown strategy? A retail markdown strategy is a plan that describes when and how certain products should go on markdown. Having a markdown strategy is important because, all too often, markdowns are a kneejerk reaction to end-of-life inventories. ” What are markdowns in retail?

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RFID is a key technology in digital transformation

365 Retail

There is no doubt that in recent years digital transformation in retail has accelerated at pace. Tom Vieweger , RFID business expert at Nedap Retail. Break down inventory silos by creating a single view of stock across your entire supply chain. As a result, it is?recommended So what is the answer to all these challenges?

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7 Indicators You’re Managing Bad Inventory (and How to Fix It)

Retalon

So, a retailer who wants to gain the competitive edge while avoiding undue losses, needs to be able to spot the indicators of bad inventory and know how to fix them at the root. You’ve heard it referred to as, overstocks, write-offs, dead-stock, excess, spoiled, expired, and unsold. Drastic Markdowns.

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4 Critical Steps for Optimizing Omnichannel Order Fulfillment in 2021

Retalon

At its most basic, order fulfillment is the combination of steps required to get products into the hands of customers. This includes everything from storing inventory, processing orders, picking stock, shipping packages, and delivering orders to the end consumer. Will you deny returns at a store level? Emphasizing BOPIS.

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Sustainable Supply Chains in 2022 (and Beyond)

Retalon

To better understand why sustainable supply chains are so important, let’s take a quick look at how the retail and CPG industries have shifted in the past 2 decades. If they overstocked every SKU at every distribution center, they would simply go out of business. The globalization gravy train has stopped. More on that later.

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The Future of Retail in the New Era of Risk

Retail Prophet

Indeed, the entire global shipping industry had seemingly run aground – if only metaphorically – as dock workers at many of the world’s largest ports reeled with the effects of the virus. Fully half of the factories in Britain at the time were for cotton production. Less than 200 years earlier, a similar breakdown played out.