Wiser

JUNE 18, 2024

Implement Robust Inventory Management Systems Effective inventory management is the cornerstone of preventing OOS situations. Utilize advanced inventory management software that provides real-time updates on stock levels. Key Steps: Conduct regular inventory audits to ensure accuracy.

Inventory Management 78

Inventory Management Management Planning Consumer 78

Wiser

JULY 22, 2024

This approach, supported by data analysis and marketing insights, helps avoid devaluing the brand. By leveraging first-party data, brands can serve varied consumer needs without universal discounts, maintaining their premium image while appealing to different economic segments.

Shrinkage 78

Shrinkage Inventory Management Management Consumer 78

Wiser

JUNE 13, 2024

Poor visibility directly translates to lost sales opportunities and, ultimately, reduced market share. No amount of marketing or SEO can compensate for an out-of-stock product. If your inventory management isn’t up to par and your products frequently go out of stock, your share of search will suffer.

Inventory Management 78

Inventory Management Supply Chain Management Advertising Promotions 78

Wiser

MARCH 4, 2024

Brands and retailers face unique challenges as they progress from their initial market entry to becoming leaders in innovation and strategy. Aligning retail strategies with these technological shifts is no longer optional; it’s imperative for those aiming to enhance their market position and achieve scalable success.

Management 78

Management Brand Management Inventory Management Marketing 78

Retail TouchPoints

JULY 20, 2020

While the latter may be true, excess inventory also has a silver lining of hidden pathways to optimizing excess inventory that lead straight to your bottom line through distribution in the off-price retail market. How Is Excess Inventory Optimized? It’s time to embrace the future of excess inventory.

Inventory Management 158

Inventory Management Apparel Fashion Specialty Store 158

Retail Focus

NOVEMBER 28, 2022

As consumption is becoming less focused on the product and more focused on the experience of accessing the product, new brand management practices are being shaped, whether at luxury or mass industry levels. Brands are looking at ways to add value to the customer’s journey within their spheres. . What lessons can be learned?

Customer Experience 246

Customer Experience Management Payment Services Clienteling 246

Wiser

MARCH 28, 2024

In an illuminating revelation from Deloitte’s 2024 consumer products industry outlook , half of the consumer product companies surveyed express a pivot away from relying on price increases as a growth strategy, signaling a paradigm shift in how businesses approach market expansion and consumer engagement.

Consumer 78

Consumer Promotions Inventory Management Advertising 78