Wiser

MARCH 14, 2025

Misreading consumer demand could mean investing in the wrong products, missing a key trend, or failing to pull underperforming SKUs before they drain profitability. Merchandising teams rely on them to curate a strong product mix that keeps pace with evolving consumer demand. Every product decision carries weight.

Management 78

Management Inventory Turnover Promotions Markdowns 78

Inside Retail

JUNE 28, 2022

“As a global lifestyle retailer, approximately 70 to 80 percent of our product portfolio is similar across the world, while the remaining 20 to 30 percent are unique products that have been designed and chosen according to trends and consumer demands from different local markets,” Huang explained. The marketplace. Backend intelligence.

Inventory Turnover 130

Inventory Turnover Clienteling Social Commerce Consumer 130

Inside Retail

JULY 18, 2024

Significant market trends are impacting retail businesses today – the migration of consumers online, supply-chain challenges and the cost-of-living crisis to name just a few – but there is a more obvious reason many retailers are struggling. Cormack says the optimal inventory turn rate is around nine times annually – or every 40 days.

Planning 147

Planning Inventory Turnover Consumer Location 147

Inside Retail

FEBRUARY 26, 2024

There are several economic factors playing havoc with consumers and business operations that are likely to persist into 2024. Consumer sentiment remains low as households stagger under higher costs of living and interest rates. Set benchmarks for inventory management, including the rate of inventory turnover and tracking and fill rate.

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

Wiser

MARCH 11, 2025

By integrating regular visits (daily, weekly, or monthly), you can track accurate trends around inventory turnover and on-shelf compliance. This information makes it easier to detect problem areas, protect your brand reputation, and capitalize on consumer expectations for low-cost convenience. By reviewing key sections (e.g.,

Beauty and Health 78

Beauty and Health Promotions Inventory Turnover Location 78

Inside Retail

JANUARY 30, 2024

Evri’s partners will gain valuable insights into the Chinese market, including consumer behaviour, marketing and pricing strategies, product selection advice, and online operational strategies tailored to the unique demands of the Chinese market.

Merchant Services 130

Merchant Services Inventory Turnover Inventory Management Supply Chain Management 130

Inside Retail

NOVEMBER 14, 2023

As the year-end shopping season kicks off, Zalora , one of Asia’s leading online fashion retailers, and part of Global Fashion Group (GFG), is ramping up its marketing to capture consumers’ attention. It facilitates wider brand reach, quicker inventory turnover, and direct engagement, thereby fostering increased brand loyalty.

Inventory Turnover 130

Inventory Turnover Fashion Shopping Consumer 130

Retail Gazette

FEBRUARY 22, 2024

According to recent studies, over 70% of consumers expect personalised experiences when interacting with retailers online. AI algorithms can accurately predict demand and adjust inventory levels in real time by analysing historical sales data, market trends, and external factors such as weather patterns and economic indicators.

Inventory Management 122

Inventory Management Checkout Inventory Turnover Promotions 122

Retail Focus

AUGUST 8, 2023

Payroll Processing Handling payroll intricacies can be time-consuming and complex for retailers. Inventory Management Efficiently managing inventory is essential for meeting customer demands while minimizing carrying costs. This leads to improved inventory turnover and reduced instances of overstock or stockouts.

Loss Prevention 130

Loss Prevention Inventory Management Inventory Turnover Shipping 130

RETAIL MANAGEMENT SOFTWARE

MARCH 11, 2022

Monitor important metrics : Keep track of inventory costs, turn rate, and sell-through rates to know how your inventory performs and make appropriate changes. Maximize inventory turnover- Increase turn rate to move product gradually through the purchasing cycle.

Inventory Management 111

Inventory Management Management Inventory Turnover Drop-Shipping 111

Independent Retailer

AUGUST 1, 2022

Next-generation analytical and planning tools interpret vast volumes of data so that retailers can predict and react to disruptions before they affect inventory levels. According to the Adobe Digital Economy Index , consumers now spend an average of $6.7 by Paula Biste. billion online each month on groceries, up from $3.1

Inventory Management 96

Inventory Management Management Inventory Turnover Supply Chain Management 96

RETAIL MANAGEMENT SOFTWARE

SEPTEMBER 17, 2024

With a surge in consumer demand, retailers must juggle inventory, staff, and customer service efficiently to maximize sales and ensure smooth operations. Seamless Omni-Channel Integration Consumers today expect a seamless experience across multiple channels, whether they are shopping in-store, online, or via mobile apps.

Inventory Management 111

Inventory Management Inventory Turnover Management Customer Experience 111

Storis

SEPTEMBER 16, 2024

Modern retailers are grappling with evolving consumer expectations, the relentless pace of technology change, and fierce competition that marks today’s global marketplace. Supply chains are the backbone of success for retailers, especially for enterprises with a national presence.

Payment Services 52

Payment Services Supply Chain Management Inventory Turnover Inventory Management 52

CJ Retail Solutions

DECEMBER 8, 2024

This article discusses how retailers can adapt their displays to meet the changing demands of consumers during the pandemic. By prioritizing hardware maintenance and replacement, kiosk operators can ensure that their systems remain functional and user-friendly, ultimately leading to increased customer satisfaction.

Kiosk 52

Kiosk Shopping Inventory Management Inventory Turnover 52

I Vend

JANUARY 18, 2025

A centralized Enterprise POS Software provides detailed insights into: Sales patterns across different locations Store performance comparisons Customer behavior analysis Inventory turnover rates Staff productivity metrics These insights help identify trends, optimize operations, and make data-driven decisions for business growth.

Location 52

Location Inventory Turnover Inventory Management Management 52

Retalon

AUGUST 5, 2020

Navigating changing consumer tastes and the evolving technology landscape has always made retail a challenging industry. 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.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41

CJ Retail Solutions

AUGUST 26, 2024

Employing KPIs is crucial for retailers to keep a competitive edge and achieve long-term growth in the highly competitive retail environment of today, where consumers have a multitude of options. Retailers can assess how their marketing campaigns are influencing consumer spending and overall revenue by monitoring this metric.

Marketing 52

Marketing Visual Merchandising Inventory Turnover Store Layout 52

DMS Retail

JANUARY 29, 2024

To achieve this, thorough analysis of sales data, trends, and inventory levels is essential for effective inventory management. By optimizing stock levels and reducing overstock and stockouts, retailers can enhance inventory turnover and reduce carrying costs. This adaptability ensures retailers stay ahead of the curve.

Management 40

Management Inventory Turnover Promotions Inventory Management 40

365 Retail

JUNE 5, 2024

Optimizing Inventory Management Proper inventory control is crucial for any retail business. However, manual methods are time-consuming and prone to errors. Enter smart inventory management systems. Managers can visualize metrics like sales trends, inventory turnover, and customer lifetime value.

Payment Services 52

Payment Services Inventory Management Checkout Inventory Turnover 52

Retail Minded

MAY 3, 2023

Retailers know that inventory management is time-consuming and can pose difficulties. Thanks to technology-enabled best practices, managing inventory is easier than ever. Through this process, you can review inventory metrics and trends, identify areas that need improvement, and optimize your inventory procedures.

Inventory Management 52

Inventory Management Management Fulfillment Inventory Turnover 52

Retalon

FEBRUARY 10, 2025

This process is not only time-consuming but also increases the risk of outdated information influencing critical decisions. High risk of human error Manual planning processes are time-consuming and prone to mistakes, leading to lost sales opportunities and excess inventory.

Planning 41

Planning Inventory Turnover Markdowns Location 41

Retalon

FEBRUARY 15, 2022

When Inventory is proactively allocated among locations to meet demand, customers are not repeatedly met with empty shelves pushing them to other retailers. Order fulfillment becomes more efficient; meeting consumer expectations by enabling lower shipping costs, faster fulfillment, and a greater variety of fulfillment options.

Markdowns 41

Markdowns Inventory Turnover Fulfillment Accounting 41

CJ Retail Solutions

NOVEMBER 18, 2024

Well-maintained equipment operates more smoothly and consumes less energy, which can lead to cost savings over time. Inventory Management and Organization Metrics Value Inventory Turnover 5.2 In addition to preventing breakdowns, scheduled maintenance can enhance the efficiency of your operations.

Shopping 52

Shopping Inventory Management Inventory Turnover Management 52

CJ Retail Solutions

AUGUST 8, 2024

This practice encompasses various techniques, including optimal product placement, visually appealing displays, and effective pricing strategies, all designed to influence consumer behavior positively.

Cross Merchandising 52

Cross Merchandising Promotions Inventory Turnover Bundled Pricing 52

Shopper Motion

DECEMBER 16, 2020

They also contribute to the profitability of the company by fostering sales via marketing and in-store promotions and they manage everything related to product inventory, either they order new items or try to improve the speed of inventory turnover.

Management 52

Management Promotions Inventory Turnover Shopping 52

Retalon

FEBRUARY 15, 2024

This anticipates future trends such as consumer demand shifts or inventory needs before they happen – allowing retailers to prepare rather than react. For instance, machine learning algorithms analyze historical sales data and consumer behavior trends to predict future demand accurately.

Inventory Management 41

Inventory Management Management Marketing Inventory Turnover 41

Storis

MAY 23, 2024

In the context of furniture retail, where capital investments in inventory can be substantial, proactive cash flow management is crucial for maintaining financial stability and seizing growth opportunities. Inventory turnover, or inventory turns, is defined as the inventory turnover ratio.

Inventory Turnover 52

Inventory Turnover Payment Services Dead-Stock Inventory Management 52

Retalon

FEBRUARY 10, 2022

You may be dealing with a bad inventory if you are continuously having one or more of the following issues: 1. A low rate of inventory turnover. Low demand inventory builds up resulting in overstocks. No room for in-demand inventory . Stagnant inventory is occupying shelf space, in-place of high demand products. .

Management 41

Management Inventory Turnover Inventory Management Dead-Stock 41

Rangeme

DECEMBER 16, 2021

While retailers and consumer packaged goods (CPG) suppliers have had to grapple with COVID-19 and digital transformation, now they must also manage reduced capacity along the global supply chain, hampering holiday sales success. Study: 98% of retail execs report supply chain issues ahead of holidays. Retail Dive. October 29, 2021. RetailWire.

Shipping 52

Shipping Dead-Stock Beauty and Health Inventory Turnover 52

Retalon

AUGUST 14, 2023

Improving Inventory Turnover Excess stocks tying up cash flow are the bane of any retail business. Inventory management software provides perpetual cycle counting and analysis of turnover rates by SKU. Boosting Customer Satisfaction Consumers increasingly expect omnichannel inventory availability.

Inventory Management 41

Inventory Management Management Dead-Stock Inventory Turnover 41

Inside Retail

FEBRUARY 10, 2025

Consumer expectations have been shaped by Amazon Prime’s same-day and next-day delivery and Uber Eats’ instant convenience, setting a high bar for retailers to meet. Element enables Walmart to automate decision-making at scale, optimising inventory placement, demand forecasting, and logistics across its entire supply chain.

Inventory Turnover 162

Inventory Turnover Supply Chain Management Finance Fulfillment 162