Inside Retail

OCTOBER 26, 2023

Lightspeed is a single platform for point-of-sale, payment processing, inventory management and reporting which also includes tools for e-commerce and marketing. The business had to tackle a challenge encountered by many independent retailers: How to compete in a market dominated by corporate giants with cheaper offerings?

Shopping 246

Shopping Payment Services Dead-Stock Kiosk 246

Retail TouchPoints

JULY 14, 2023

The AI boom shows no sign of slowing down, with a global market value projected to grow to more than $500 billion this year. This involves inputting key words that can result in a dead link or generating unwanted products in some cases. This helps minimize stockouts or overstocks during peak seasons.

Fulfillment 244

Fulfillment Dead-Stock Customer Experience Inventory Management 244

Inside Retail

MARCH 21, 2024

This year, while consumers are still struggling to adapt to higher prices for staple goods and services, they are still spending on discretionary items creating a retail market where brands compete fiercely for their share of the consumer’s paycheque. Finding out it’s unavailable feels like a dead end.

Consumer 130

Consumer Dead-Stock Finance Inventory Management 130

Inside Retail

OCTOBER 11, 2023

A few years ago, it seemed like every new brand making noise in the market was adopting a direct-to-consumer (DTC) business model. Like many trends, the discourse around DTC is a rollercoaster, ranging from ‘DTC is dead!’ Is DTC dead? to ‘Look at this amazing DTC brand! Everyone should do this.’

Dead-Stock 130

Dead-Stock Consumer Kiosk Marketing 130

Retalon

AUGUST 14, 2023

Furniture inventory management software offers a smarter solution. It provides real-time visibility into your inventory movements across the supply chain. Powerful analytics help you optimize stock levels to drive sales, improve margins, and increase customer satisfaction. The software provides more than just visibility.

Inventory Management 41

Inventory Management Management Dead-Stock Inventory Turnover 41

Storis

MAY 23, 2024

The following is used for the Turns formula: Turns = Year’s Cost Of Goods Sold $/Year’s Avg Units On Hand * Year’s Avg Unit Cost $ This ratio provides insight into how quickly a business can convert its stock into sales. Immediate access to data is crucial for adapting to market changes and maintaining operational efficiency.

Inventory Turnover 52

Inventory Turnover Payment Services Dead-Stock Inventory Management 52

Retalon

FEBRUARY 10, 2022

Bad inventory is an expensive problem. Trillion annually as a result of bad inventory. Managing inventory becomes exponentially more complicated as a retailer grows; and often becomes an overwhelming challenge. What is bad inventory called day-to-day? Indicators you’re managing bad inventory.

Management 41

Management Inventory Turnover Inventory Management Dead-Stock 41