Dead-Stock Inventory Management Shopping 
Retail TouchPoints
DECEMBER 25, 2023
People have been saying “Retail is dead” for several years now. No, retail isn’t dead. Bad retail is dead. Manage your Inventory Exceptionally Well Online shopping has taught customers to expect near-instant gratification, and not having a product available for customers to buy when they want to buy it is the opposite of that.
Inside Retail
OCTOBER 26, 2023
The appeal of in-store shopping in a thriving e-commerce era is not diminishing – but it is evolving, according to new research commissioned by technology company Lightspeed and Inside Retail. “It The report showed that customers expect both greater convenience and additional services from shopping in-store rather than online.
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Retail TouchPoints
JULY 14, 2023
Generative AI is set to revolutionize ecommerce, enabling a more interactive and personalized shopping experience, which is integral to both attracting and retaining customers. With AI, brands can analyze customer behavior across shopping channels to provide highly customized product suggestions. The possibilities appear to be endless.
Inside Retail
MARCH 21, 2024
Choco Up’s founder and CEO Percy Hung says e-commerce has revolutionised the way consumers shop with today’s shoppers demanding personalised experiences, seamless transactions, and swift delivery – all while expecting exceptional value and quality. Finding out it’s unavailable feels like a dead end.
Retail Times
MARCH 16, 2021
It’s where your management office will be located, where you’ll receive shipments, where your staff will first discover the exciting new inventory, and where your extra stock will live. Manage it right, and the stockroom will help you run a tight ship. Once she “ found a dead mouse in a ‘return to vendor’ pile!” .
I Vend
SEPTEMBER 1, 2022
Flawless inventory management – inventory sitting in the warehouse represents a cost to retailers; a cost that can be managed down if stock turns can be increased. Online/offline integration – shoppers want the choice to shop via ecommerce solutions, brick and mortar, or a combination of the two.
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. Additionally, regular inventory audits are essential to identify non-performing items.
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