Drop-Shipping Management Markdowns 
Wiser
APRIL 7, 2020
Inventory management will rarely be the only thing that makes a retailer successful, but it can absolutely be the something that breaks you. Knowing what your customers like is one thing, but understanding how much of each item you need on shelves and how to price them is where inventory management can go awry. Don’t believe us?
Retail TouchPoints
OCTOBER 3, 2023
It was no longer enough to route orders to a handful of DCs and drop ship vendors. The digital channel typically had one or more dedicated facilities, which ironically were often planned and managed like an individual additional brick-and-mortar location. Checking inventory in a local store but not placing an order?
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Wiser
AUGUST 24, 2017
They are also a way to ensure markdowns and promotions are effective. If your markdown and sale patterns become obvious to your consumer, they will wait for those markdowns and hold off on shopping until a promotion rolls around. Free shipping with a minimum threshold can also help increase average order value.
Retail TouchPoints
NOVEMBER 3, 2020
Retailers, particularly those in the apparel, footwear and soft goods verticals, have an opportunity to turn the lemons from COVID-19 into lemonade, according to Keith Jelinek and Richard Maicki, Managing Directors in the Performance Improvement Practice of Berkeley Research Group (BRG). What can the retailer learn from and improve?
RETAIL MANAGEMENT SOFTWARE
MARCH 11, 2022
Do you know how to manage your inventory as effectively as possible? What are the inventory management best practices? If you can’t answer these questions, it’s time to reconsider how you manage your inventory. Inventory management best practices enable you to run your business most effectively and profitably.
Inside Retail
AUGUST 25, 2022
Suppliers were going broke left, right and centre, so it was all about the efficient management of inventory. But the biggest risk is buying and the efficient management of our working capital. Of course, you also have to manage costs, but that’s always important. We also had a forensic focus on our inventory stock turn.
Wiser
APRIL 13, 2021
Plus, the infrastructure is already in place to help warehouse, sell, and ship your products. Dropping your prices aggressively, especially below profitability, can be a short-term play to boost sales that doesn’t translate well on a marketplace. Turn to Markdowns and Promotions. With the popular U.S.
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