Remove Finance Remove Inventory Management Remove Planning
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How Online Businesses can Master Inventory Management to Impact Operations

Retail TouchPoints

There’s an inventory sweet spot you’re always looking to achieve — not overstocking, not understocking, and still managing to keep up with changing buyer demands. Learning to master your inventory management processes can net significant bottom-line results in your ecommerce business.

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Meet the Aussie e-commerce aggregator that plans to be a unicorn next year

Inside Retail

It has already acquired several e-commerce businesses in Australia, where it plans to focus its efforts. Because we manage a portfolio of a large number of brands, we are able to spot things that are working successfully in one part of the portfolio and then very rapidly roll them out across all the rest of the brands,” he said.

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The gift of inventory management this holiday season

I Vend

We can see the importance of inventory management during the three key stages of the holiday season: Preparation – before the holiday season rush, retailers need to plan and forecast to ensure they know what is most likely to sell, via which channel and in which stores. . weeks, down from a pre-pandemic shopping season of 7.4

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Deloitte: Retailers Should Prepare for ‘Holiday Hangover’ in 2023

Retail TouchPoints

Deloitte found that 51% of lower-income earners and 38% of higher-income earners felt that their finances took a turn for the worse in 2022. The challenge for retailers is understanding where their customers will be six months from now and positioning their inventories, promotional plans and overall business outlook accordingly.

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Strong Coach Results Help Parent Company Tapestry Achieve $1.5B in Q1 Revenue

Retail TouchPoints

Inventory levels for the quarter were 17% below the prior year, which Tapestry attributed to “disciplined inventory management and a lower level of in-transits relative to last year.” “As The purchase will be funded via a combination of permanent financing, term loans, excess Tapestry cash and anticipated future cash flow.

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Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks

Retail TouchPoints

The Evolving Threat Landscape Retailers increasingly rely on digital platforms for sales, inventory management and customer engagement. Ensuring business continuity plans include appropriate responses to network outages, breaches and ransomware attacks. Conducting a third-party audit of cybersecurity protocols.

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As the Holidays Approach, it’s Time to Rethink Retail Pricing Methodology…and AI Can Help

Retail TouchPoints

In addition to this timing variation, over 60% of shoppers plan to do their browsing online, yet 85% expect to buy at least one product in a store. AI-driven demand planning using current sales data can recommend the best markdowns for a clean transition with the highest profitability given the current inventory levels at each location.

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