Inventory Management
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Inventory Management
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by Administrator 09.20.2017
Guess what’s coming sooner than you think? The holiday season, which is, of course, the most important time of year for retailers. If you want to gain profits in December, then September is the perfect time to get prepared. Early fall can be a relatively “quiet” time for retailers...
Guess what’s coming sooner than you think? The holiday season, which is, of course, the...
Guess what’s coming sooner than you...
Inventory Management
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Inventory Management
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by Administrator 09.07.2017
Running a profitable small retail business these days is not easy, thanks to e-commerce giants like Amazon, which have significantly raised the bar for attracting customers. Even so, there is one specific thing small retailers can still do to counter this cultural shift in shopping behavior and that...
Running a profitable small retail business these days is not easy, thanks to e-commerce giants...
Running a profitable small retail business...
Inventory Management
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Inventory Management
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by Administrator 09.05.2017
If you walked into a store for the first time and you saw unorganized shelves of merchandise, maybe even boxes of stuff cluttering the aisles, what would be your first impression? Perhaps you’d think, “Wow, this place has so much stuff. Sales must not be so great.” Or, “Wow,...
If you walked into a store for the first time and you saw unorganized shelves of merchandise,...
If you walked into a store for the first...
Inventory Management
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Inventory Management
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by Administrator 09.05.2017
If you run a retail business, you know how important it is to keep tight control of inventory. But have you hit on the best way to get the job done?  One strategy is to train employees to count inventory on a regular basis. Certainly, doing the job in-house seems like a cost-effective way to go....
If you run a retail business, you know how important it is to keep tight control of inventory....
If you run a retail business, you know how...
Inventory Management
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Inventory Management
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by Administrator 08.15.2017
Inventory management is key to running a successful retail business so it makes good business sense to use an outside professional inventory management service to keep things in check for you on a regular basis. But what’s your strategy for maintaining tight day-to-day inventory control? Who’s...
Inventory management is key to running a successful retail business so it makes good business...
Inventory management is key to running a...
Inventory Management
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Inventory Management
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by Administrator 08.06.2017
How often do you count inventory for your retail business? The standard is twice a year, often at the end of January and the end of July. But, there is a downside to tackling this most crucial aspect of running your business in this way.  It takes time. And to get the job done accurately, with no...
How often do you count inventory for your retail business? The standard is twice a year, often...
How often do you count inventory for your...
Inventory Management
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Inventory Management
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by Administrator 07.25.2017
Business consultant Peter Drucker once said, “Time is the scarcest resource and unless it is managed nothing else can be managed.” As a retail business owner, if this statement resonates with you, chances are, you think a lot about how to best manage the time of your employees while they’re...
Business consultant Peter Drucker once said, “Time is the scarcest resource and unless...
Business consultant Peter Drucker once said,...
Inventory Management
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Inventory Management
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by Administrator 07.25.2017
This internet-driven era, with its emphasis on accessibility and convenience, is perhaps the most challenging of times for brick-and-mortar retailers struggling to keep their doors open to attract foot traffic while competing against the web traffic of online shoppers. Regardless of whether it’s...
This internet-driven era, with its emphasis on accessibility and convenience, is perhaps the...
This internet-driven era, with its emphasis...
Inventory Management
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Inventory Management
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by Administrator 07.14.2017
Do you know what supply chain leaders think is the most important area of technology to invest in? It’s supply chain visibility. Not future technologies, such as drones or artificial intelligence, but rather, the technologies currently available to improve supply chain logistics, from manufacturer...
Do you know what supply chain leaders think is the most important area of technology to invest...
Do you know what supply chain leaders think...
Inventory Management
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Inventory Management
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by Administrator 07.06.2017
Would you agree that revenue growth depends on customer growth?  According to the 2017 State of Small Business Report, 69 percent of small businesses are expecting an increase in revenue in 2017.  But to realize that growth, it will take some doing, which is why 40 percent of small business...
Would you agree that revenue growth depends on customer growth?  According to the 2017...
Would you agree that revenue growth depends...
Inventory Management
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Inventory Management
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by Administrator 06.29.2017
Do you know how today’s sophisticated technology has changed inventory management and how it is impacting business from supplier to warehouse to consumer? According to Logistics Manager, “…retailers and manufacturers are increasingly seeing the supply chain as a source of competitive...
Do you know how today’s sophisticated technology has changed inventory management and...
Do you know how today’s sophisticated...
Inventory Management
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Inventory Management
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by Administrator 06.20.2017
For your retail business to thrive in today’s Amazon-driven marketplace, you know how important it is to continually tweak strategies for improving the customer experience. After all, happy customers are key to robust sales profits. To attract new customers, whether it’s to your online store...
For your retail business to thrive in today’s Amazon-driven marketplace, you know how...
For your retail business to thrive in today’s...
Inventory Management
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Inventory Management
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by Administrator 05.22.2017
Retail store closings are sweeping across the country. Even though the National Retail Federation predicted a good year for retailers, “especially for brick-and-mortar stores that added an e-commerce component to their business,” a research report from Credit Suisse said “ that it’s...
Retail store closings are sweeping across the country. Even though the National Retail Federation...
Retail store closings are sweeping across...
Inventory Management
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Inventory Management
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by Administrator 05.22.2017
Technology as tools for inventory management had retailers all a-buzz at this year’s National Retail Federation Big Show. That’s because to stay in the game, retailers must compete with Amazon, which continues to dominate the online shopping scene. To do that, retailers must have an effective...
Technology as tools for inventory management had retailers all a-buzz at this year’s...
Technology as tools for inventory management...
Inventory Management
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Inventory Management
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by Administrator 05.11.2017
Can your retail business absorb a yearly profit loss of two percent? This is the average hit retailers feel due to inventory loss, also called shrinkage. It’s a big problem. According to the National Retail Security Survey, in 2016, shrinkage issues cost retailers more than $49 billion. To put...
Can your retail business absorb a yearly profit loss of two percent? This is the average hit...
Can your retail business absorb a yearly...
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