Inventory Management
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Inventory Management
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by Administrator 12.20.2016
If one of your New Year’s resolutions for 2017 is to improve profitability for your retail business, you’re probably not alone with that one. What business owner doesn’t want to make more money? The real question is how are you going to do it?  The answer should be through an...
If one of your New Year’s resolutions for 2017 is to improve profitability for your retail...
If one of your New Year’s resolutions...
Inventory Management
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Inventory Management
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by Administrator 12.13.2016
It comes around every year – the inventory audit. It’s a crucial business practice that must be done accurately not only to ensure sales numbers are properly reported on financial statements but to also track product activity to forecast a plan for profitability for the new year. So are...
It comes around every year – the inventory audit. It’s a crucial business practice...
It comes around every year – the inventory...
Inventory Management
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Inventory Management
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by Administrator 12.07.2016
Now that the holiday gift-shopping season has kicked into high gear, it wouldn’t be a surprise if your primary focus as a retailer were on raking in as much in sales as possible. This time of year is, after all, when many retailers are hoping for a big bottom-line boost that can be between 20 and...
Now that the holiday gift-shopping season has kicked into high gear, it wouldn’t be a...
Now that the holiday gift-shopping season...
Inventory Management
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Inventory Management
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by Administrator 11.30.2016
The holiday shopping season is officially here and retailers are discovering that buying behaviors are changing, as evidenced by a far more sane, far less frenzied in-store Black Friday experience than in years past. That’s because there was far less foot track in stores than last year. According...
The holiday shopping season is officially here and retailers are discovering that buying behaviors...
The holiday shopping season is officially...
Inventory Solutions
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Inventory Solutions
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by Administrator 11.23.2016
Here it comes – the holidays. Those omnichannel retail business owners who made the smart decision to implement a solid technology-driven inventory management system this year may be feeling very thankful indeed at the dinner table on the day before Black Friday’s kickoff into the holiday...
Here it comes – the holidays. Those omnichannel retail business owners who made the smart...
Here it comes – the holidays. Those...
Inventory Management
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Inventory Management
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by Administrator 11.15.2016
This holiday season, big-brand retailers are doing a delicate balancing act when it comes to inventory management. Having just the right amount of merchandise for in-store and online shoppers is the name of the game, and since this time of year is crucial for sales and profits –the National Retail...
This holiday season, big-brand retailers are doing a delicate balancing act when it comes to...
This holiday season, big-brand retailers...
Inventory Management
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Inventory Management
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by Administrator 11.08.2016
Do you remember the Aesop’s fable about the grasshopper and the ant? The grasshopper wiled away the lazy days of summer while the ant industriously prepared for winter. Of course, we know the outcome to the story. When the season changed, the grasshopper was left out in the cold, while the ant...
Do you remember the Aesop’s fable about the grasshopper and the ant? The grasshopper...
Do you remember the Aesop’s fable about...
Inventory Solutions
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Inventory Solutions
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by Administrator 11.03.2016
If you had to rate counting inventory for your retail business on a scale from one to 10, with one being the least favorite task to accomplish, what would your answer be?  It wouldn’t be a surprise if your answer were number one. Counting physical inventory can be slow and tedious. It’s...
If you had to rate counting inventory for your retail business on a scale from one to 10, with...
If you had to rate counting inventory for...
Inventory Management
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Inventory Management
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by Administrator 10.26.2016
Clearly, having a handle on the ebb and flow of inventory levels in your store is key to profitability. If you’ve got the goods you’ll make the sale. Yet, 75% of retailers do not keep accurate counts of in-store inventory.   How can a store operate that way? Sam Walton, founder of...
Clearly, having a handle on the ebb and flow of inventory levels in your store is key to profitability....
Clearly, having a handle on the ebb and flow...
Inventory Management
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Inventory Management
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by Administrator 10.17.2016
The holiday buying season is getting close. Is your retail business ready to deliver?  According to eMarketer, many retailers have taken major steps this year to “improve their inventory systems and fulfillment options,” bracing for in-store shoppers and, more specifically, those consumers...
The holiday buying season is getting close. Is your retail business ready to deliver?  According...
The holiday buying season is getting close....
Inventory Management
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Inventory Management
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by Administrator 10.12.2016
To buy a can of paint, you used to have to get yourself to the local hardware store and hope to find the right brand and color. As we all know, shopping is a lot easier thanks to the internet of things – that interconnectedness we now have between our computers, mobile devices and the physical...
To buy a can of paint, you used to have to get yourself to the local hardware store and hope...
To buy a can of paint, you used to have to...
Inventory Management
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Inventory Management
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by Administrator 10.02.2016
Whether you like it or not, everyone is on Facebook – or at least 1.59 billion people around the world use Facebook every day. Of that number, 1.4 billion people are mobile users. So, the question is, do you advertise your retail business on Facebook? What are you doing to lure tech-savvy local...
Whether you like it or not, everyone is on Facebook – or at least 1.59 billion people...
Whether you like it or not, everyone is on...
Inventory Management
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Inventory Management
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by Administrator 09.26.2016
Would you say that the secret sauce for success for a retail business is inventory control? If you’re suppressing a yawn over that idea, take a lesson from two of the bigger supply chains that failed to deliver the goods. The question is, why?  In 2011, the Star Tribune reported that Best...
Would you say that the secret sauce for success for a retail business is inventory control?...
Would you say that the secret sauce for success...
Inventory Management
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Inventory Management
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by Administrator 09.19.2016
How vulnerable is your retail business to shoplifting? Even though “crime does not pay,” apparently that truism isn’t enough of a warning to deter the daring person determined to steal from a store.  According to the National Retail Federation (NRF), theft was the leading cause...
How vulnerable is your retail business to shoplifting? Even though “crime does not pay,”...
How vulnerable is your retail business to...
Inventory Management
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Inventory Management
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by Administrator 09.15.2016
Can you imagine sending a command through your cell phone to control the thermostat in your house so that the environment is just right by the time you get home from work? How about instead of driving yourself home you can tell your car to do it for you?  Such a world seems the stuff of science...
Can you imagine sending a command through your cell phone to control the thermostat in your...
Can you imagine sending a command through...
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