Inventory

2 min read In the world of retail, inventory management is a crucial part of ensuring the flow of goods and meeting customer demands. One of the key activities within inventory management is

4 min read The barcode turned 50 years old on April 3rd. Today, another standard, the QR code, threatens its reign. According to GS1 data, barcodes are scanned 10 billion times a day

2 min read Retailers have learned from the disruption that affected their supply chains during the pandemic and now have several options to reduce inventory levels and avoid reliving uncomfortable situations of overcrowded

3 min read In an omnichannel world, returns are more complex and if retailers are not careful, the cost of handling returns can quickly erode their profit margins, not to mention customer relationships.

2 min read Many retailers are realizing that their old methods of handling inventory and fulfilling orders are no longer enough to stay competitive in today’s retail climate. In 2018, Amazon added $35

3 min read Every retailer knows that being able to accurately forecast demand for products is a key  capability if they want to optimize inventory levels, reduce costs and,  equally importantly, keep customers

2 min read Everyone likes a bargain, particularly fashion consumers and the spectacular growth of factory outlets and other off-price fashion chains indicates how popular the idea of buying high-quality fashion at bargain

3 min read Midway through August, retailers still have time to capitalize on a significant piece of the $82.8 billion pie predicted by the NRF this year by leveraging their omnichannel capabilities. According to last year’s