Managing the Complexity of Product Lifecycle Through Software
If you’re in retail, you have to understand product lifecycle. More importantly, you need to know how to manage the...
How to Approach Product Classification
An accurate product classification goes a long way to helping you to please any shopper who walks into your store. You could...
How Technology and Data Drive In-Store Sales
Considering the pace at which the retail industry evolves, you need to be forward-thinking. That’s especially true if you...
4 Cost Saving Benefits of Data-Driven Product Layouts
The retail apocalypse may have its origins in North America but that doesn’t mean there hasn’t been a knock-on effect for...
A Beginner's Guide to Safety Stock
Safety stock is a strategic tool which is critical for effective inventory management. Invest wisely, and you can provide...
A Beginner’s Guide to SKUs
After generating SKUs, you can keep track of what stock enters or leaves your retail store. That much is certain. But it’s...
5 Ways to Reduce Your Carrying Cost
Here’s a fact worth remembering: your carrying cost - the total cost accrued by you for holding stock over a period - can...
How An Organised Back of House Will Lead to Retail Success
Your back of house might not be as exciting as your storefront or front of house. It might not get the recognition it...
5 Store Clustering Mistakes That You Should Avoid
There is no doubt about the fact that performing a store clustering exercise is necessary. However, merely completing one is...
4 Key Elements For A Successful Field Marketing Strategy
In today’s retail environment, field marketing is an essential arrow in the quiver of any supplier. Approach it correctly,...