Making good assortment decisions in retail is all about getting things right consistently. That requires good planning and that in turn requires good data.
Getting pre-season allocation to your stores wrong can lead to lost sales or the likelihood of huge markdowns.
In this blog series we would like to share some season management ideas to help you make the optimal planning and allocation decisions.
With the rise of e-commerce many traditional retailers have established an online channel to complement their core businesses.
Traditional inventory management limits as to what you can sell, and what you can’t, no longer apply in e-commerce.
How does one create meaningful forecasts for new products when there is no sales history at all?