Making good assortment decisions in retail is all about getting things right consistently. That requires good planning and that in turn requires good data.
Why has store-specific planogram solutions been focusing on optimizing the whole planogram when the most important 20% gives us 80% of the benefit?
Rapid-fire planogramming doesn’t have to be difficult – once you establish a rhythm for the operation it becomes second nature.
There are two major outcomes when it comes to stocking up for a season. Although you might have solved these, the root of the problem can still be apparent.
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?