Inventory Management

Preparing for Black Friday: The Role of RFID
November 16, 2022 at 6:54 pm

Black Friday sales are anticipated to continue their upward trajectory, as retailers capitalize on the opportunity to preserve market share early in the holiday season and shoppers still strongly resonate with bargain pricing. Having established itself as the traditional beginning of the holiday shopping season, despite recent trends to shift spending earlier in the cycle,…

How to Reset Your Inventory Management Strategy
November 10, 2022 at 9:57 am

Brands and retailers have never seen anything like this — rapidly changing consumer preferences, ongoing supply chain disruptions, an influx of inventory for some, all under the cloud of a looming recession. Anticipating consumer behavior in this market is challenging. And being able to get what you need when you need it is complex, which…

Fashion Brand Struts to Lightning 50 Success Using Inventory Planner
November 9, 2022 at 11:12 am

Some retail brands are born in boardrooms, others are created in more unconventional circumstances — and J Brooks Boutique, an Atlanta-based online fashion business, is one of those brands. In 2016, its founder, Jessica (Jes) Brooks, bought a sewing machine from a catalog using points she earned as a reward for her performance in her…

Solving the Supply-Demand Puzzle
October 27, 2022 at 11:44 am

What a difference a year or two can make. During 2020 and 2021, retailers struggled to keep up with demand for many items, largely due to supply chain bottlenecks and labor shortages. Shortly after the pandemic started and through last year, a significant reduction of markdowns and in-store promotions took place because retailers could leverage…

5 Actionable Insights for E-Commerce Sellers Ahead of the Holiday Season
October 12, 2022 at 2:42 pm

Just like that, the holidays are around the corner. If you're an e-commerce merchant, these next few months should bring plenty of opportunities for you to sell. The bustling shopping season starts on Thanksgiving itself (yes, you better believe it) and lasts until Christmas. E-commerce sales during this period generally have been a boon for…

Navigating Today’s Inventory Crunch: Where AI is Fitting In
October 3, 2022 at 1:20 pm

Despite the optimism within the retail industry that a return to normal might be seen at some point in 2022, as we move through the back half of the year, the state of the retail industry is perhaps in a more vexing and fragmented state than it was when the year began. After two-and-a-half years…

Nike to Increase Promotions to Clear Out Inventory
October 3, 2022 at 10:07 am

Nike reported last week a 44 percent increase in inventory compared to the prior year period, driven by an increase in inventories from ongoing supply chain volatility. As a result, the sportswear brand plans to ramp up discounting and promotions to clear out some of its $9.7 billion in footwear and apparel before the holidays. On…

A Unique Peak — Again
September 28, 2022 at 3:50 pm

Agility is the name of the game this year as brands prep for the peak season while navigating this volatile and uncertain market. As American consumers grew more pessimistic over the summer amid inflation and persistent supply chain disruptions, brands have learned some valuable lessons operating in the midst of uncertainty which can help them adjust to market…

Protecting Margins With a Modern, Consumer-Obsessed Strategy
September 27, 2022 at 11:35 am

Today’s consumer is far more informed, far more discerning, and has far more choices than just 20 years ago. The rise of e-commerce, social media, and digital marketplaces lowered the barriers to entry for new, innovative and nimble direct-to-consumer (D-to-C) brands, which has made the competitive landscape increasingly crowded. With the ability to now buy…