Navigating between high fill rates and carrying unsold stock that erodes your margins is a problem for any business. Add fast-changing customer demands and intensifying competition and the problem ...

In recent years, the drivers of image for luxury brands have been changing fast. Historically, the scarcity model of luxury has driven many brands to destroy surplus merchandise to maintain a certain ...

A product inventory sheet helps your small business keep track of items you use or sell. Each sheet lists a single product and keeps track of how much of the product is coming into your business and ...

Creating a virtual inventory for your brick and mortar or online small business offers several advantages over carrying only a traditional physical inventory, especially if you want to offer a product ...

Inventory management is the process of tracking where your products are at all times and when to order more. These techniques can improve your inventory management process, independent of software.

The past couple of years have taught retailers to be prepared for unexpected changes in customer demand and product supply. However, they have also highlighted the challenges retailers face when ...

There’s no magic formula for knowing how much inventory to carry, but there are best practices and calculations to follow. Many, or all, of the products featured on this page are from our advertising ...

If tossing spoiled products into the dumpster and paying suppliers’ restocking fees is costing your business money, here’s how to polish your inventory management approach and operate more sustainably ...

According to Adobe’s Digital Economy Index data, “buy online, pickup in store” (BOPIS) grew more than 250% year over year in August. The company also said that 30% percent of online buyers prefer ...

Distributors are under a great deal of pressure. Placing too much investment in inventory could keep you from investing in other areas of the business. Better visibility into your supply chain can ...