Tagged: product management
Supply chain management for retailers is a topic that deserves more than a single blog post, but it does bearing mentioning that you should be controlling your inventory rather than your inventory controlling you....
In retail, product management is one of the most important operational concerns. If you don’t manage your inventory effectively, you could have tons of losses, which eat into your profits, spend countless hours looking...
The point of sale is where you and your customer meet face to face for the ultimate business transaction. They buy, you sell. But what happens if the customer can’t find the product they’re...
Retail jewelers have a unique business model and some unique retail challenges that other types of retail stores typically don’t encounter. For that reason, you deserve a different kind of solution that can assist...
In June 2018, 49% of the world’s Internet users were in Asia. Only 8.2% were in North America. However, Europe had 16.8%, and Africa had 11%. What do these percentages mean in terms on...
In 2019, web order fulfillment is so essential to retail operations that any retail store or chain that isn’t at least on the way to implementing it will soon breathe its last. In every...
Warehouse management is one of the most important aspects of retail operations management. If your warehouse is inefficient, your entire retail operations will likely be inefficient. And losing money. There are three essential components...
Retailers can make their product management practices much more efficient is they centralize them. Rather than have each store manage its own inventory, pull it all up to the operations level where you can...
Every retail operation must spend some time clienteling. You’ve got to make sure you collect accurate information on your customers and that you use that information responsibly to meet your customers’ needs. Are you...
Operations management for a large department store, especially for a chain of large department stores, can be quite a challenge. When you sell merchandise in many different product categories–such as sports, clothing, toys, furniture,...