We all know, inventory management is a foundation for retail profitability. Yet, in talking to hundreds of retailers we've discovered that many are either not practicing modern inventory methods or are simply overwhelmed by the amount of inventory data they are now able to track with modern POS software. Either way, we thought a refresher was in order! Our NEW Retail Inventory Management Report has just been published and in it you will find valuable inventory insight, tips and techniques from retail experts!
“43% of small businesses do not track their inventory or use a manual process.” ~ wasp barcode
Malls, chain stores, the internet… independent retailers have weathered a lot over the past few decades, and will continue to do so. Yet, even as retail continues to change drastically and the “Amazon effect” shows no sign of abating, the outlook for retail is bright, especially for retailers who are agile, resilient, creative and laser focused on using data to drive inventory management. Our retail inventory management report is designed to share not only why inventory data from POS software is the cornerstone for retail success, but also to provide a practical framework for retailers to harness it and become more agile in their approach. Our retail inventory management pdf is complimentary!
In the report, learn why Marc Weis, CEO of Management One, a global retail planning consultancy, is very positive about the future of retail. In fact, he believes that the tools and resources needed to become successful have become democratized, making it possible for small to mid-size retailers to actually compete (even against larger retail enterprises). He believes that their ability to be nimble is a huge strength. Get his perspective as well as inventory tips, techniques and best practices that you can put to use today!
Topics: Inventory Management