Darren Schwartz and Doug Nolan found themselves with a problem. The successful small chain of tobacco industry stores they owned were in need of a new inventory and pricing system, but nothing that was on the market at the time was a good fit. What to do? Well, if you’re Schwartz and Nolan, the answer was simply to build your own specialized software system and move forward.
Browsing: inventory
In the headlong rush retailers face when developing sophisticated e-commerce websites and viral social media campaigns, it seems that establishing the traditional three Rs of retailing has fallen by the wayside.
Inventory changes constantly. Throughout each day, sales, returns, new receipts—even damage and theft—affect your stock levels.
Anyone who has tried to sell on Amazon knows it is not as easy as it looks. You have to determine which products will sell best, what the pricing should be, and what kind of shipping you want to provide.
Creating a financial plan for your business is an essential step in preparing for a successful year.
The National Retail Federation predicts that sales in November and December of 2015 will total around $630.5 billion.
When companies think of the holiday season, they usually think of turning over a lot of new merchandise.
The selling process has changed dramatically over the last 20 or so years. Handshakes and signatures have turned into mouse clicks and keyboard strokes.
From decorations and lights to signage and displays, holiday season is just around the corner and retailers need to make sure they prepare their stores for the influx of buyers.
In the digital age, one thing is certain. Consumers crave instant gratification.