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Retail Insights
Read and share our blog on all things retail, by our retail experts.
The Cost of Out-of-Stock Items : How Independent Retailers Can Win Back Lost Sales
In today’s competitive retail landscape, stockouts are a silent revenue killer, estimated to cost retailers $1 trillion annually. Find out how they impact your revenue and customer relationships, and how advanced inventory management systems can help you keep shelves stocked with the right products at the right time.
How to Leverage Post-Holiday Sales Data to Plan Inventory for the Year Ahead
After the holiday rush, retailers face a crucial task: analyzing sales data to inform inventory planning for the year ahead. Find out the three key steps to leverage post-holiday sales data and how inventory management software can ease this process to effectively plan your inventory this year.
The Ultimate New Year Checklist for Retailers: Setting Up your Inventory for Success
Retailers should consider the new year as the best time to start on the right foot. Whether you’re looking to enhance stock accuracy or streamline replenishment, this checklist will guide you through the essential steps to set up your inventory for a successful year.
Expensive Inventory Mistakes for Retailers - and How to Fix Them in 2025
Inventory management is one of the most critical aspects of retail operations—and one of the most costly when handled poorly. Here are 5 costly inventory mistakes and how retailers can avoid them using smart inventory management tools in 2025.
Maximixing Profits in January with Smarter Inventory Forecasting
Retailers who started using Management One’s inventory planning and forecasting tools on average saw a 20% sales increase in the 12 months following adoption compared to the previous 12 months. Here are 3 ways retailers can maximize profits in January by doing the same.
Maximizing shoulder season success: Strategies for profitable seasonal transitions
All retailers focus on the rush of the peak season, but what about those quieter in-between months ? Here are 3 practical ways to maximize the shoulder season and smoothly transition seasons profitability with effective retail technology.
5 Inventory Management Trends Retailers Need to Watch in 2025
In 2025, retailers will be greatly influenced by advancements in retail inventory management and POS systems to streamline their operations. Here are five inventory management trends retailers should keep a close eye on in 2025.
2025’s Top 3 Inventory Hacks to Boost your Bottom Line
It’s no secret that retailers who improve their retail inventory management systems can boost the overall performance of their retail business: an increase of 4-8% in sales can be achieved simply by improving inventory record accuracy. Find out three inventory hacks to boost your bottom line in 2025 and how retail inventory management systems come into play.
Smart Solutions for Handling End-of-Season Excess Inventory
Find out three smart solutions for handling end-of-season excess inventory and how retail POS systems come into play.
5 Proven Markdown Strategies to Maximize Profit This Season
Marking down products at the right time and in the right way ensures that retailers don't just survive the holiday season, but thrive by meeting both sales and inventory targets. Here are five proven markdown strategies for retailers to maximize profits this season.
3 Proven Strategies to Avoid Excess Inventory in January
Intelligent inventory management is imperative to avoiding the negative financial impact of unsold stock. Here are three strategies to help you optimize your business’ inventory management as you move from the holiday season and into the new year.
Retail Merchandising Trends: The Shift Towards Data-Driven Inventory Planning
Make no mistake about it: The retail landscape is undergoing a transformative shift towards data-driven inventory planning, catalyzed by technological advancements and changes in consumer behaviour.
10 Common Mistakes in Inventory Planning
Effective inventory planning is critical for the success of any retail business. However, many businesses struggle with common mistakes that can lead to overstocking, stockout’s, and financial losses. Here are 10 common mistakes in inventory planning and how to avoid them…
Guide: Essential Skills for Retail Success
This comprehensive guide explores the fundamental skills necessary for thriving in the retail industry. It focuses particularly on retail inventory planning and provides practical tips and insights for retailers aiming to refine their craft and elevate customer satisfaction and loyalty levels.
Retail Success: Mastering the Art of Inventory Management & Planning
This article delves into the essential strategies for optimizing inventory levels, drawing from industry best practices and expert insights. Plus, you’ll learn how Management One can revolutionize your retail operations with customized solutions tailored to your specific needs.
1+1=3: funny math or a real metric?
1+1=3 is a metaphor expressing exponential benefits and results that are achieved through a collaborative effort or partnership.
Open to Buy Planning: A Retailer's Guide to Inventory Success
Mastering Open to Buy planning is about strategically managing your retail operations to enhance profitability and ensure customer satisfaction. By understanding and effectively implementing the principles of OTB, retailers can optimize their inventory processes to not only survive but thrive in the competitive retail market
Underperformance: How Identifying and Solving it Leads to Growth
Do you feel like you have hit your ceiling? You are not sure what to do next, and everything feels like a risk? This can also bring about a sense of being overwhelmed and therefore, not being able to focus on what will take your business to the next level.
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