5 Ways to Stave Off the Dreaded Stock Out

Failing to deliver a customer’s purchased product puts a serious damper on the customer experience. When inventory stock outs create a loss in loyalty and sales, what’s a retailer to do? “70 – 90% stock outs are caused by defective shelf replenishment practice, as opposed to the 10 – 30% resulting from the upstream supply

By |2019-11-05T14:50:38-05:00October 30th, 2015|Uncategorized|0 Comments

How to Simplify Purchasing throughout the Inventory Process

How can retailers toss their inventory spreadsheets aside and finally streamline purchasing? It’s as simple as implementing automated and effective purchase order (PO) management throughout the inventory process. Let’s start with the basics. Like what’s a purchase order and why is it so important? A PO is a sales contract between the buyer and seller

By |2019-11-05T14:50:38-05:00October 22nd, 2015|Inventory Management|1 Comment