Any retailer will tell you that keeping adequate in-store merchandise is a requirement for customer satisfaction. A recent study from IHL Group found that overstocks, out-of-stocks and needless returns cost retailers $1.75 trillion globally in lost revenue in 2015. Out-of-stocks alone are responsible for 4.1 percent of lost revenue for the average retailer, a significant […]
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Posted on November 21st, 2016
As the physical store and e-commerce converge, retailers need to think about selling as much from their digital inventory as they do from their stores
Continue reading "Inventory Distortion and the Value of Cycle Counting"
Posted on November 3rd, 2016
Leveraging RFID for “Pick to the Last Unit” Omni-Channel Fulfillment Download as PDF As a multi-faceted retailer with a smart combination of stores, online presence, technology, and business capabilities, Macy’s is committed to helping its customers shop anywhere, anytime, and anyhow they choose. Macy’s delivers fashion and affordable luxury to customers at nearly 800 […]
Continue reading "The Magic of Macy’s: A Retail Case Study"
Posted on October 28th, 2016