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Leaving Business on the Table

Understanding store distribution is a seemingly innocuous component of any retail replenishment analysis for consumer brands. Often overlooked, or...

How Walmart Collaborates With Its Vendors

Sam Walton opened his first Walmart store on July 2, 1962, and within 5 years he owned 24 stores. The rest is history! The company now employs 2.2...

The Devil’s in the Details

The department store model in Asia is almost always stores within stores.  The department store owners are in effect landlords who provide the space...

Margin vs Stock Optimization

Theoretically margin has to end at about 99.9%. At this point suppliers would be charging you $10 for an item that sells at $10,000. Your gross profit...

Inventory Management – “The Sophisticated Way”

Inventory management is an art, not a science, and is a serious challenge for even the best retailers in the world. The permutations of items and...

Are You Just a Vendor or a Supplier Partner?

Relationships between buyers and sellers have existed since humans began trading goods and services. These relationships developed in a natural way...