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...
Relationships between buyers and sellers have existed since humans began trading goods and services. These relationships developed in a natural way...
The Open to Buy is a highly effective blunt instrument used by most general merchandise retailers to plan their purchasing and control inventory. I am...
GMROII (Gross Margin Return on Inventory Investment) is one of those terms that is bandied about a lot, but yet is surprisingly poorly understood. The...
We’ve researched five strategic tools you can use to increase sales and maximize profits in the retail industry. These tools give you the resources to...
Suppliers and buyers working together collaboratively as a team can have a dramatic effect on achieving business goals and increasing sales. Here is...