Blog

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...

The Open to Buy

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...

Is Your Stock Investment Really Working?

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...

5 Tools That Help You Run a More Profitable Retail Supplier Business

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...