Inventory Management
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Inventory Management
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by Administrator 05.22.2017
Retail store closings are sweeping across the country. Even though the National Retail Federation predicted a good year for retailers, “especially for brick-and-mortar stores that added an e-commerce component to their business,” a research report from Credit Suisse said “ that it’s...
Retail store closings are sweeping across the country. Even though the National Retail Federation...
Retail store closings are sweeping across...
Inventory Management
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Inventory Management
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by Administrator 05.22.2017
Technology as tools for inventory management had retailers all a-buzz at this year’s National Retail Federation Big Show. That’s because to stay in the game, retailers must compete with Amazon, which continues to dominate the online shopping scene. To do that, retailers must have an effective...
Technology as tools for inventory management had retailers all a-buzz at this year’s...
Technology as tools for inventory management...
Inventory Management
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Inventory Management
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by Administrator 05.11.2017
Can your retail business absorb a yearly profit loss of two percent? This is the average hit retailers feel due to inventory loss, also called shrinkage. It’s a big problem. According to the National Retail Security Survey, in 2016, shrinkage issues cost retailers more than $49 billion. To put...
Can your retail business absorb a yearly profit loss of two percent? This is the average hit...
Can your retail business absorb a yearly...
Inventory Management
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Inventory Management
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by Administrator 05.02.2017
Nothing can take the place of humans in the warehouse, right? That’s true, but there is another disruptive technology rising above the horizon, and we need to pay attention. Many industries are already taking notice about the potential use of drones as another tool for managing inventory. An article...
Nothing can take the place of humans in the warehouse, right? That’s true, but there...
Nothing can take the place of humans in the...
Inventory Management
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Inventory Management
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by Administrator 04.28.2017
The retail industry is at a crossroads between technology and tradition. It’s too early to tell if online versus physical shopping will balance out so that both can be available for the discerning shopper. But one thing will never change – customer service, not only for the consumer, but...
The retail industry is at a crossroads between technology and tradition. It’s too early...
The retail industry is at a crossroads between...
General Information
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General Information
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by Administrator 04.18.2017
Technology seems to have a common purpose – to make our lives easier. If we were living a century ago, the very idea that we could conveniently order merchandise from a computer in the comfort of our home would have seemed farfetched.  Now it’s a way of life. Who knows what the future...
Technology seems to have a common purpose – to make our lives easier. If we were living...
Technology seems to have a common purpose...
General Information
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General Information
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by Administrator 04.11.2017
It looks like 2017 is shaping up to be a solid year for retail growth. That’s because consumers are feeling more confident about parting with their hard-earned dollars. According to predictions from the National Retail Federation (NRF), sales growth could range between 3.7 and 4.2 percent. However,...
It looks like 2017 is shaping up to be a solid year for retail growth. That’s because...
It looks like 2017 is shaping up to be a...
Inventory Management
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Inventory Management
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by Administrator 04.04.2017
Retail businesses sure have changed since the days of the good old “general store.” Of course, general stores still exist but it would be rare these days if they don’t have a website and an online shopping cart, too. The question is, along with offering the ability to shop online,...
Retail businesses sure have changed since the days of the good old “general store.”...
Retail businesses sure have changed since...
Inventory Management
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Inventory Management
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by Administrator 03.21.2017
Spring is here and with its arrival comes that sense of wanting to spruce things up. You know, do some “spring cleaning.”  With the shift in seasons, especially in cold-weather climes, maybe now is a good time to tackle a reorganization of your inventory storage methods.  When...
Spring is here and with its arrival comes that sense of wanting to spruce things up. You know,...
Spring is here and with its arrival comes...
Inventory Management
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Inventory Management
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by Administrator 03.14.2017
Let’s get serious. About 43% of small business owners are not using technology to track inventory, or they’re using a manual process for perhaps the most mundane area of running a retail business. Are you one of them? The bigger question is, why?  It’s just crazy. If you haven’t...
Let’s get serious. About 43% of small business owners are not using technology to track...
Let’s get serious. About 43% of small...
Inventory Management
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Inventory Management
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by Administrator 03.07.2017
How often do you run warehouse inventory reports? If you’re not all that consistent about staying on top of your inventory, especially if you have more than one storage location for your business, you could be losing money. You need to stay on top of what’s going on with your short-term...
How often do you run warehouse inventory reports? If you’re not all that consistent about...
How often do you run warehouse inventory...
Inventory Management
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Inventory Management
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by Administrator 03.03.2017
We say it all the time. You need an efficient inventory management system to run an efficient retail business. And if your operation is big enough to need a warehouse to store what you sell, all the more reason to embrace today’s inventory management technology tools to ensure that efficiency. But,...
We say it all the time. You need an efficient inventory management system to run an efficient...
We say it all the time. You need an efficient...
Inventory Management
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Inventory Management
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by Administrator 02.20.2017
If you run a small to mid-sized retail shop, it wouldn’t be unreasonable to feel competitively squeezed out of potential customers by ecommerce sites like Amazon. But that doesn’t mean your business can’t rise above the competition. Sure, we all like a good bargain. And it’s...
If you run a small to mid-sized retail shop, it wouldn’t be unreasonable to feel competitively...
If you run a small to mid-sized retail shop,...
Inventory Management
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Inventory Management
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by Administrator 02.14.2017
Do you like to play guessing games? They are great brainteasers to play at holiday parties, or on rainy summer days on vacation, for example. You know the ones. Like “Charades,” where you have to act out something without saying anything and everyone has to guess what you’re trying...
Do you like to play guessing games? They are great brainteasers to play at holiday parties,...
Do you like to play guessing games? They...
Inventory Management
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Inventory Management
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by Administrator 02.07.2017
Thomas Edison said, “Opportunity is missed by most people because it is dressed in overalls and looks like work.” Think of this quote in terms of managing inventory for your retail business. Counting, tracking, pricing, storing, and, of course, fulfillment.  Sounds mundane. But, these,...
Thomas Edison said, “Opportunity is missed by most people because it is dressed in overalls...
Thomas Edison said, “Opportunity is...
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