By: Jul Domingo The future is here. Cutting-edge technology has become an essential part of day-to-day business operations. Firms with strong AI initiatives have reaped twice the benefits as those that don’t. AI has led…
Became a retail mastermind you always wanted to be.
By: Jul Domingo Your suppliers—how well do you know them? Perhaps you can identify their names, products, and some of their key personnel. But can you describe their supply chain dynamics, risk management strategies, and…
By: Jul Domingo The retail industry already knows it: Better inventory management = faster growth. But inventory management is a complex matter, involving different steps from the minute you order from your supplier to the…
By: Jul Domingo Retail companies are vulnerable to two issues: economic woes and inefficient internal processes. These stumbling blocks have made business ownership harder for 72% of entrepreneurs. But unlike economic issues, you can do…
By: Jul Domingo When ASOS opened a new warehouse in the US, inventory ran out. Orders from customers piled up. Despite having multiple warehouses and a large apparel inventory, the ecommerce giant failed to fulfill…
By: Jul Domingo As a wholesaler, you connect manufacturers and retailers on a financial and geographical level. Being in the go-between means buying in bulk and pricing your products just so, putting you at significant…
Written By: Jul Domingo Retailers’ hoarding habits have now spread to warehouses. After stocking up on goods ahead of supply chain disruptions, they’re scrambling to find a home for their mountains of merchandise. Big-box retailers…
Written By: Jul Domingo Overstocking, or inventory bloat, hurts your bottom line. Even big-box retailers such as Target can’t survive its wrath. By June 2022, the retail giant had resorted to swift measures to reduce…
Written By: Jul Domingo Although e-commerce remains strong, the retail sector as a whole faces challenges. Inflation and layoffs have weakened customer purchasing power. While the aftermath of COVID-19 and global conflicts continue to create…
By: Jul Domingo Small businesses typically use excel sheets or a small inventory management system to keep track of their assets. But growth can change that. A fast-growing enterprise needs a more sophisticated approach. One…
