Blogs, guides, reports and news articles all in one place
Retail Analytics: Using Data To Build Customer Trust
30 Nov, 2019 • Helen Thomas
When tracked and used correctly, retail analytics can be a game changer for your retail business. You already know how important it is to track your key retail KPIs. You should also know how important it is to have POS data and POS reporting. You should also know how key retail inventory management is. We... Read more »
Inventory Management Software: Features And Benefits
30 Nov, 2019 • Helen Thomas
Having the right inventory management software is vital to all retailers, both small and large. With so many different inventory management software solutions on the market, it can be tough to figure out exactly what you’ll need. In this guide, we’re going to be discussing what benefits you’ll receive to once your inventory management is... Read more »
Cloud Based Inventory Management
23 Nov, 2019 • Helen Thomas
Cloud-based inventory management is the monitoring and maintenance of a businesses’ inventory levels using online software. With a cloud-based inventory management solution, it helps businesses avoid many of the errors and issues that plague traditional methods of measuring stock levels. With this type of inventory management software, you get a system that seamlessly tracks inventory... Read more »
Supply Chain Metrics: 12 key KPI’s you should be focusing on (part 2 of 2)
21 Nov, 2019 • Accelerated Analytics
For 15 years, Accelerated Analytics has provided key retail analysis and business intelligence for brands across the globe. From long-range retail weather reports to updated consumer statistics. In this short Retail Data Brief video, we quickly review the remaining 6 of 12 key Supply Chain metrics you should be focusing on. Part 1 of... Read more »
Supply Chain Metrics: 12 key KPI’s you should be focusing on (part 1 of 2)
21 Nov, 2019 • Accelerated Analytics
For 15 years, Accelerated Analytics has provided key retail analysis and business intelligence for brands across the globe. From long-range retail weather reports to updated consumer statistics. In this short Retail Data Brief video, we quickly review the first 6 of 12 key Supply Chain metrics you should be focusing on. Part 2 of... Read more »
Inventory Count: 7 Things You Should Know
20 Nov, 2019 • Helen Thomas
As a retailer, doing physical counts of inventory is likely one of the most annoying task you have to do. It’s a tedious task, counting store merchandise can take several hours, and for some merchants, it may require closing the store down for a period of time. While it’s likely not a job you’re fond... Read more »
Creating An Efficient Stocktaking Process
16 Nov, 2019 • Helen Thomas
The stocktaking process refers to the processes and procedures that are being used when new stock arrives to your business. Performing a complete stocktake a few times a year is essential for maintaining optimal inventory levels and minimizing losses in your retail or wholesale business. Yes, it can be time-consuming, frustrating and a pain in the... Read more »
Examples Of COGS (Cost Of Goods Sold)
13 Nov, 2019 • Helen Thomas
The growing popularity of online marketplaces like Amazon, Ebay and Etsy has driven massive growth for retailers of all sizes. Some of these companies operate exclusively through online retail, taking advantage of a worldwide target market that doesn’t carry high expenses. Despite leveraging the online marketplace, these retail businesses are still required to pay taxes... Read more »
Economic Order Quantity
10 Nov, 2019 • Helen Thomas
Economic Order Quantity, also described as (EOQ), is a measurement used in the field of Logistics, Operations and Supply Chain Management. In short, EOQ is a tool you can use to determine the volume and frequency of orders needed to satisfy a specific level of demand while minimizing your cost per order. If your assumptions... Read more »