Retail businesses rely on sales to earn revenue and increase profits. These companies purchase merchandise and resell it to customers. Inventory control involves considering which items to buy and the ...

Inventory accounting uses either a periodic or perpetual method for reporting. According to the book "Getting the Count Right: Understanding Inventory Accuracy," perpetual inventory systems work best ...

With this guide, learn how a point-of-sale (POS) system can transform your business by increasing sales, maximizing results ...

Every day is a juggling act for multichannel retailers who need to quickly fulfill customer orders for items purchased online, in-store, via supplier warehouses and through other channels. Today’s ...

Real-time inventory data management has been a game changer in the retail industry. However, one of the biggest data issues is knowing the status of inventory at any given point of time — from the ...

Samsara transforms IoT sensor data into AI insights for retail operations, revolutionizing inventory management and ...

Eft's Head of Retail, Priyanka Asera, kicked off the D3 Retail Supply Chain Summit's theme telling the story of how she waited 12 weeks for a cream leather couch, only to call the furniture company ...

From supply chain disruptions to shifting seasonality and evolving fashion trends, a majority of America’s leading retail brands are constantly left with excess inventory that simply won’t sell.

Nike (NKE 0.93%) has been investing in technology to track its inventory. This includes putting RFID chips in its shoe packaging so it can know how its shoes are selling. In theory, this would allow ...