The Burden of Manual Store Audits Walk into any retail store in the morning or late evening, and you might see them: associates or managers with clipboards (or scanning devices) in hand, walking the aisles, checking if everything is in its rightful place. These planogram compliance checks – verifying that products are displayed exactly […]
The Real Cost of Excess Inventory Retail continues to pay a heavy price for inventory imbalance. According to IHL Group’s latest research, inventory distortion — the combined impact of overstocks and stockouts — costs the global retail industry more than $1.7 trillion annually, or roughly 6% of total retail sales. A significant portion of that […]
The High Cost of Empty Shelves Every retailer knows the sinking feeling of an empty shelf where a top-selling product should be. A customer comes in looking for their favorite item – only to find a blank space. Stockouts are more than just momentary hiccups; they’re a silent revenue killer. In fact, recent research shows […]
During this time, as a company we are embracing the new work from home culture and our US Portfolio Head is sharing a few tips that may help professionals looking to make this transition.
