Articles

Inventory Management

Embracing the Opportunity in Returns

Embracing the Opportunity in Returns

With the explosive growth of online shopping in recent years, largely fueled by the pandemic, returns are on the rise and have become a logistics headache for retailers, carriers, and consumers. The long-term impacts of this increased demand, and the resulting strain on retailers and supply chains, will largely depend on how retailers respond.

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Operating in Style

Operating in Style

After working for several years in the field of styling and fashion, Joelle Desaulniers created the eponymous JOELLE Collection. The Quebec-based company offers unique dresses, sweaters, jumpsuits, and jewelry, among other items, through a thriving online business and a boutique in Trois-Rivieres. Another boutique in Place Ste-Foy is slated to open later in 2023.

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Supply Planning: Definition, Process, and Best Practices

Supply Planning: Definition, Process, and Best Practices

Supply planning is a business management tool that impacts supply, demand, and inventory levels. Retailers use supply chain planning systems to provide projected demand for products and materials needed to support those demands.  The process is designed to balance plans for future demand with the availability of goods in inventory. Supply planning helps companies determine […]

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2023 Inventory… Too Much? Too Little?

2023 Inventory… Too Much? Too Little?

Inventory. That was the theme unifying both attendees and exhibitors at the 2023 National Retail Federation (NRF) convention in New York City. More precisely, everyone I spoke to was interested in load balancing inventory to serve new retail fulfillment approaches striving to catch up with the blindingly fast evolution in consumer buying habits. For retail […]

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How Macy’s Avoids Inventory Glut

How Macy’s Avoids Inventory Glut

Retailers across the country are struggling with inventory pileup due to 2021’s massive supply chain delays. Unloading these previous-season goods has become a top priority for the upcoming holiday and winter season. But Macy’s is singing a different tune: the retailer managed to avoid most of this inventory glut, and reported to the Wall Street Journal that more than half of its offerings for the holiday season will be new.

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COVID’s Impact on Warehouse Management Outsourcing

COVID’s Impact on Warehouse Management Outsourcing

Q: In today’s market, what are the key benefits of outsourcing warehouse management? A: The COVID pandemic has companies reassessing their distribution networks. Many are looking for solutions that improve flexibility and capabilities, while still retaining control and transparency. With the right commercial model, outsourcing warehouse management provides those benefits, and more. Warehouse management companies […]

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Grocery Shortages: The Worm in the Apple

Grocery Shortages: The Worm in the Apple

It started with toilet paper. Spurred by the onset of the pandemic, consumers bought toilet paper rolls in droves. Sales of the product rose 60% annually in March 2020, according to the Statista Consumer Market Outlook. On April 19, 2020, toilet paper was out of stock in nearly half of U.S. grocery stores, estimated NCSolutions, […]

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