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Making the Most of Markdowns

RELEX Solutions

So why do we even mark products down? Shouldn’t a forecasting and replenishment solution mean you need fewer markdowns? Retailers who have optimized their store replenishment to more accurately match supply to demand can achieve up to 30% reduction in markdown and spoilage costs — but cannot eliminate markdowns entirely.

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50 expert warehouse optimization tips and techniques

6 River Systems

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery.

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22 warehouse pros share the biggest mistakes made with inventory management (and how to avoid them)

6 River Systems

Too much slow-moving inventory means you’re spending money to store products that aren’t earning immediate revenue, and too little means backorders and unhappy customers who are likely to seek out your competition. How much does it cost to store and maintain slow-moving or stagnant inventory?

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Why Category Management Should Always Start with Behavioral Clustering

RELEX Solutions

Why Category Management Should Always Start with Behavioral Clustering. Resources » Whitepapers. Clusters of stores or categories/departments within stores are identified to enable retail units with similar behaviors to be managed together. store development initiatives ? store implementation.