Marching toward margin increases for Q2
With big box, footwear, and health & beauty retail segments all posting lower than expected sales numbers for Q1 2024, Onebeat decided to dedicate the month of March to getting the word out about solutions to the industry’s most notorious profit-eater: inventory errors and imbalances. We’re shouting out the easy-to-seize benefits of AI-guided inventory management online, at events, and in your inbox.?
Read on for the latest strategies for high-performance inventory.?
Onebeat at Shoptalk: What happens in Vegas… should stay in your tech stack
Between your top line sales or your quarterly bottom line - which would you rather improve? Why choose when you can have both!
This might sound too good to be true, but we promise, this is no Vegas hustle.?
If you’re joining Shoptalk next week, come see us in Booth #2250.?
We will love to review the impact of your current IT setup on inventory performance, and walk you through new strategies and tools for high-ROI allocations and assortment all season long.?
Prefer to talk Adaptive inventory management over lunch? Click here and we’ll get in touch.?
In the Know: Avoiding Stockout Bleed with Greg Arthur
Our VP of Retail Strategy - Greg Arthur - hosted a webinar on best practices for data-driven inventory management for more than 2 dozen retail operations and supply chain professionals.?
In this session focusing on how to organize inventory data to prevent lost sales from “holes in the bucket” we dove into critical topics including:
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and much more!?
This info-packed session can be viewed here - don’t miss it!?
Data to the Rescue: Check out our Guide to AI-driven inventory?
Can it be that no problem is too big for AI? Check out our guide on Strategies for Inventory Balance to find out.?
Here’s what you’ll learn when you download the guide:
1.The effect of stockouts on brand and consumer loyalty
2. How to categorize inventory to maximize turnover rate
3. How to adapt inventory to market trends in real time??
4. How to foster constant product availability
5. How to plan for demand surges and avoid post-event stockouts