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retail performance kpis
Blog

Retail Performance KPIs That Drive A Responsive Supply Chain

Content Good inventory management in supply chain companies achieves two objectives:  To ensure a ‘proper visual display,’ for an attractive offer that makes consumers want to buy (the right stock).  To have enough to cater for sales, that can be expected until the next delivery (enough of it).  Dr Goldratt, founder of the Theory of Constraints and Throughput Accounting, and the author of the title

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rethinking open to buy
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rethinking Open To Buy Management

The Open to Buy or OTB is a common concept in the fashion industry, that is used by buyers and retail managers to control trends in a proactive way. Their main goal is to optimise inventory levels while maximising profits. Open to buy is often used as a control measure that aligns orders to ensure

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vertical integration
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How vertical integration helps fashion leaders grow?

Content Examples of vertically integrated businesses that are thriving There are numerous examples of vertically integrated businesses and they include some of the highest-valued companies on the equities markets and some of the most successful fashion and sportswear brands. One famous example is Amazon. Although this business started with a simple ‘asset-light’ model, it gradually

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vertical integration
Blog

The advantages of vertical expansion – in good times and bad

Content The advantages of vertical expansion While horizontal expansion has serious advantages in terms of the economies of scale and scope, it is a high-risk strategy. It is a perfect example of putting all your eggs in one basket. In contrast, vertically integrated companies can be successful even in dire situations where other companies fail.

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Why Traditional Retail Performance Indicators Fail
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Why Traditional Retail Performance Indicators Fail

Content   “Tell me how you measure me and I will tell you how I will behave. If you measure me in an illogical way, do not complain about illogical behaviour” – Eliyahu M. Goldratt  When we measure performance, we want to compare the actual output of something to a predefined ideal. A variance from the ideal should

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responsive supply chain
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How the supply chain can evolve from a stock risk to a collaboration with profit for all parties

Table of Contents Being well-adapted is an advantage – but becoming too fixed in that adaptation becomes an existential threat when conditions change. A Responsive Supply Chain (RSC) is able to provide both the advantage of being well adapted (efficient), while retaining the flexibility to change quickly to new realities, thereby also being effective. Significant

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automated inventory management
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Time To Ditch The Spreadsheets And Automate Your Inventory Flow

Table of Contents Why Accurate Stock Forecasting Is A Top Priority Achieving the right stock level is a delicate balance, and there is a huge pressure to get it right. Despite being a top priority, forecasting often falls short, which results in avoidable losses and waste.The cost of inadequate inventory forecasting is a growth-killer, and

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inventory management platform
Blog

Platform Retailing: No Push, No Pull, Just Flow

Last week, I attended a webinar, titled: Retail buying in uncertain times, aimed at multi-brand retailers of fashion and sporting goods. Multi-brand retailers buy from the brands and sell to consumers in a seasonal rhythm, where a season lasts roughly 26 weeks, including the sale period, where ‘everything must go’. The cash to cash cycle between concept and

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