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Why optimising lead times contribute to an increase in retail profitability

Lead times are an inevitable part of any supply chain, so they often go unchallenged and remain unoptimized, despite having a huge impact on profitability. Some companies, however, are now challenging these assumed rules and reaping the rewards of shorter lead times that more accurately meet demand. Lead times exist because whenever a brand places an

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multi-brand retailers
Blog

How multi-brand retailers can benefit from automated ordering

Big-brand retailers of fashion and sportswear have invested heavily in digital technology. These have led to revolutionary changes to their business models. Many of these investments focus on adopting and leveraging digital technology to maximise profits and optimise operations. The most significant advantages have come from the automation of manual decision-making tasks. These handle complex

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data-led decisions in ecommerce
Blog

The rise of data-led decisions in eCommerce

As data-driven decisions become the norm across all industries we can expect more online and multi-channel retailers to increase the use of EDI platforms. Today, a data-driven enterprise has the best chance to succeed, especially in a challenging market. Considering this, retailers need to consider using their existing EDI infrastructure to redeploy their own data

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edi integration
Blog

How data integration can reduce costs, improve resilience, and increase sales

As data-driven decisions become the norm across all industries we can expect more retailers to increase the use of EDI platforms. Today, a data-driven enterprise has the best chance to succeed, especially in a challenging market. Considering this, retailers need to consider using their existing EDI infrastructure to redeploy their own data via smart software

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retail merchandising
Blog

9 retail merchandising trends to succeed in a post covid world

Content The traditional merchandising approach has always relied on a combination of experience, skill, and guesswork. Although this has been the ‘least bad’ option available, it has always had less than perfect results.In today’s current environment, and with the advances in technology, it is now possible to make better merchandising decisions (which are backed up

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Blog

Evaluating the role of Assortment planning in retail

Content Inventory is the largest single ongoing capital investment for most retailers. Therefore, it is vital to mimise the risk from inventory excess, while ensuring sufficient supply for items that sell well. This is no easy task. It requires an active process that regularly reviews stock velocity and dynamically adjusts budgets to ensure spending occurs

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departmental integration
Blog

Departmental integration: the key to meeting consumer demand

Content Merchandisers form a vital link between the supply chain and the consumer, with Marketing and Sales activities helping to make that final connection to the merchandise itself. However, merchandisers find themselves in an endless cycle of merchandise planning, year after year. Without much control over the broader supply process, their role has become more

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demand forecasting
Blog

Demand forecasting: 5 best practices to deal with volatile demand

Content As consumer sentiment (and buying behaviour) now shifts more quickly than ever before, it has become practically impossible for fashion retailers to produce a meaningful demand forecast. Collections are still typically produced many months in advance, meaning the potential margin of forecast error widens over time with increasing uncertainty about real demand. It can

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business intelligence
Blog

The impact of Data, Analytics, and Business Intelligence in fashion retail

Content Big data makes some big promises, yet many retailers are still failing to see the potential rewards of digitalization. Despite collecting vast amounts of valuable data, many organisations fail to convert their data into business intelligence, especially in retail. Instead, data is either allowed to simply accumulate in departmental silos, or it’s used to

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future of visual merchandising
Blog

Visual Merchandising: New approaches in the digital age

Content What is visual merchandising? Fashion retailers have relied on visual merchandising to display their products and entice shoppers since ‘shopping’ was invented. The practice of visual merchandising aims to show potential buyers specific qualities of a product, or to show it in a certain context to encourage a sale. Window displays are one of

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