June 24, 2020

The Global Impact of Tariffs Changes on Inventory Management

After Trump imposed tariff changes in May 2019, the retail industry became threatened. Do you know how do tariffs affect companies inventory system? It is believed the amendments came as a result of the trade […]

May 18, 2019

Why is The Retail Store Closing?

Do you know about the recent breakdown of retail stores which is also known as retail Apocalypse? Well, many retailers who were market leaders have been closing their stores in different locations. They are gathering […]

March 30, 2019

How Do You Calculate Excess Inventory?

When it comes to inventory, calculating excess or old inventory can be a daunting task. For a long time, I was faced with the menace of calculating excess inventory. But what is excess inventory? Basically, […]

February 17, 2019

7 WAYS TO AVOID CARRYING EXCESS INVENTORY

As a retailer, holding the appropriate amount of inventory can be quite challenging especially during the holiday season due to the increased demand. Therefore, this makes it challenging to effectively carry out retail inventory management […]