Remove Balance Remove Management Remove Other Remove Planning
article thumbnail

The Merchandise Planning balancing act has never been more tippy

Inside Retail

An increase in volatility in any one of these variables would be troublesome for a retailer, but when all six are in play it makes for a perfect planning storm. The implications of this for a retailer’s bottom line, and their balance sheet, are enormous and quickly becoming the single biggest issue facing the industry today.

Balance 130
article thumbnail

Apple Australia workers plan Christmas strike

Inside Retail

. “This Christmas strike is a way for our members to take back their time with family and friends while management continues to refuse to give workers the most basic minimum rostering rights,” RAFFWU secretary Josh Cullinan told Reuters, adding management would be notified on Monday of the intention to strike.

Planning 246
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Retail’s returns challenge: How to balance customer demands and overheads

Inside Retail

Growing consumer expectations of free delivery and free returns are placing pressure on retailers who on one hand recognise customer demand, but on the other are trying to reduce their operating costs. Others might order two or three sizes of the same item and return the ones that don’t fit. “It’s

Balance 234
article thumbnail

AI is driving a dramatic reinvention of retail demand planning. Here’s how

Inside Retail

Australian retail businesses have been warned they are missing out on sales by reacting too slowly to customer trends – and that poor retail demand planning is resulting in unnecessarily high levels of capital tied up unproductively in unsold inventory in warehouses and stores. How AI can manage 15.6 Spoiler alert: It’s not.

Planning 147
article thumbnail

Don’t inbox-watch: How Officeworks’ merchandise GM balances his attention

Inside Retail

After almost 30 years in the retail industry, Officeworks general manager of merchandising Jim Berndelis has gained plenty of experience and life lessons. From there, I’ve worn many hats in our support office and in various roles across the merchandise function: from demand planning to buying to buying manager.

Balance 130
article thumbnail

Why New Balance is putting people at the heart of its new store concept

Inside Retail

New Balance recently revealed a new retail concept store at Paragon Shopping Centre in Singapore centred on experience and carrying a curated selection of footwear and apparel that caters to athletes and fashion enthusiasts. Brand values Hefer said that the New Balance brand has always been known for quality, fit and craftsmanship.

Balance 130
article thumbnail

The CFO-CMO balancing act: Marketing efficiency goals that keep everyone happy

Inside Retail

In today’s complex retail landscape, chief marketing officers (CMOs) find themselves in a perpetual balancing act. The endless array of tools, platforms, and solutions can create complexity and rising subscription costs eating into budgets if not managed carefully. Collaborate with relevant stakeholders (IT, operations, etc.)

Balance 130