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Four Pillars of a Successful Business, Part 4

Retailing Insight

T he Magic of Cash Flow: Fueling Business Growth through Effective Management is the final article in a four-part series that explores the four pillars of a successful business. Execution – The plan is only as good as the execution. Cash – Manage your cash flow, manage your growth.

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Six strategies to future-proof your supply chain in 2023

Inside Retail

We believe there are six key strategic pillars, which should be taken into account to ensure your organisation is on the right track for supply chain resilience: Redesign your fulfilment network and your merchandise planning function for multi-channel fulfilment. Progress is the pathway to perfection, so it’s okay to do this in stages.

Strategy 130
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How AI is set to revolutionise inventory management

Inside Retail

Poor inventory management results in overstocking and under-stocking, impaired cash flow, and losses from theft and spoilage. Manufacturers need accurate, relevant data to design new products and plan production – data that comes from the front line of retail. Products may not be reordered or cancelled from suppliers in time.

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How to get on top of the numbers that matter in your business

Inside Retail

It is amazing really, the number of people that capably count revenue, yet cannot manage cost and believe that profit equals cash flow? In many organisations this translates into an inability to optimise cash flow when your ability to earn it is compromised. Quite often there is nothing left over. The critical difference here is that?

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Post-BFCM: Four strategies to retain your new customers

Inside Retail

The most successful retailers know that with smart planning, the real rewards can run on long past the end of November. Savvy brands know BFCM isn’t the finish line – it is one important step along the way to building smarter long-term digital relationships with customers. What were your top-performing campaigns and flows?

Strategy 130
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4 Ways eCommerce Sellers Can Avoid Costly Stockouts

RetailMinded

A stockout occurs when a company runs out of a fast-selling product due to a lack of planning or uncontrollable circumstances such as a global supply chain issue. The good news is that eCommerce business owners can avoid costly stockouts with planning. Minimize Cash Flow Shortfalls. Minimize Cash Flow Shortfalls.

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FREITAG opens new store in Seoul with nothing to hide

Retail Focus

The store crew can track the flow of goods and ensure that the re-stocking process runs perfectly smoothly. The local store crew was involved in planning the sales area and warehouse from the beginning to ensure a comfortable workplace and an optimum workflow. The obvious advantages of this warehouse-in-shop solution?

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