If you’re looking to expand your retail business or start your retail journey, understanding the role of inventory management in retail is crucial. Retailers must find the delicate balance of having enough stock to meet customer demand without overstocking and incurring unnecessary costs. But effective inventory management is more than just keeping track of stock […]
Inventory management has a direct influence on sales and customer satisfaction. But to effectively strategise inventory management the right way, you’d need to implement tested and data-backed techniques to develop a tailored one for each of your stores. The right strategy will ensure optimal stock levels, minimize wastage, and prevent stockouts, all while aligning with
Demand planning for retail is the backbone of the business. Read and learn why demand planning is crucial and how you can develop one with location data.
Once you’ve opened your retail store in a thriving location, it is important to cater to the specific needs of your customer base while maintaining optimal stock levels. Given that a location often caters to multiple demographic characteristics, it’s essential to develop an inventory strategy that balances customer demand with optimal stock levels. Effective inventory
Commercial real estate in India have been pivotal in starting your business or grow your investment portfolio. Learn what commercial real estate is and how to choose a commercial property for your business.
India hosts a wide variety of wholesale and retail markets that cater to the needs of its vast population. These markets’ diverse range of goods attract both traders and customers. This article lists some of the biggest wholesale and retail markets in India, along with the total footfall within a 5-minute walk from the market,
