How do you prevent cannibalization of store stock?

How do you prevent cannibalization of store stock? When local stores are picking and distributing orders, cannibalization of store stock can occur. This means that store stock get's consumed by…

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Why overselling can be solved easily​

Why overselling can be solved easily Overselling is assumed as selling items more than actually available. This has impact on many business aspects, because orderes need to be cancelled and…

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Smart manage of safety stock​

Smart manage of safety stock The purpose of safety stock is to avoid stock-outs, whereby a product can’t be supplied for sale, its delivery after purchase is unreasonably held up,…

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What is omnichannel retailing?

BLOG: Did you know series What is omnichannel retailing? The retailing landscape has changed dramatically over the past few decades. Not too long ago, physical stores were the only way…

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