Reading Time: 4 minutesWith 95% of consumers planning to increase their spending, the trillion-dollar shiny and glamorous retail segment of health, beauty, and wellness is a ripe opportunity up for grabs. However, new geographic hotspots, diminishing boundaries between wellness and...

Reading Time: 4 minutesThe latest issue of Great Christmas Gazette is out and the gifts community is abuzz with the talks of holiday demand fluctuations, supply-side deviations, and snarling inefficiencies creeping from crevices of manual interventions. The fulfillment teams are...

Reading Time: 10 minutesAccurate inventory forecasting is the heart of retail planning and inventory optimization. Capturing demand accurately and optimizing inventory accordingly can not only reduce inventory costs but can also help retailers boost customer satisfaction, improve shelf availability, and...

Reading Time: 5 minutesAs a leading technology provider for some of the largest retail brands globally, we have witnessed how inventory can be the Achilles Heel for businesses across multiple industries. From millions of dollars drained in lost sales owing...

Reading Time: 4 minutesEarly shopper waves, midnight snackers, holiday hoarders, and last-minute planners – the holiday frenzy has uncertain customer highs and lows. Tagging along the nuanced customer are the retailers – convenience and grocery alike – dealing with the...

Reading Time: 10 minutesAccording to Statista, global inventory distortions cost retailers as much as USD 580 million. Also, the value of grocery retail items going out of stock exceeds USD 500 million. Add increasing fulfillment costs for merchants, longer lead...

Reading Time: 4 minutesWith a staggering 150 Million+ convenience stores and a record 160 million transactions per day in the US alone, convenience store retail emerges as a delectable opportunity. However, 42% of the customers shopping at C-stores consider “having...

Reading Time: 4 minutesResearch shows that the global convenience store market size is USD 663.5 billion, and the revenue projections sit at the USD 3.12 trillion mark for 2028. While the numbers paint a decent picture, stock issues, shrinking profits,...

Reading Time: 3 minutesPoor cash flow, pressure from suppliers, locked-in capital, and high wastage – the list of disadvantages of poor replenishment can go on very long to become every retailer’s nightmare. Seasonality, multi-variate demand planning, multi-echelon inventories, inter-SKU effects,...