SKU creep refers to the gradual and often uncontrolled increase in the number of stock-keeping units (SKUs) a business offers. It usually starts innocently: a new flavor, a custom size, a customer-specific variant. SKU creep is dangerous because it often goes unnoticed until it’s too late. If you’ve ever found yourself drowning in slow-moving inventory […]
July Is the Best Time for Inventory Cleanup Mid-year is the calm before the Q4 storm. Sales often slow in July, making it the perfect time to reset your inventory strategy. Sellers often overlook this window, but those who act now can enter the holiday rush leaner, smarter, and more profitably. Cleaning out deadstock now […]
Retailers frequently face periods of heightened demand that significantly impact their revenue. These surges can be driven by promotions, product launches, events, or unexpected trends. Successfully navigating these high-demand sales periods requires careful planning. Optimizing Order Management The right order management system is essential for handling increased demand. It acts as the central nervous system […]
When a product isn’t available right away, businesses are faced with a decision: risk losing a sale or find a way to bridge the gap. Rather than missing out, businesses can turn to pre-orders and back orders to bridge the inventory gaps. These strategies capture missed sales but create opportunities for better cash flow and […]
