The Importance of Tracking Stock Outs By Jim Lewis, CEO Enhanced Retail Solutions LLC I really enjoy tracking sales this […]
The Comparison Game By Jim Lewis, CEO Enhanced Retail Solutions LLC During the holiday season, the conversations of how business […]
The Importance of Inventory Management in Driving Sales By Jim Lewis, CEO Enhanced Retail Solutions LLC At a recent webinar […]
Inventory: Its the Product, Stupid By Jim Lewis, CEO Enhanced Retail Solutions LLC In this retail environment, many consumers have […]
Sign Me Up! Celebrity Retail TV Host By Jim Lewis, CEO Enhanced Retail Solutions LLC Why A Career In Retailing? […]
Why do my Forecasts still stink? By Josh Coughlin, CTO Enhanced Retail Solutions We all spend an extraordinary amount of […]
Smart Amazon, Very Smart By Jim Lewis, CEO By Invitation Only We all know they are smart. And they just keep […]
BBIN – Better Buy It Now By Jim Lewis, CEO Empty Shelves Everyone is so concerned about the emptiness of […]
Reflecting on my Virtual Intern Experience By Olivia Drexler Working From Home For the past 17 months, my college routine […]
The Buyer is really a Curator By Jim Lewis, CEO Recently we have received an uptick in inquiries regarding assortment […]
Written by a smart server somewhere… There is a lot of buzz around artificial intelligence and ChatGPT. We decided to ask it some questions about ourselves and inventory management. These are questions we asked and the direct responses we got. What is Vendor Managed Inventory? Vendor […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC It’s always been challenging for suppliers to determine demand- and predicting what orders retailers will write. It’s even more complex determining demand across multiple channels. The forecasting logic is not the hard part- it’s the merging of accurate […]
By Lennon Barrow, Business Analyst Intern at Enhanced Retail Solutions Today’s forecast: cloudy and a chance of stockouts. When inventory is out of stock, it means disappointed customers and leaving money on the table. Stockouts translate to lost sales, or what the store could have sold […]
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