The Benefits of Integrating Demographics with POS By Jim Lewis, CEO Enhanced Retail Solutions LLC There was news this week […]
Supply Chain Anxiety From Booking Vessels to PO Routing By Jim Lewis, CEO Enhanced Retail Solutions LLC Many of our […]
Finding the Sweet Spot for your Forecast By Jim Lewis, CEO Enhanced Retail Solutions LLC A common challenge with forecasting […]
How To Review your 2020 Business By Jim Lewis, CEO Enhanced Retail Solutions LLC While we tend to focus on […]
2020 Client Base Trends Despite the tragedy that was 2020, the ERS customer base experienced a 16% increase in sales […]
Harvesting POS Data – Here’s What You Need To Know By Jim Lewis, CEO Enhanced Retail Solutions LLC Manufacturers, licensors […]
Improving Inventory Management for Distributors By Jim Lewis, CEO Enhanced Retail Solutions LLC Distributors are marvels at moving inventory through […]
Reporting for Success By Adina Deutsch, ERS Intern The Importance of Reporting Navigating the performance of a retail or wholesale […]
Daily Vs Weekly POS Data By Jim Lewis, CEO Enhanced Retail Solutions LLC In the world of planning most of […]
The Importance of Sales Forecasting By Adina Deutsch, ERS Intern The difference between success and failure Now more than ever, […]
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 […]
Rate of Sale Reliability
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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