By Jim Lewis, CEO Enhanced Retail Solutions LLC Tis the season for VMI. We are seeing an increase in inquiries […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC More and more of the suppliers in our client base are growing […]
By Jim Lewis, CEO Please join me in celebrating ERS’ 20th Anniversary! It’s because of our incredible team, partners and […]
ERS Internship: The First 3 Days By Jim Lewis, Wenxin (Helen) Qie and Lauren Cohen Every summer at ERS we […]
Diagnosis: Retail Planning Anxiety By Jim Lewis, CEO Enhanced Retail Solutions LLC Disclaimer: I am not a psychiatrist, and I […]
The Key to Key Items By Jim Lewis, CEO Enhanced Retail Solutions LLC The concept of key items comes up […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC I was an assistant buyer at JCPenney when they made the move […]
Measuring Inventory Opportunity and Liability By Jim Lewis, CEO Enhanced Retail Solutions LLC Our superpower is studying sales and inventory […]
The Shared Inventory Conundrum By Jim Lewis, CEO Enhanced Retail Solutions LLC For many years we have worked with clients […]
Retail Analytics Taking Action By Jim Lewis, CEO Enhanced Retail Solutions LLC At a recent lecture at the University of […]
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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