Price Elasticity and the Impact from Inflation By Jim Lewis, CEO Enhanced Retail Solutions LLC There is constant chatter right […]
Optimize Your POS Reports for Wholesale Business By Jim Lewis, CEO Enhanced Retail Solutions LLC One of the key reasons […]
The Four Pillars of Success – Part 4 By Jim Lewis, CEO Enhanced Retail Solutions LLC Welcome to the final […]
The Four Pillars of Success – Part 3 By Jim Lewis, CEO Enhanced Retail Solutions LLC Welcome to part 3 […]
The Four Pillars of Success – Part 2 By Jim Lewis, CEO Enhanced Retail Solutions LLC What is fundamentally required […]
Four Pillars of Successful Retailing – Part 1 By Jim Lewis, CEO Enhanced Retail Solutions LLC As I mentioned in […]
Its a Covid Christmas After All By Jim Lewis, CEO Enhanced Retail Solutions LLC While lines for covid tests may […]
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 […]
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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