The Importance of Sales Forecasting By Adina Deutsch, ERS Intern The difference between success and failure Now more than ever, […]
Interpreting Retail POS Data By Jim Lewis, CEO Enhanced Retail Solutions LLC At a retail conference in 2019 (remember those […]
Enhanced Retail Solutions Offers Free Resources By Adina Deutsch, Intern Whether you’re a manufacturer, wholesaler, or retailer, Enhanced Retail Solutions […]
How Has Covid-19 Changed Retail? By Adina Deutsch, Intern From the overnight lifestyle changes to the decrease in financial security, […]
The 5 Requirements for Retail Reporting By Jim Lewis, CEO Enhanced Retail Solutions LLC Behind every great report is a […]
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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