By Jim Lewis, CEO Enhanced Retail Solutions LLC The New Year is a perfect time to take stock of your […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC I recently had the honor of lecturing at my alma mater, the […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC People love dashboards. But unless it is actionable or telling them something […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC More and more of the suppliers in our client base are growing […]
Measuring Inventory Opportunity and Liability By Jim Lewis, CEO Enhanced Retail Solutions LLC Our superpower is studying sales and inventory […]
Retail Analytics Taking Action By Jim Lewis, CEO Enhanced Retail Solutions LLC At a recent lecture at the University of […]
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 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 […]
The Importance of Tracking Stock Outs By Jim Lewis, CEO Enhanced Retail Solutions LLC I really enjoy tracking sales this […]
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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