By Jim Lewis, CEO Enhanced Retail Solutions LLC It’s always been challenging for suppliers to determine demand- and predicting what […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC Overview Estimating future sales is increasingly difficult with so many factors to […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC “When we ship new products, we want to know right away what […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC I recently had the honor of lecturing at my alma mater, the […]
Diagnosis: Retail Planning Anxiety By Jim Lewis, CEO Enhanced Retail Solutions LLC Disclaimer: I am not a psychiatrist, and I […]
The Shared Inventory Conundrum By Jim Lewis, CEO Enhanced Retail Solutions LLC For many years we have worked with clients […]
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 Comparison Game By Jim Lewis, CEO Enhanced Retail Solutions LLC During the holiday season, the conversations of how business […]
Dissecting Inventory to Turn Slow Moving Items By Olivia Drexler, ERS Intern Inventory is an Investment The most productive retail […]
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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