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Category: Inventory

3 Ways to Combat Lost Sales Due to Stockouts

3 Ways to Combat Lost Sales Due to Stockouts

If you’re here, you know your inventory mistakes are costing you a lot more than lost or deferred transactions.

Inventory constraints like low inventory, stockouts, and overstocks, can do long-term damage to your margins and future sales. For some, it can take weeks or even months to recover from a single miscalculation in your forecasts.

So, how do you fix it? The solution to inventory problems doesn’t stop at better forecasting. It’s a combination of better planning, better visibility, and quick course correction.

Let’s break it down.

Product Lifecycle Management: 3 Strategies to Boost Your E-Commerce Sales and Profits

Product Lifecycle Management: 3 Strategies to Boost Your E-Commerce Sales and Profits

Imagine waking up to discover that just 17 of your 220 SKUs generated 80% of your profits. For Flieber CEO Fabricio Miranda, this was one of many harsh reality checks in his past e-commerce career.

From that moment on, he began to manage his brand as a portfolio of products, carefully considering the lifecycle phase of each one to maximize growth and profitability

Because the truth is, the steps that got you to early success with a couple of products, aren’t enough to build an enduring brand. As a product matures, you need different strategies to stay...

5 Ways to Measure Lost Sales Due to Inventory Constraints

5 Ways to Measure Lost Sales Due to Inventory Constraints

If you’re like most retailers, you’re losing sales in more ways than you think.

Understanding your lost sales isn’t just about tallying up the number of times you sold less than you should have because you stocked out.

No matter what or where you sell, customer returns, backorders, missed conversions, and lost rankings can all have an impact on your brand’s current and future sales.

To scale your revenue and protect your investment in customer acquisition, here are five things you don’t want to overlook when measuring lost sales.

The Tale of an E-commerce Brand

The Tale of an E-commerce Brand

Managing inventory is arguably the hardest task of any retail brand. That is especially true for e-commerce, where sales, advertising, payments and even the customers are digital and can be managed with the click of a button, while inventory is still physical and needs real-world interactions to be produced, moved and stored. 

Weeks of Supply Formula: What It Is and How to Master It in 2024

Weeks of Supply Formula: What It Is and How to Master It in 2024

In the cutthroat game of e-commerce, it’s all about keeping costs down and margins up.

Less Overstocks, More Sales: 3 Proven Tips to Balance Your Inventory

Less Overstocks, More Sales: 3 Proven Tips to Balance Your Inventory

Every day, in every media outlet, you’ll see articles discussing retail companies with overstock inventory. Even large brands are still working to balance their inventory levels post pandemic, with 66% of owners and executives reporting overstocks.

To solve this problem, brands often fall back on what they do best: drive more sales

Markdowns, promotions, and clearance sales are the default methods for offloading excess inventory. But these approaches can have a major impact on your margins.

The truth is, profitable scaling starts long before the point...

How to Increase E-commerce Sales: 10 Tactics for 2024

How to Increase E-commerce Sales: 10 Tactics for 2024

According to some estimates, there are over 12 million e-commerce companies worldwide. In other words, the landscape is crowded

A Deep Dive into Dead Stock and How to Prevent it

A Deep Dive into Dead Stock and How to Prevent it

If you’re left with too many units and no way to move them, you could be experiencing one of the worst (yet most common) problems for modern commerce brands: dead stock.

An estimated 46% of stock losses come from human error, with US retailers having roughly $1.43 stuck in stock for every $1 sale they make.

But what exactly is dead stock? And why is it important to avoid it? In this article, we’ll share tips to help you clear your obsolete inventory and improve your demand forecasting systems to maintain the right inventory levels moving forward.

Table...

15 Inventory Metrics CEO’s Can’t Ignore in 2024

15 Inventory Metrics CEO’s Can’t Ignore in 2024

As of late 2023, many large retailers are still struggling to balance their inventory levels. Merchants and supply chain leaders are fighting to reduce inventory glut and protect margins as carrying costs increase.

But finding the right balance between your sales and inventory is a tall order. To keep overhead low and profit margins high, understanding your inventory is crucial.

Here are some of the top metrics leading brands use to track inventory, plus tips for how and when to apply them for better sales, profitability, and cash flow management. 👇

Lead Time in Inventory: How to Stop Guessing and Start Optimizing

Lead Time in Inventory: How to Stop Guessing and Start Optimizing

In a world of supply chain disruptions, raw materials shortages and labor issues, getting your products to your warehouses, and then to your customers, can take a long time.

Add in inefficiencies in your own operations, and you could be looking at weeks or even months to get your products from the office whiteboard to your customer’s front porch.

Which SKUs do you order? In what quantities? And when?

To guarantee sales several months out, you need confident answers to each of these questions. 

While you may not be able to control which products will go...