Services likeShopify Capitalcan help keep items in stock through quick and easy access to funds. Whether you’re going through a rough patch or preparing for the holiday season, you can use the money to cover inventory and reduce stockouts. There are no lengthy applications and you can receiv...
Stockouts are what happen when you run out of inventory of a particular item. An out-of-stock can happen anywhere in the supply chain, but it impacts retailers’ shelves and profits the most when it occurs as a customer is about to purchase. We’re all too familiar with the scenario: ...
Stockouts are a common yet costly challenge for businesses of all sizes. When products are unexpectedly out of stock, companies not only lose sales but also risk damaging customer loyalty and brand reputation. In today’s competitive market, where consumers expect quick, reliable service, even a...
What Can Stockouts Tell Us About Inflation? Evidence from Online Micro DataWe use a detailed micro dataset on product availability to construct a direct high-frequency measure of consumer product shortages during the 2020–2021 pandemicCavallo, Alberto...
ETFs are investment funds that give investors a simple way to diversify their holdings, often for lower fees than mutual funds. Learn the pros and cons of ETF investing.
Stockout Costs:High risk of stockouts if inventory levels are not accurately forecasted, leading to lost sales and potential long-term damage to customer relationships. Holding Costs:Increased holding costs due to storing large quantities of inventory to ensure availability during peak times. ...
Here are some of the problems you can avoid: Stockouts: This happens when your stock of products has run out. Overstocking: This happens when you have too many things or products on hand. Obsolescence: Stock that has expired is your obsolete stock. These are the products that expired befor...
A Stock Keeping Unit or SKU for short is a unique code used for keeping track of inventory. Learn more about SKUs with our guide.
Optimizing your logistics process can make a big difference to your bottom line. When you streamline tasks like transport routes and inventory management, you reduce costs and avoid common pitfalls like overstocking or stockouts. This frees up your cash flow and lowers storage costs. Plus, investi...
Here are some best practices to keep SKU proliferation in check while scaling your business. Identify and liquidate dead stock As you introduce new variations of a SKU, you will need a game plan on how you will deal with older inventory, which is likely to accumulate and becomedead stock. ...