Why is Assortment Planning so Important?

Why is Assortment Planning so Important?

Assortment planning in retail is when a store optimizes visual merchandising, store layout, and product placement for the most conversions. It ensures that all your channels are aligned, so no matter how your customers shop, you have what they are looking for, with...
Safety Stock: What Is It and Why Is It So High?

Safety Stock: What Is It and Why Is It So High?

Whether you’re new to logistics or a veteran, safety stock is an important concept that many people can be confused about. As a simple explanation, safety stock is an extra amount of stock that is maintained to mitigrate a risk of stockout. That is all well and...