VMI

Consignment Stock /Scan Based Trading – Why, Who, and How

October 4, 2019 -
The omnichannel explosion has created enormous pressure on retailers to reduce inventory and cut carrying costs, while still offering high in-stock levels and product variety. Increasing numbers of retailers are consequently turning to consignment stock, also known as scan based trading, to stay competitive.
3 minute read
EDI
Drop Ship
VMI

Amazon Go: Is this the future of retail?

February 17, 2019 -
In a 2018 report, PwC stated that ‘on average 14 shops are closing per day in the UK.’ Whilst this is a damning statistic for UK retail and epitomises the struggles of our highstreets, it depicts a contrasting landscape to those companies who have...
4 minute read
VMI

Big data for big distribution

January 7, 2019 -
Big data is a term used to refer to data sets that are too large or complex for traditional data-processing application software to adequately deal with. Originally, big data was associated with three key concepts: volume, variety, and velocity...
2 minute read
VMI

What Is VMI? | What Is Vendor Managed Inventory?

May 15, 2018 -
Inventory or stock refers to the goods and materials that a business holds for the ultimate goal of resale. Whilst keeping abreast of shop floor replenishment can often represent a significant challenge to retailers, with too much or too little stock...
2 minute read