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Description
Ensure your top-selling items remain in high demand by maintaining adequate inventory levels that align with customer needs. Free up cash that’s locked in slow-moving or excess stock so you can reinvest in your leading merchandise. Monitor precisely what you need to restock and the optimal timing for reorders, taking into account critical aspects like lead times, out-of-stock durations, seasonality, and more. By having a consolidated overview of all your sales platforms and inventory sites, you can ensure the timely replenishment of the necessary products, no matter where your business operates. Utilize seasonal forecasting techniques for enhanced accuracy in predicting the demand for your seasonal offerings. For products with consistent monthly sales, adopt non-seasonal forecasting and customize your timeframe to analyze sales patterns effectively. Leverage historical stockout data to improve demand predictions, as this method calculates forecasts based on item availability, disregarding periods of unavailability. By implementing these strategies, you can optimize your inventory management and significantly boost your sales performance.
Description
The off-price retail sector is expanding at an unprecedented rate, but what exactly does it entail, and what contributes to its remarkable success? In this concise overview, we will explore the concept of off-price retail and uncover the factors that attract both brands and consumers. INTURN stands out as the sole enterprise inventory optimization platform that enables brands to effectively unload slow-moving and surplus stock to retailers, allowing them to recover cash more rapidly. Discover how our solution can enhance your off-price operations. Brands often grapple with surplus inventory that remains unsold at full price or even at reduced prices in retail environments, necessitating a strategy to monetize this excess stock for healthy cash flow and business viability. Consequently, they frequently turn to off-price retailers, who purchase these goods at substantial markdowns ranging from 40% to 60% off the wholesale price, accepting whatever terms are available for their surplus items. This dynamic not only benefits brands seeking to clear inventory but also empowers off-price retailers to offer attractive deals to budget-conscious consumers.
API Access
Has API
API Access
Has API
Pricing Details
$99 per month
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Inventory Planner by Sage
Founded
2014
Country
France
Website
inventory-planner.com
Vendor Details
Company Name
INTURN
Country
United States
Website
www.inturn.com/off-price/
Product Features
Inventory Management
Alerts/Notifications
Barcoding / RFID
Forecasting
Inventory Optimization
Kitting
Manufacturing Inventory Management
Mobile Access
Multi-Channel Management
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management
Warehouse Management
Product Features
Retail Management
CRM
Commission Management
Email Marketing
Employee Management
Loyalty Program
Mail Order
Merchandise Management
Multi-Location
Order Management
Purchase Order Management
Reporting/Analytics
Returns Management
eCommerce