Reduce markdowns, create new styles, and meet consumers where they shop
Consumers have moved beyond the walls of brick and mortar retail stores. Today, consumers want a greater variety of products delivered through a greater variety of channels, over a greater number of devices from smart phones, to kiosks, tablets, computers and more.
But many of today’s supply chains—from manufacturing to retail—aren’t built to keep up with this consumer-driven demand for speed and convenience. This can cause "higher out-of-stocks and markdowns in any given channel, especially during peak seasons," notes a McKinsey report.1
In this eBook, we’ll present seven ways you can track your profitability across your brands, collections, styles, and SKUs—and develop a better omni-channel strategy.
That way, you can add new products without facing the profit dilutions that can result from costly unplanned markdowns.
1 McKinsey & Company, “The future of retail supply chains,” 2013, pg. 61.
Download our free eBook – 7 steps to track profitability.