- Only 29 percent of retail brands have full inventory visibility.
- Only 7.2 percent of retail brands have full visibility of every aspect of their supply chain
- Only 5.8 percent of retail brands have advanced forecasting capabilities
This means that 94.2 percent of retail brands continue to struggle with forecasting.
How can 94 percent of retail brands continue to struggle with forecasting in 2018 with the level of supply chain technical capabilities at our disposal?
This is the question we answered in our efficient supply chain training program.
Need help increasing your store sales and profit?
In this fiercely competitive retail environment, the tiniest of things can make an enormous difference to your sales and profit margin.
Click on the links below to learn strategies for boosting your store sales and profit margin:
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About the author
Romeo Richards is an experienced retail trainer and consultant with knowledge of retail marketing, store performance and retail loss prevention.
He has the ability to choreograph the customer journey, boost store conversion and enhance in-store experience using store design and visual merchandising.
Specialises in increasing retail profit through shrinkage reduction.
He is the author of 23 retail and marketing books including:
• How to Increase Retail Sales
• How to Make Profit In Retail
• Store Design Blueprint
• Visual Merchandising Display
He is the creator of five retail home study courses.
Frequently presents webinars on shoplifting prevention and boosting retail sales.
Featured in Professional Security Magazine, Retail Week & Retail Technology Magazine