It may be tempting to stock up your shop with as many products as possible. However, the right approach to effective selling is more nuanced than that. The right selection of products offered is an essential factor in deciding the success of a store. Whether you are new to retailing or are already an established …
Why Retailers Should Select The Right Product And Inventory Read More »
What if I told you that by increasing your profits by 50%, 100%, or even 200%, you could double your money? What if I told you there was a way to make every sale you made more valuable? Would you trust me if I told you? You can, with the help of price ladders. You …
Employees are the most vital asset of any company. As such, staffing is an essential process of managing an organization. If the staffing process is done correctly, it ensures the best utilization of manpower and subsequently the success of the organization. Therefore, the suitable person must be selected for the right position in the organization …
Supply chain and supply chain management may sound similar, but they are different concepts that involve the managing of suppliers and tracking of information about supply chain transactions. Supply Chain Management is the management of the flow of goods and services. It involves streamlining the many steps in a supply chain, from procuring materials to …
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You may notice some of your employees struggling to keep up with their jobs, especially when they are assigned complex and tedious tasks. This can cause long-term detriments such as decreased productivity, work pressure, and job dissatisfaction. Job simplification was devised to solve such issues. You can see job simplification practiced in many businesses. Its …
Employees are the foundation of every company. The most qualified candidates must be chosen to fill each position. It is common practice for organizations today to measure and analyze different recruitment metrics to guide them in making better hiring decisions. Of which the metric of quality of hire has been gaining popularity with its ability …
Many businesses would go out of business if they didn\’t have frontline personnel. Retail shop clerks, nurses in hospitals, and assembly line employees are just a few of the 27 billion deskless workers that account for 80% of the worldwide workforce. Their performance immediately (and publicly) reflects the culture and values of your company. They …
Merchandise planning is defined as an organized approach to selecting, purchasing, presenting, and selling merchandise. This is done so that retailers can maximize their return on investment and reduce potential losses. Retailers also strive to satisfy customer demand by presenting the perfect merchandise to them at the right time, place, price, and quantity. The best …
Merchandise planning is defined as an organized approach to selecting, purchasing, presenting, and selling merchandise. This is done so that retailers can maximize their return on investment and reduce potential losses. Retailers also strive to satisfy customer demand by presenting the perfect merchandise to them at the right time, place, price, and quantity. The best …
Finding and recruiting the right warehouse staff for the job may be difficult at times, especially for inexperienced managers. There is a special set of human resource management skills and experience needed to determine the perfect candidate. You want to make sure that you are making good hiring decisions and avoid bad hires which can …
