GS1 Nigeria’s Post

These are some interesting numbers to have in mind when dealing with OOS.   🤯 72% of OOS are related to store operations, which shows a huge improvement opportunity when store associates and managers are given the right tools and capabilities.

72% of stock-outs originate from store processes. Empowering store personnel with the right technology tools can improve inventory management and reduce OOS. ∙ Reduce stock-outs ∙ Optimize efficiency ∙ Increase customer satisfaction ∙ Increase sales #frogmi #retail #tech #OOS #Stockouts

Effective inventory management is crucial for eCommerce success. In this blog, we dive into key metrics every online store should track for better results—from stock turnover to order fulfillment rates. 🚀 Understanding these numbers can help optimize operations, reduce costs, and improve customer satisfaction. Check out the full article to learn more about how you can enhance your inventory management practices. 👇 https://lnkd.in/g4f6veNA #eCommerce #InventoryManagement #BusinessOptimization #eCommerceTips #SupplyChainManagement #Logistics

What are “high-value products,” and how are they key to boosting margins and customer satisfaction for your #secondhand inventory? ⬇️ High-value items—like designer clothing, vintage electronics, and rare books—offer: 🌟 Higher Margins: Increase your profitability. 🌟 Proven Demand: Quicker sales and inventory turnover. 🌟 Repeat Buyers: Customers looking for quality and exclusivity. Check out Upright's latest article for strategies on sourcing and selling these high-value products. You’ll learn how to leverage partnerships, analyze sales data, and implement dynamic pricing. 📈 https://lnkd.in/eBE4KWxd #secondhandinventory #markettrends #ecommercemarket #ecommerce #dataanalytics #secondhandretail #inventorymanagement

As consumer expectations for speed and convenience rise, grocers are investing in real-time inventory management, fast fulfillment and personalized offers. Worldtrading Europe fully supports these efforts by ensuring reliable A-brand deliveries, collaborating with manufacturers and providing sustainable solutions like water-saving detergents. We believe that a seamless customer experience starts with a robust supply chain, which is why we prioritize transparency and adaptability in our partnerships. For example, we recently introduced an automated ordering system that provides our retail clients with real-time stock insights and faster replenishment options. This system has helped retailers minimize out-of-stock situations and improve customer satisfaction, even during peak demand. We find it important to continuously optimize and adapt our solutions based on client feedback to ensure we meet their evolving needs and help them stay ahead in a competitive market. #FMCGDistribution #RetailInnovation #CustomerExperience

In today’s fast-paced sales environment, the significance of sturdy, reliable packaging cannot be overstated. For e-commerce businesses, retailers, and manufacturers, packaging is not just a necessity for transporting products; it’s an integral component of brand image, customer satisfaction, and operational efficiency. There are countless reasons why investing in quality packaging is essential for businesses and their customers. Here are the most important: 📦 Protection of products 📦 Brand Image and Customer Perception Click the link to see the other 6! https://lnkd.in/gmWCm-Kz #PinnaclePackaging #LombardIL #PackagingPartner

As consumer expectations for speed and convenience rise, grocers are investing in real-time inventory management, fast fulfillment and personalized offers. Worldtrading Europe fully supports these efforts by ensuring reliable A-brand deliveries, collaborating with manufacturers and providing sustainable solutions like water-saving detergents. We believe that a seamless customer experience starts with a robust supply chain, which is why we prioritize transparency and adaptability in our partnerships. For example, we recently introduced an automated ordering system that provides our retail clients with real-time stock insights and faster replenishment options. This system has helped retailers minimize out-of-stock situations and improve customer satisfaction, even during peak demand. We find it important to continuously optimize and adapt our solutions based on client feedback to ensure we meet their evolving needs and help them stay ahead in a competitive market. #FMCGDistribution #RetailInnovation #CustomerExperience

Frustrated by out-of-sync inventory and inflexible pricing? Upgrade with eCommerce Pro for seamless inventory management, customized pricing based on wholesale costs, and effortless automatic order fulfillment. Transform your platform's efficiency and customer satisfaction—request a demo today. (https://hubs.li/Q02vXB1Z0) #Gearfire #eCommercePro #InventoryManagement #WholesalePricing #OrderFulfillment #GoGearfire #SeamlessOperations #AutomateOrders #eCommerceSolutions #GearfireCapital

An online retailer specializing in handcrafted goods was experiencing rapid growth. While sales were up, managing orders, inventory, and customer inquiries became overwhelming, leading to delays and customer dissatisfaction. They implemented our automation solutions to streamline their operations. Order processing was automated, inventory management optimized, and customer inquiries managed efficiently. This allowed the retailer to focus on product development and marketing. The transformation was remarkable: a 55% improvement in order processing speed and a 50% increase in customer satisfaction. The retailer could now scale their business confidently, offering a seamless shopping experience. Are you an online retailer looking to streamline your operations? Click the link in our bio for a 7-day free trial and see how we can help you scale with ease. #OnlineRetail #EcommerceSuccess #AutomationForRetail

Cut Down on Returns with Real-Time Sales Tracking! 📊🏬 Managing returns can be a hassle. CleverFoodie’s sales tracking system provides real-time data from each retail outlet, helping you monitor inventory levels, identify trends, and address issues before they lead to returns. Reduce waste, improve customer satisfaction, and keep your products in stock—all while saving on costs! ✅ Real-time sales tracking per location ✅ Smarter inventory management ✅ Fewer returns, more efficient operations Optimize your supply chain and say goodbye to unnecessary returns with CleverFoodie! 💡 #RetailSuccess #SalesTracking #CleverFoodie