For retailers and wholesalers seeking to raise their efficiency, well-executed inventory management remains a constant priority. The balance between having enough products to meet customer demand and avoiding costly excesses is intricately tied to data-driven forecasting. As the market in Australia for apparel, footwear and related wholesale businesses becomes more sophisticated, new tools powered by
Choosing the right inventory software in 2025 has become a strategic necessity for retailers, wholesalers and businesses aiming to stay ahead in the highly competitive retail environment. With shifting consumer behaviors and technology advancements, the decision is less about simply upgrading old processes and more about positioning your business for future growth. Professionals in footwear
Stockouts represent a significant financial burden for retailers and wholesalers alike. According to the Harvard Business Review, these occurrences cost businesses around $1 trillion globally in lost sales. The footwear industry, characterised by diverse styles and varying sizes, faces unique challenges in managing inventory. However, advancements in AI-powered solutions are poised to address these issues effectively.
