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.
Equipping employees with innovative retail software like StyleMatrix offers tangible benefits for fashion and footwear retailers. Here we explore how such a technology helps retailers overcome industry challenges, streamline operations and deliver a superior customer experience.
Are you ready to take your inventory management from on-premise to the cloud—and beyond? Join us for an exclusive webinar where Craig Cooksley and Alex Lowen, the experts behind the transformation of Solemate to StyleMatrix, will walk you through what this shift means for your business.
