What Kind of Inventory Should You Complete
As January approaches, many retail businesses start thinking about completing their physical inventory. The benefits of completing such a process are well documented and include everything from documenting your shortage to resetting your on-hand counts. With the benefits known, the question is not whether you should complete an inventory. Instead, it is the best way to complete it
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Using vendors is essential for many aspects of business to ensure you are harnessing the expertise you need. While you may assess your vendors for the service they are providing, it is equally important to understand and monitor the cyber security measures they have in place. Neglecting to do this can potentially put both your business and your customers at risk.
The retail landscape continues to change and, as the holidays approach, questions continue regarding what the new normal will look like. One thing is clear, your online presence will be more critical now than ever before. Customers have always used the Internet to research purchases. Today, that research has transitioned into more online purchases as customers look to navigate the current situation.
As more and more businesses are instituting work-from-home operations, the way organizations train their employees will need to evolve as well. Creating and implementing an effective virtual training program can be challenging.
