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Pharmacy chains are recognized as leaders in retail when it comes to the complexity of inventory management. The pharmaceutical retail industry is characterized by significant government regulation, limited shelf space, and, importantly, a wide and complex product range. Pharmacy retail encompasses tens of thousands of product items. Medications are available in various forms and dosages. […]

You’re opening your own store, have resolved all initial challenges, negotiated with suppliers, and are now anticipating your first shipment of goods. At this point, a crucial question arises: how do you manage inventory in a small store? It is essential to establish a well-organized inventory management system from the very beginning of your retail […]

A retro bonus (commonly referred to in global practice as a “rebate”) is a reward given for achieving a specific volume of product sales or for reaching a predetermined sales amount.

Calculating and analyzing KPIs in inventory management provides insight into where money is concentrated in the supply chain. Often, funds remain tied up in excess inventory at warehouses and retail locations, or retailers lose customer loyalty and miss out on profits due to lost sales. Inventory management in retail comes down to balance: achieving product […]

Inventory Management Metrics: Article Outline   Inventory Management Efficiency Metric Indicator of No Excess Inventory Obsolete Inventory Level Inventory Utilization Efficiency Metrics  Inventory Management Metrics are the process of determining and maintaining an optimal inventory level and ensuring its financing. Inventory management is one of the most underestimated processes for increasing company profits. In the […]

Today, there are many inventory management programs that enable excellent results when ordering goods from external suppliers. They all rely on different metrics, algorithms, and methods. Which metrics are more important, and which management methods are most suitable—each company decides for itself, depending on its specifics. However, several key problematic phenomena can be identified that […]

The approach of retail chains to inventory management has changed significantly over the past few years. This transformation is not just about automating this function but also about raising awareness among retailers. There is now a clear understanding of why inventory management is important and what they specifically want from an inventory management system. Looking […]

Store inventory or re-inventory is regularly conducted to compare, reconcile available goods and accounting data, and is a regulated process of the retailer.

Article Contents: Automated ordering system Effects of using an automated ordering system Automated ordering of goods (auto-ordering) in ABM Inventory: reducing lost sales, improving product availability, and speeding up inventory turnover. What tasks does the auto-ordering system solve in retail? What effects does the company experience? Instead of a Prologue This is the kind of picture […]

Inventory is the main asset of any retail business. Effective inventory management and control helps businesses stay profitable, maximize revenue, use inventory efficiently, avoid overstocks, and reduce the number of write-offs. What is inventory control? Inventory control can sometimes be synonymous with inventory management, as both management and control help maintain the financial stability of […]

The success criterion for any retailer is having the right product on the shelf at the right time and in the right quantity. When it comes to products with long shelf life and stable sales frequency, the task seems realistic and achievable. And it is, especially if the retailer uses an automatic replenishment software solution. […]

2 Nabiji, the renowned supermarket chain from Georgia, has announced a strategic partnership with ABM Cloud, a trusted leader in retail automation solutions. The collaboration aims to implement ABM Cloud’s advanced AI-based inventory optimization solution in the retailer’s chain to streamline stock management and boost sales. As one of the leaders in the retail market […]

ABM Cloud team has completed the implementation of ABM WMS warehouse management system in Daily supermarket chain, one of the leading retail chains in Georgia. Daily, operating since 2014, is a dynamically growing chain with 230 retail outlets and more than 3000 employees. Daily is actively developing business infrastructure in the regions of Georgia and […]

ABM Cloud and the business group «Tegeta Motors», a leader in automotive products and services in Georgia, have started cooperation in the field of complex automation of inventory management. The main goal of the project is to optimize the assortment and stocks in the distributor’s warehouses using the ABM Inventory solution. «Tegeta Motors» distributes its […]

International Beverages Tashkent is the official bottler of PepsiCo in Uzbekistan for production of soft drinks of famous international brands Pepsi, Lipton, Adrenaline Rush, Mirinda, 7UP and Mountain Dew. ABM WMS implementation in IBT company started in December 2023 with the organization of raw materials warehouse and finished goods warehouse, the total area of which […]