In episode two, we share the fundamentals of mastering retail inventory management. Discover proven best practices and real-world case studies like why did Forever 21 go bankrupt? What happened to Kmart and Sears? And how does Walmart stay as one of the top retail giants?Get ready to be educated and entertained with insights on inventory management. Subscribe to stay tuned for more!0:00 – Teaser0:10 – Intro0:57 – What is Retail Inventory Management?3:25 – Types of Retail Inventory6:39 - What are the Benefits of Effective Retail Inventory Management?10:31 - Best Practices for Business Owners12:48 - Real-World Case Studies12:57 - Forever 21: The Rise & Downfall14:21 - Walmart vs. K-Mart: Price War in 1990s16:30 - Why Sears 18:09 - Walmart RFIDs: Radio Frequency Identification18:55 - Uniqlo RFID Tags and Check-out System19:49 - Decathalon RFID Check-out System20:03 - Amazon Go RFIDs20:35 - OutroTry inFlow to manage your inventory and make sure you never run out of stock:https://www.inflowinventory.com/

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