The Numbers Retail Leaders Can’t Ignore Retail is a balancing act—between supply chain agility, inventory turnover, and financial health. Yet, the numbers show a troubling gap: 8.3% of retail sales vanish due to stockouts, and another 4% is lost to invoicing gaps between B2B partners (Financial Times, 2024; Paystand). In the U.S., 55% of B2B invoices are overdue, and 9% …
The Retail Trifecta: Inventory, Transactions, Receivables In the fast-paced world of retail, profitability depends on precision—from warehouse to register. But here’s the sobering reality: 8.3% of potential retail sales are lost due to stockouts alone (Financial Times, 2024). On the B2B side, it’s no better: 55% of invoices are overdue and 9% go entirely unpaid (Kaplan Collection Agency, 2023). Another …
Accounts receivable management is a critical aspect of financial operations in the retail industry. It involves tracking and collecting payments owed by customers for goods or services purchased on credit. While it may seem straightforward, managing accounts receivable in retail can be complex due to various factors such as fluctuating sales, customer creditworthiness, and evolving payment trends. At Caine & …
