Whittney Gilstrap, Author at Brightpearl Retail-tailored Digital Operations Platform Tue, 16 Sep 2025 19:48:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 https://www.brightpearl.com/wp-content/uploads/2024/02/cropped-brightpearl-favicon-32x32.png Whittney Gilstrap, Author at Brightpearl 32 32 Improving Outbound Logistics For Speed and Accuracy https://www.brightpearl.com/blog/improve-outbound-logistics Sat, 27 Sep 2025 19:42:14 +0000 https://www.brightpearl.com/?p=10108 Introduction Outbound logistics has become one of the defining factors in retail and e-commerce success. It covers everything that happens after a product leaves storage, from order processing and packaging to transportation and delivery. Each step in the outbound logistics processes must happen with precision, because customers now expect fast shipping, accurate orders, and hassle-free […]

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]]> What Is Cycle Counting in Inventory Management? https://www.brightpearl.com/blog/what-is-cycle-counting Fri, 26 Sep 2025 19:37:39 +0000 https://www.brightpearl.com/?p=10105 Cycle counting is a method businesses use to keep inventory data accurate without shutting down operations for a full physical count. Instead of reviewing every item at once, companies check smaller sections of inventory on a rotating schedule. This spreads the work across the year and allows businesses to prioritize high-value items that need the […]

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]]> How to Perform SKU Rationalization to Improve Product Management https://www.brightpearl.com/blog/sku-rationalization-product-management Thu, 25 Sep 2025 19:27:33 +0000 https://www.brightpearl.com/?p=10103 Retail and wholesale businesses thrive on product catalog variety, but excessive complexity can hinder their growth. Every new stock-keeping unit (SKU) adds hidden overhead expenses in procurement, storage, fulfillment, and marketing. Without discipline, these expenses accumulate and erode margins. SKU rationalization provides a solution. By conducting an SKU analysis of performance and profitability, retailers and […]

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]]> How to Manage Working Capital for Business Growth and Stability https://www.brightpearl.com/blog/working-capital-for-business-growth Wed, 24 Sep 2025 19:16:16 +0000 https://www.brightpearl.com/?p=10101 Working capital is the difference between a company’s current assets and current liabilities, and it’s a key indicator of financial health. Managing it effectively ensures there’s enough liquidity to cover daily operations while still leaving room for future investment. Strong working capital management supports growth, builds stability, and helps businesses stay resilient when cash flow […]

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]]> How to Make Your Procurement Process More Efficient https://www.brightpearl.com/blog/procurement-process-improvement Tue, 23 Sep 2025 19:08:39 +0000 https://www.brightpearl.com/?p=10099 Procurement lies at the heart of every successful retail operation. It powers inventory availability, supplier relationships, and profitability. Yet many businesses know the frustration of delays, rising costs, or suppliers who fail to deliver. Behind those challenges is often an inefficient procurement process that slows growth and eats into profit. The good news is that […]

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]]> How To Prepare Your Business For A Financial Statement Audit https://www.brightpearl.com/blog/prepare-business-financial-statement-audit Mon, 22 Sep 2025 18:58:40 +0000 https://www.brightpearl.com/?p=10097 Financial statement audits can feel daunting for retail, wholesale, and supply chain businesses. The idea of an external auditor combing through months, or even years, of your company’s financial statements is enough to create stress for any business owner or financial manager. But in reality, financial audits are not just regulatory hurdles. The audit process […]

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]]> What is a 3-Way Match in Accounting? Understanding the Basics https://www.brightpearl.com/blog/3-way-match-accounting Fri, 19 Sep 2025 18:48:38 +0000 https://www.brightpearl.com/?p=10095 Introduction to 3-Way Match in Accounting Incorrect payments are one of the most common and costly mistakes in accounts payable. They can lead to overpayments, duplicate payments, delayed vendor relationships, and compliance issues that damage a company’s financial standing. In fast-moving retail, wholesale, and supply chain operations, even a minor discrepancy between an order and […]

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]]> Best Practices for Conducting Accurate Inventory Counts https://www.brightpearl.com/blog/accurate-inventory-counts Thu, 18 Sep 2025 18:42:02 +0000 https://www.brightpearl.com/?p=10093 Staying competitive in retail and wholesale requires more than just having the right products; it requires knowing exactly where those products are, how many are available, and when you need to reorder. Maintaining inventory accuracy is key to efficiency, profitability, and customer satisfaction for any business. Choosing the right method and inventory management software, avoiding […]

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]]> How to Manage Demand and Supply Planning https://www.brightpearl.com/blog/demand-and-supply-planning Tue, 08 Jul 2025 16:44:42 +0000 https://www.brightpearl.com/?p=10028 In retail and wholesale, striking the right balance between too much and too little inventory is critical. Excess stock ties up capital and storage space. Stockouts can lead to lost sales and frustrated customers. This is where effective demand and supply planning comes in. By forecasting demand accurately and aligning it with supply, businesses can […]

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]]> How to Calculate Safety Stock (and Why It Matters for Multi-Channel Retailers) https://www.brightpearl.com/blog/how-to-calculate-safety-stock Mon, 07 Jul 2025 16:32:58 +0000 https://www.brightpearl.com/?p=10026 With retail moving faster than ever, safety stock is a key safeguard for businesses selling on multiple channels. Balancing stock levels is a constant challenge. Too little inventory leads to stockouts and lost sales; too much ties up capital and storage space. Safety stock helps strike that balance. In this post, we’ll cover what safety […]

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]]> How To Calculate Days Sales In Inventory (DSI) + Example https://www.brightpearl.com/blog/calculate-days-sales-in-inventory Sun, 06 Jul 2025 16:06:46 +0000 https://www.brightpearl.com/?p=10024 Measuring how long inventory stays on the shelves before it’s sold provides critical insight into business efficiency. Days sales in inventory is the metric that helps track this, revealing how effectively stock is being managed and how well inventory aligns with demand. Monitoring DSI enables efficient inventory management, supports stronger cash flow, and informs smarter […]

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]]> Top 10 Inventory KPIs Every Retailer Should Track https://www.brightpearl.com/blog/inventory-kpis-to-track Sat, 05 Jul 2025 15:45:44 +0000 https://www.brightpearl.com/?p=10022 Inventory management is the backbone of any successful retail, wholesale, e-commerce, or multi-location business. Without a clear understanding of your stock, you’re essentially operating in the dark, making decisions based on guesswork rather than data. This is where Key Performance Indicators become indispensable. Inventory KPIs are crucial metrics that provide actionable insights into the health […]

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