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What is Off-price Solution?

The off-price retail industry is experiencing rapid growth, raising questions about its meaning and the key elements behind its success. In this brief overview, we will delve into the off-price retail concept and highlight the factors that make it appealing to both brands and shoppers. INTURN emerges as the only inventory optimization platform that allows brands to successfully sell off slow-moving and surplus inventory to retailers, enabling them to recoup cash more swiftly. By utilizing our innovative solution, you can significantly enhance your off-price business operations. Brands often face the challenge of excess inventory that does not sell at full price or even after markdowns in traditional retail, prompting them to seek strategies for monetizing this surplus to maintain healthy cash flow and sustain their operations. As a result, many brands turn to off-price retailers, who purchase these excess goods at deep discounts, often between 40% to 60% below the wholesale price, and accept whatever terms are available for these surplus items. This relationship not only aids brands in moving their inventory but also provides off-price retailers the opportunity to deliver enticing deals to cost-conscious consumers, creating a win-win scenario for all parties involved. As the off-price sector continues to thrive, understanding these dynamics becomes increasingly important for those looking to navigate this evolving market.

What is Goods Order Inventory (GOIS)?

Enhance your operational efficiency by integrating various channels, streamlining storage solutions, and effortlessly managing inventory through intuitive workflows and effective integrations. Regardless of whether you are a large manufacturer managing numerous sites or a small retailer focused on inventory and order control, Goods Order Inventory equips you to effectively oversee all aspects of your business. Experience real-time updates while achieving significant cost savings through a robust system designed for your needs. By limiting excess stock and curbing the risk of overselling, you can significantly improve your cash flow. Document thorough details and variations for each product, including essential attributes like SKU, barcodes, suppliers, variants, weight, wholesale price, retail price, and additional specifications. The system also provides serial and batch number tracking, ensuring that all units in your inventory are accurately monitored, including the management of batch expiry dates. Gain automated and precise insights into your stock levels, enabling you to adjust inventory proactively based on order patterns and sales data, which in turn optimizes your supply chain management. By harnessing these powerful tools, you can propel your business toward unprecedented levels of effectiveness and operational success, ultimately leading to enhanced customer satisfaction and loyalty.

Media

Media

Integrations Supported

QuickBooks Online
QuickBooks Online Advanced
SAP Store
Shopify

Integrations Supported

QuickBooks Online
QuickBooks Online Advanced
SAP Store
Shopify

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$199 per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

INTURN

Company Location

United States

Company Website

www.inturn.com/off-price/

Company Facts

Organization Name

Goods Order Inventory

Date Founded

2005

Company Location

United States

Company Website

www.goodsorderinventory.com

Categories and Features

Retail Management

CRM
Commission Management
Email Marketing
Employee Management
Loyalty Program
Mail Order
Merchandise Management
Multi-Location
Order Management
Purchase Order Management
Reporting/Analytics
Returns Management
eCommerce

Categories and Features

Inventory Management

Alerts/Notifications
Barcoding / RFID
Forecasting
Inventory Optimization
Kitting
Manufacturing Inventory Management
Mobile Access
Multi-Channel Management
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management
Warehouse Management

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