Inventory Management Software

In this episode, we dive deep into the engine room of a successful retail business: Inventory Management Software. Whether you are running a boutique tack shop, a high-end apparel brand, or a mobile unit hitting the horse show circuit, your inventory is your biggest asset—or your biggest liability. Join us as we sit down with Cathy Donovan Wagner, founder of RETAILMavens and a powerhouse in the world of independent retail coaching. We discuss how the right systems can help you implement the Profit First method, eliminate the stress of "dead" stock, and ultimately reclaim your time. WESA Retail Roundup January 12, 2026: Host: Glenn the Geek, Host of Horses in the Morning Facebook: Retail Roundup Facebook group Guest: Cathy Donovan Wagner of RetailMavens and the Richer Retailer Podcast Presented By: Western English Sales Association Time Stamps: 00:03 – Show introduction, Dallas trade show announcement, guest introduction (Kathy Donovan Wagner) 01:35 – Kathy’s background and Retail Mavens overview 03:32 – Importance of inventory management, introduction to the main topic 05:00 – How inventory management/data has changed, common challenges for retailers 06:00 – Clarifying important data for retail businesses, store data misconceptions 08:02 – Inventory turn rates: best practices, what should/shouldn’t stay in inventory 11:09 – Choosing inventory management/POS software for your business 17:07 – Profit First approach and paying yourself as a business owner 21:38 – Managing slow inventory, turning inventory into cash, clearance strategies 24:43 – When to switch POS systems and the process, treating it as a financial reset 28:44 – Covering online/mobile vs. brick-and-mortar retail management 30:43 – How to book a “Game Plan Call” with Retail Mavens and final guest insights 34:30 – Community, closing remarks, and Dallas trade show reminder