In the race to expand omnichannel options to meet the growing demand and shift in consumer buying habits, new challenges have arisen for retailers. Avoiding too many inventory transfers, losing shoppers from out-of-stock notifications, and a lack of real-time visibility have become just some of the many obstacles in supply chain and inventory management retailers are faced with today.
So how can retailers overcome these hurdles? Through data.
Place goods where they’re needed most and reach the consumer faster than ever before with our new infographic depicting the secrets of predicting demand.
We’ve partnered with RIS News on an infographic called “Inventory Everywhere! Secrets to Predicting Demand” to compile data strategies, and tips to manage inventory while reaching the consumer on their terms.