Return on Inventory Blog: The New Reality of Inventory Management
Joe Palzkill, VP Sales & Business Development, Direct Tech
Published October 26, 2012. Along with our entire team, I recently had the opportunity to meet with a large number of merchandise and inventory planners at Direct Tech’s User Conference. Over 3 days of presentations and networking, one thing became very clear. Inventory planning for multichannel retailers has gotten complicated!
- For catalog retailers, it’s no longer as simple as planning demand for a single mailing every four weeks.
- Store retail planners are trying to adopt direct-retail planning techniques and vice versa.
- Internet retailers have learned that inventory decisions have far-reaching financial consequences and are rushing to adopt forecasting and purchasing processes.
Continue reading about The New Reality of Inventory Management at the Return on Inventory blog.
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