eBooks & Briefs

10 Actions Retailers Must Take to Lower Inventories and Prevent Margin Erosion

High inventories pose a huge problem for retailers maintaining profit margins this year in a cooling economy. They can fix this problem by deploying a platform providing a real-time, enterprise-wide view of inventory, in combination with demand sensing and inventory optimization powered by artificial intelligence (AI). Using this solution will enable them to take 10 specific actions to streamline inventories to maintain profits.
10 Actions Retailers Must Take to Lower Inventories and Prevent Margin Erosion