🌍 Strategic Sourcing | End-to-End NPI Supply Chain | Maximizing supplier capabilities & streamlining supply chain processes to solve unmet customer needs | MSc in Supply Chain Management | Stamp 1G |
The recent advancements in inventory management technology, such as merchandising assortment and planning software systems, have significantly enhanced inventory management capabilities for retailers. These technologies offer crucial tools for merchants to align with inventory trends, improve in-stock reporting, streamline store planogramming, and enhance productivity. Retailers are increasingly focusing on reducing stock levels, refining product assortments, and optimizing inventory efficiency to better serve customers and boost overall merchandise productivity. Additionally, investments in workforce management software are enabling retailers to align staffing with peak customer hours, further enhancing operational efficiency and customer service. Retailers are leveraging these technologies to tame stock levels, enhance demand planning capabilities, and drive efficiency in their operation. #InventoryManagement #SupplyChainTech #DemandForecasting #InventoryOptimization
