A key challenge area in supply chain operations across consumer goods and retail is inventory management. Specifically, having enough inventory on hand to meet the needs of the business without tying up too much capital. The key to addressing this challenge is to make better use of the data associated with decisions that impact inventory. In this webinar, our 1010data Senior Retail Analyst, Bob Marklein, will discuss ways of better leveraging data to:
• Minimize out of stocks and overstocks to improve service levels
• Improve promotion allocation to better match demand
• Manage smoother transitions of product launches or discontinuations
The aim of the webinar is to equip you with options for better leveraging your supply chain data so that you can optimize your inventory management, drive incremental profit for your business and maintain happy customers.
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