Case Study
Align Inventory with Real-time Demand
Align Inventory with Real-time Demand Source: * IHL’s new research, Retailers and the Ghost Economy 7 days historical data is all that is needed to get started Inventory Insights Predictive. Actionable. On Demand. A lapse in inventory management can result in customer dissatisfaction and monetary loss to the retailer. It is estimated that globally the revenue loss to retailers is $1.1 trillion annually due to inventory distortion*. With millions of SKUs in stock, ensuring availability of the right product in the right place at the right time can be a challenge. While point of sale or inventory management softwares allow a retailer to capture sales data and inventory movement, it may not provide real-time insights. The StockWise Promise: Higher Inventory Turn • Reduction in w