The State of Retail Inventory: The Latest Risks, Opportunities, and Tactics to Create Winning Shopper Experiences
Retailers already know success depends on optimized inventory – customers demand the right product in the right place at exactly the right time.
Yet, the truth is, from shortages to excess stock, inventory challenges continue.
In fact, stockouts are still cited as one of the greatest obstacles to both in-person and online shopping – and that’s despite retailers seeing a $44.8 billion rise in inventories.
And, as illustrated in the State of Retail Inventory report, it’s changing the way consumers make purchasing decisions: 40% of shoppers are using comparison sites to check availability, and 37% are turning to multiple retailers to meet shopping needs.
When facing continued supply chain disruption, retailers need to understand all seven of the latest risks and challenges surrounding optimal inventory management – and identify ways to respond to disruptions decisively, quickly, and effectively.
From increasing basket size and modeling uncertainty in your forecast, to shaping demand and leveraging technology to get better results with less time, there are actionable ways to deliver the experience customers crave while maximizing margins – despite a tumultuous supply chain.
Learn how to differentiate yourself from the competition through optimal inventory: Get your exclusive retail inventory report now, and arm yourself with:
- Expert insights from 20 retail industry leaders
- Over 50 statistics on the need-to-know data driving the headlines of today’s retail landscape
- The seven latest inventory risks and challenges
- The nine tactics to overcome those challenges, boost working capital, and improve the customer experience
