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Inventory challenges in Retail

A ppt from growmaxBI that describes the challenges of inventory management in retail. Top 4 #Retail Inventory Challenges<br>1. Supply Shortage and Excess<br>It is difficult to determine the ideal inventory size for allocation. It required #salesinsights and demand insights.<br><br>2. Product Spoilage<br>This is when a brand sends in more inventory than it needs. Unsold inventory builds up and eventually expires.<br><br>3. Situations where stock is out of reach<br>This is when a brand sends more inventory than it actually needs. Customers can either be disappointed or they switch to other brands.<br><br>4. Regulative lags

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Inventory challenges in Retail

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  1. Top 4 Inventory Challenges In Retail

  2. Excess In Supply Shortage In Supply

  3. 2. Product Expiry/Spoilage Happens when a brand sends more inventory than needed. The unsold inventory piles up and eventually expires.

  4. 3.Out-of-Stock Situations Happens when you sends less than the needed inventory. Here, customers either leave disappointed or switch to the competitors.

  5. 4. Regulatory Lags The knots and lags in the inventory flow bump up the expenses and sink in the profits.

  6. Check out our in-depth blog on Inventory Management ( Link in the caption)

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