According to the IHL research study “Inventory Distortion—The Good, The Bad, The Ugly,” between 2023 and 2024, 81% of global shoppers encountered empty shelves, and retailers worldwide lost over US$1.77…
Effective inventory management is a cornerstone of success in the retail industry. It ensures that businesses have the right products available at the right time, minimising lost sales opportunities and…
“Learning how to manage inventory efficiently is critical to any business that sells physical goods. Anything that involves your products, from timely ordering to proper receiving, tracking, and storage, is…
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