How are you managing your holiday season inventory?
- Sales lost due to inventory shortage
- Unhappy customers
- Loss in brand loyalty
- Poor Customer Experience
- High level of customer service and performance
- Smooth functioning of supply chain
- Optimal utilization of storage space
- Avoiding excess inventory
- Avoiding excess cost
- What is Contingency stock? The amount of inventory you need to keep protecting against demand fluctuations and shortages in supply of all your SKU’s
- What is Reorder point? This is the ideal time to order more stock to avoid dipping into contingency stock of all your products.
Is your Inventory operation fully optimized?
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Tiger Lily, jaymethunt