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Precision Inventory Management in the Age of Localization: Benchmark 2009
RSR set out to understand how retailers and their trading partners are responding to the unique challenges posed them in 2009: the need to localize assortment to increase shopper relevancy and appeal, and the need to reduce inventory as much as possible. The responses are encouraging. In a time of merchant princes, "product" was once king: the right assortment could make or break a retailer. In today's reality, inventory is the lifeblood of retail. The research finds that while retailers generally feel they have a solid handle on their inventory, in reality they are plagued by out-of-stocks on fast-moving items and overstocks in slow-moving inventory. The report provides best practices from high-performing retailers and recommendations for how all retailers can better manage their inventory in tough economic conditions. Sponsored By: In Partnership With:
Retail Systems Research does share the details submitted by individuals downloading specific items of free research with the vendors who are sponsoring that specific research. It is for this reason that Retail Systems Research is able to offer a substantial body of research FOR FREE to end-users.