LIFETIME OF ACHIEVEMENT IN SUPPLY CHAIN
has been able to reduce its inventory by approximately US $ 2bn as inventory levels decreased from US $ 13.9bn to US $ 11.9bn between 2022 and 2023 .
In conversation with The Wall Street Journal , Gretchen highlights the importance of precise inventory management technologies , with investments in machine learning ( ML ) and artificial intelligence ( AI ) improving forecasting accuracy , facilitating decision-making regarding inventory placement and communication with suppliers . Overcoming such a difficult time for businesses regardless of scale and size takes a skilled leader at the helm to navigate . Thanks to Gretchen ’ s experience and leadership , Target is wellpositioned to meet the ever-changing demands of the retail market and will go from strength to strength thanks to her guidance approach to supply chains .
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