With supply disruption and a shift in customer behaviour , retailers face a tough landscape , meaning smart inventory management has never been more important
TAKING STOCK
OF INVENTORY
MANAGEMENT
With supply disruption and a shift in customer behaviour , retailers face a tough landscape , meaning smart inventory management has never been more important
WRITTEN BY : SEAN ASHCROFT
The supply chain landscape is changing at a greater pace than at any other time in history , and nowhere more than retail . Not only is digital transformation changing the fabric of supply but the way consumers are behaving has also shifted .
Thanks to the pandemic , e-commerce , rather than store-bought , is people ’ s preferred means of shopping . This shift in behaviour was prompted by lockdown , but shows few signs of reverting back to the prepandemic state of affairs .
Layered on top of all this , of course , are the ongoing and serious supply chain disruptions . It ’ s a tough world out there for retailers , and particularly when it comes to managing inventory . supplychaindigital . com 45