Real-Time Inventory Management: 5 Ways Advanced Computer Analytics Will Transform Traditional Inventory Management
GlobalTranz
MAY 2, 2017
Manufacturers have always struggled to obtain the most accurate inventory levels possible. While an out-of-stock issue may seem minor, it could result in the loss of multiple-item orders, especially among e-commerce shoppers. In fact, up to 52 percent of e-commerce shoppers abandon their carts when they learn one product they want is out-of-stock. Meanwhile, failure to notify consumers about out-of-stock items during purchase could result in the permanent loss of a customer.
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