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Editor’s Choice: It’s time for traditional inventory management to evolve!

Logistics Viewpoints

This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges. According to recent statistical data, vacancy rates for industrial real estate across North America have been declining since 2020 and reached an all-time low in the third quarter of 2022.

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How Inventory Management is a problem the size of Australia

The Network Effect

Inventory distortion costs retailers nearly $158 for every man, woman, and child on the planet. Billion a year is the cost of Inventory distortion in North America, an amount equivalent to the annual revenues of Kroger, Home Depot, and Target combined. The Asia/Pacific region contributes 39% of all inventory distortion.

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Apparel and footwear: At what point is missed sales better than excess inventory?

Kinaxis

In adidas’s recent earnings call, CEO Kasper Rorsted warned that adidas would miss its 2019 growth target because its supply chain was unable to meet the huge demand for its mid-priced apparel, especially in North America. The CEO went on to imply that losing sales was preferable to building excess inventory.

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Robots Take Center Stage at MODEX 2024

Logistics Viewpoints

MODEX is the leading trade show for supply chain, logistics, and material handling solutions in North America. The robots can perform various tasks, such as transporting goods, picking orders, sorting items, and replenishing inventory.

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Abercrombie & Fitch Co. and ToolsGroup Team Up for Planning Expertise Webinar

ToolsGroup

with extensive background in retail planning and management. She has spent her entire career in the retail industry, gaining expertise in merchandising, allocation, and inventory management. Monica Tatham has over 16 years of experience at A&F Co. I’m excited to share one of the many ways Abercrombie & Fitch Co.

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The Hidden Costs of Ghost Inventory: What You Need to Know

ShipBob

These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. Often, the items accounted for in the asset register do not reconcile with what is in the inventory. What is ghost inventory?

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Your Must-Have Gartner Debrief: The 4 Key Takeaways from Gartner Supply Chain Symposium/Xpo 2023

ToolsGroup

Featuring over fifty Gartner experts and more than 140 research-driven sessions, this year’s conference gathered over 3,700 supply chain professionals from across North America and beyond. It enables the inventory optimization necessary for lowering inventory while elevating the customer experience.

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