How To Determine The Optimal Inventory Allocation
The best practices for inventory allocation have changed over the years, generally out of necessity as the nature of the omnichannel shopping experience has evolved.
The best practices for inventory allocation have changed over the years, generally out of necessity as the nature of the omnichannel shopping experience has evolved.
Retailers are quickly realizing the benefits of using a common inventory pool for all channels, rather than allocating stock to specific channels.
While most customers do not know what goes on in retailers' warehouses, they can often tell how efficient merchants are at utilizing these storage centers based on how well the shelves are stocked and how long it takes them to receive an online purchase.
While order picking may be a back-end operation, that does not mean the process cannot be felt elsewhere.