Maintaining inventory visibility is vital for omnichannel success
Retailers are quickly realizing the benefits of using a common inventory pool for all channels, rather than allocating stock to specific channels.
Retailers are quickly realizing the benefits of using a common inventory pool for all channels, rather than allocating stock to specific channels.
The price of goods has been on the rise for the past few years, ranging from food and drink to clothing and electronics.
Retailers can only sell what they have in stock, so running out of inventory must be avoided at all cost - with no product, there are no sales.
People hate waiting. Whether it is for food at a restaurant, a program or movie to finish downloading, in line at a retail store or for a product ordered online, people get impatient quickly.