Running a strong, profitable retail business is about the art of buying and selling of your product portfolio. This has been true of the nature of retail for the past hundreds of years.
The retail business becomes ever more competitive, organizations that use some sort of business intelligence software seem to have an advantage over those who don’t. And everybody seems to be crazy about AI. It’s AI this, AI that. But is AI the answer to everything?
Logistic issues and challenges don’t add up with multiple warehouses. They multiply. Retail businesses, like high street shops and e-shops, enjoy growth.
What really happened in Corona time (COVID 19) with your sales and afterward in inventory management and replenishment is the critical knowledge for your business’s future?
Clear demand planning of your Shopify site that is made months in advance. Optimize your inventory planning.
Inventory management is a field of supply chain management, and as such, it belongs to the most complicated tasks of humanity.
