It’s no secret that fashion apparel is constantly changing and evolving, creating a multitude of revolving products with short life cycles. Because of this product churn, fashion retailers are tasked with the challenge of managing a high number of SKUs and replenishing in season inventory without the benefit of historical demand data, leading to out-of-stocks or excess inventory. However, by implementing Smart Allocation and Demand Driven Replenishment (DDR), retailers are able to better predict sales to increase operation efficiency, reduce marked down prices, and efficiently meet consumer demand.
In this free eBook, you will learn the key items you must recognize while implementing Smart Allocation and Demand Driven Replenishment in order to:
- Improve Initial Inventory
- Optimize In-Season Inventory
- Increase Sales Throughout
- Gain Insights into Consumer Demand
Neogrid will be present at RBTE 2018 in London, Stand C188
