The long-term implications of supply chain kinks and backlogs is sobering, with many experts predicting it won’t even out until 2023 at the earliest -- and even then, it will be a reset. This, of course, has a continuing and serious impact on how retailers handle all aspects of inventory management.
Given massive, lingering supply chain roadblocks, carrier capacity limits and labor shortages, inventory management has gotten trickier for retailers, especially as the critical Q4 approaches. As demand patterns shift, including the explosion in ecommerce and the population flight away from urban centers, companies have faced especially difficult challenges in terms of allocating and positioning inventory across their network nodes. This special report from Multichannel Merchant looks at ways retailers are rethinking their inventory approach to buffer against shocks.
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