Who is this document for?
This white paper is written for professionals in retail organizations in a variety of verticals who are involved with retail technology solutions. This may include senior executives, information technology, merchants, finance, and more.
What will I learn about?
Consumer demand for instant gratification has increased the need for stock to be available in the right place and at the right time. Allocation has become a science that requires a high level of flexibility in-season, and Excel and manual tools are no longer adequate to efficiently execute assortment plans. One of the biggest challenges retailers face is striking the ideal balance between satisfying demand wherever it occurs at any given time and at the lowest cost while minimizing markdowns and maximizing profits.
In this guide, we introduce the top six must-have features retailers should look for in an allocation solution to optimize inventory, reduce markdowns, and increase margins.