Take 10: Inventory Management Pitfalls to Avoid
- Kathleen Schultz
- Fri, Oct 25, 2013
- 10 minutes
Effective inventory management is a prerequisite for success in omni-channel retail and is an integrated and disciplined process that must be part of a company's culture. Too little inventory—lost sales and lost customers. Too much inventory—lost profit and distribution center congestion.
In just 10 minutes, you'll learn what inventory management pitfalls to avoid by following industry best practices.
Kathleen Schultz is a senior executive with three decades of experience in omni-channel retailing. She has a broad base of management and analytical skills with very diverse category experience: apparel, floral, food, gift, home furnishings, and promotional products. Kathleen assists companies in the development and achievement of their merchandising strategies through better planning and product/creative positioning that reinforces the brand.
Who Should Attend?
Inventory planners, merchants, product developers, distribution center and contact center leads—this Take 10 is for you.
What Will You Learn?
- Key industry best practices
- Vendor management issues to control
- How to avoid silos
About our Take 10 Program
In just 10 minutes, each Take 10 video tutorial features step-by-step instructions on a narrow topic. Packed with takeaways, every episode comes with a handy one-page checklist, so there's no need to take notes. Just download the PDF. PRO members can now watch Take 10 tutorials using the MarketingProfs mobile app. Download the iPhone or Android app, and get smart on the go!
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