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The retailers are constantly
facing decisions such as:
- Is this going to be a hot selling item
that I should ensure I have ample supply of to reduce stock outs?
- Is this going to be a slow moving item
that I should markdown earlier on when there is still some demand
and get rid of the inventory at a greater margin?
- How do I optimally allocate inventory to
different stores and regions to ensure that I don't have the right
inventory at the wrong location?
- How do I optimally compute the size
distribution of apparels according to the geographic region or
store?
- Is it time to stop squeezing any more
margins and instead consolidate the inventory from different
stores for shipment to outlet centers simply because the
assortment is too badly broken even for markdown to be effective
or the item has reached the end of its lifecycle?
- Should I promote some items and if so
which ones? How much should be the price discount and / or what
vehicle do I choose for promoting it?
These are but a few pain
points retailers endure all the time. But you don't have to bear the
pain all alone! Apex Decisions is there to cure the pain with its
state of the art proprietary solutions based on tools it took 50+
person years to develop. |
