by Michael Clarke, and Andy Adelson, with David Krebs, January 2020
Conversion rates, safety-stock inventory levels, and omnichannel order fulfilment are among the key challenges that retailers face in a modern retail landscape. With the rise of ecommerce as a portion of retail sales and customers demanding omnichannel fulfillment capabilities, dynamic inventory management is paramount for retailer success ranging from carrying optimal inventory levels to ensuring that the right products are available across store locations.