The business of retail continues to push forward on a rapid pace of innovation, creating major challenges for supply chain teams. Today’s retailers attack the market with activities ranging from developing unique products to helping customers finance their purchases.
With suppliers more geographically dispersed than ever, a product mix that has become broader and more complex, and increasing pressure from ever-shortening product lifecycles, retail supply chain teams must look for ways to improve in-stock availability, introduce new product offerings, manage volume on door-buster promotions and streamline omni-channel initiatives. Retail supply chain executives face strategic questions.
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