Merchandise/Allocation Planning: Strategically Allocate Your Merchandise
Source: Innovative Retail Technologies
Big Lots is one of many retailers that have garnered sizeable benefits from allocation software, which uses algorithms to improve supply chain effectiveness. The company used an aged, proprietary legacy inventory allocation system that lacked functionality to effectively distribute products to its 1,350 stores. It grew out of the software. Used with permission from Integrated Solutions for Retailers magazine
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