2015 Inventory Planning Wish List
Today, I'm heeding my own advice about conducting an annual process post-mortem, on a personal level. I've been reflecting on the businesses I've worked with this past year here at Direct Tech, and thinking about how my experiences with them will affect my own planning for the year ahead.
In the course of that analysis, I've identified several issues that crop up repeatedly industrywide. I'd like to share them with you. So without further ado, here are the top five inventory planning process improvements I'd recommend that all companies address in 2015:
Joe is Vice President of Product Solutions at Software Paradigms International (SPI), an award-winning provider of technology solutions, including merchandise planning applications, mobile applications, eCommerce development and hosting and integration services, to retailers for more than 20 years.
Joe is a 34-year veteran of the retail industry with hands-on experience in marketing, merchandising, inventory management and business development at multichannel retail companies including Lands’ End, LifeSketch.com, Nordstrom.com and Duluth Trading Company. At SPI, Joe uses his experience to help customers and prospects understand how to improve sales and profits through applying industry best practices in merchandise planning and inventory management systems and processes.