Year-End Inventory Post-Mortem Tips
With the importance of holiday sales for retailers, it's crucial that inventory management departments closely analyze the season just completed. Doing so will help you understand what did and didn't work — hard-won knowledge you can factor into your planning for next year. Here are five holiday post-mortem best practices used by Direct Tech customers that you can adopt to improve future performance:
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.