Any retailer will tell you that keeping adequate in-store merchandise is a requirement for customer satisfaction. A recent study from IHL Group found that overstocks, out-of-stocks and needless returns cost retailers $1.75 trillion globally in lost revenue in 2015. Out-of-stocks alone are responsible for 4.1 percent of lost revenue for the average retailer, a significant […]
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Posted on November 21st, 2016