The pandemic and subsequent global challenges have focused consumers, retailers and suppliers on the importance of supply chains: what they are, how they operate — and the serious consequences when they don’t. But even as companies scramble to implement best practices, many are realizing that they lack sufficient internal talent to manage all aspects of their supply chains — from demand, replenishment and allocation planning to assortment and markdown optimization functionalities.
This Retail TouchPoints webinar will reveal an alternative to engaging in a war for supply chain talent. Retailers and their trading partners can use third-party solutions that combine the power of AI and machine learning with a dedicated, experienced planning team that can help them:
- Proactively analyze future product/store/channel demand for loss sales and excess inventory;
- Provide insights and recommendations to adapt order and push-pull strategies for seasonal and one-time buys;
- Optimize cash-to-cash order and inventory allocation processes to maximize profits; and
- Focus on improving business performance as a top priority.
Rob Jones, a retail veteran who has held top posts at companies including Family Dollar, Pilot Flying J and wellness brand Jushi Holdings, will share the benefits of outsourcing planning processes and share best practices for getting the most out of these relationships.