As retailers attempt to be responsive to customer needs, they are continuously employing demand and assortment planning and rapid replenishment strategies to match supply and demand. Even with the best preparation, inventory levels are not what they seem- items appear on hand but are not actually available for purchase, which is called Phantom Inventory. Retailers face significant impacts from Phantom Inventory, such as 2.6% potential lost sales, according to GMA studies.
Combining corporate strategies with store operations through advanced analytics and mobile solutions is critical to mitigating these lost sales.
This Q&A style webinar will provide current thought leadership on how to connect corporate strategies to store operations to minimize these challenges and create a more positive customer experience.
Audience will learn:
Date: Friday, April 8, 2022
Time: 12:00 to 12:30pm ET
If you're unable to attend the live webinar, register anyway. We'll send you the recording.
Pablo Godoy, Frogmi, CEO
Pablo has over 15 years of experience building and leading cloud software companies for enterprise customers. He is an entrepreneur motivated by innovation in developing products that improve productivity and results in his clients' processes. Under his leadership, Frogmi has become a leading solution in the in-store execution software market.
Mark Garland, 4R, President and CEO
Mark brings 20+ years of experience in supply chain transformations. His career has focused on supply chain technologies, particularly within the retail industry, to enable businesses to manage inventory as a financial asset throughout the entire supply chain.
Human intelligence and AI in parallel
4R was founded by supply chain experts and academics from The Wharton
School and Harvard Business School. Today, we operate where human intelligence,
machine-learning, and sophisticated algorithms work in parallel to
drive measurable, proven ROI down to the individual SKU/Location.
The 4R suite of solutions and services helps businesses manage inventory as an investment. We focus on the high-value processes for optimizing supply chain and inventory management, in these core functions: Demand Planning, Replenishment, Assortment, Allocation, and Markdown.