Author: Jeff Sward

‘Just in time’ and ‘just in case’ systems leave retailers with too much inventory

‘Just in time’ and ‘just in case’ systems leave retailers with too much inventory

Too many retailers had the bad habit of over-buying long before the pandemic created the supply chain chaos we are still living through. “Just in time” systems failed to prevent the overbuying problem. How will retailers digest this season’s sales, margin and inventory outcomes to arrive at better demand forecasts for Fall/Holiday 2023?