Inventory distortion occurs when there is a discrepancy between the amount of stock recorded in your inventory and the actual amount on your warehouse shelves.
Karl Swensen and Joe Lynch discuss solving the $1.8 trillion distortion inventory problem.
$1.8 trillion. That’s the staggering sum lost by the retail industry alone each year due to a silent profit-killer known as inventory distortion.
For many businesses today, few issues are as insidious and costly as overstocked inventory. While the concept might appear innocuous, the repercussions of excess inventory can be financially devastating.
In this challenging world of retail, staying ahead of the competition is vital whether you are a retailer, brand, or manufacturer. With consumers increasingly seeking convenience and personalized experiences, companies must continually explore innovative ways to meet these demands.
Inventory management is the heartbeat of any successful business. How you handle your stock can make or break your company’s financial health, customer relationships, and adaptability to market shifts. That’s where inventory optimization steps in.
Efficient inventory management plays a pivotal role in a company’s success. The traditional methods of handling inventory are becoming increasingly outdated, leading to higher costs, inefficiencies, and missed opportunities.
Know more about how PAR – A new revolutionary metric that can help reduce unproductive inventory and ensure you always have sufficient stock to satisfy the next Walkin customer
Pull Logic leverages cutting-edge research from Georgia Tech and over a century of combined expertise to revolutionize inventory optimization. Our AI-driven approach ensures businesses profitably meet customer demand while enhancing supply chain resiliency.
Seamlessly integrating with existing systems, our risk-free implementation is rapid and delivers one of the highest ROI opportunities in the industry.
