Inventory distortion is a critical problem for retailers and, if left unaddressed, it will only worsen. The term refers to ...

New research from a Boston College professor finds online retailers benefit by announcing low product availability Retailers can reduce the number of incidents where they run out of certain ...

Modern retail businesses are in a position to handle fluctuating demands, issues related to globalization, rising logistics costs, and several other disruptions very frequently. These difficulties ...

When long-time friends Anurag Agrawal and Kavit Sutaria came together to do something of their own, it was a unique problem they wanted to address – the problem of stockouts in retail sector or ...

The CAG report highlighted 62,826 instances of drug stockouts during this period. It revealed that patients in some hospitals had to wait more than four years for essential medications ...

Managing inventory is one of the biggest challenges for fashion brands due to constantly shifting trends, seasonal demands, and global supply chains. Without an efficient system, brands risk ...

The concept of probability plays a crucial role in inventory management, particularly when determining safety stocks. In our football analogy, take West Ham's Noble, who boasts a 91% penalty success ...