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15:4016:00 18. Feb 2020
15:4016:00 18. Feb 2020 iCal myOrganizer

Smart technology for preventing stock congestion in an omnichannel retail landscape

The omnichannel retail landscape is changing rapidly. Demanding consumers require advanced and flexible retail supply chains. Inventory costs are exploding, while margins are coming under pressure. The labor market is challenging as talented supply chain professionals are hard to find. We’ve come to a point where things really need to change! Data, artificial intelligence and other new technology should be fully utilized to make this change process happen. Slimstock helps more than 1.000 companies, on a daily basis, to make money with optimal assortments and optimal stock levels. Peter Bocken, retail director at Slimstock, discusses all relevant retail trends and their impact on inventory and operating results. Technological changes are both the driver of these trends and also the solution to deal with these trends.