{"id":55010,"date":"2018-02-07T13:28:06","date_gmt":"2018-02-07T18:28:06","guid":{"rendered":"http:\/\/network.napco.com\/total-retail\/?post_type=webinar&#038;p=55010"},"modified":"2018-06-06T10:21:15","modified_gmt":"2018-06-06T14:21:15","slug":"forecast-profits-avoiding-costly-consequences-poor-inventory-management","status":"publish","type":"webinar","link":"https:\/\/www.mytotalretail.com\/webinar\/forecast-profits-avoiding-costly-consequences-poor-inventory-management\/","title":{"rendered":"A Forecast for Profits: Avoiding the Costly Consequences of Poor Inventory Management"},"content":{"rendered":"<p>In today&#8217;s omnichannel environment, optimizing inventory across multiple stores and distribution centers is an enormous challenge impacting a retailer&#8217;s bottom line. According to research from retail analyst firm IHL Group, retailers are\u00a0<strong>losing up to $1.75 trillion in overstocks and out-of-stocks every year!<br \/>\n<\/strong><\/p>\n<p>Having too much inventory allocated to stores often leads to margin-eroding discounting and clearance sales, while having too much stock occupying space in a warehouse and not on store shelves can lead to stock-outs and disappointed shoppers.<\/p>\n<p>So what&#8217;s the key to striking the right balance to satisfy in-store and online demand &#8212; without costly overstocks? And how do retailers address the added complexity of managing fast and easy cross-channel product returns (e.g., buy online, return in-store), which consumers expect?<\/p>\n<p>Don&#8217;t miss this webinar, Avoiding the Costly Consequences of Poor Inventory Management, Tues., March 6 at 2 p.m. ET, to learn how to protect your business from costly overstocks, out-of-stocks and returns, including:<\/p>\n<ul>\n<li>What cross-channel inventory optimization is, and why it&#8217;s important<\/li>\n<li>How forecasting tools can help retailers match supply with demand, optimizing profits in the process<\/li>\n<li>Impact of cross-channel product returns on merchandise planning, and how your business can accurately forecast inventory<\/li>\n<li>How omnichannel fulfillment options such as buy online, pick up in-store; ship from store are impacting merchandising and operations, and what retailers can do to prepare for this new reality<\/li>\n<\/ul>\n<p>View today to learn how to protect your business from this trillion-dollar problem!<\/p>\n<p><em>Sponsored by Radial<\/em><\/p>\n<p>See below to view this free webinar today!<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Don\u2019t miss this webinar, Avoiding the Costly Consequences of Poor Inventory Management, happening on Tues., March 6 at 2 p.m. ET, to learn how to protect your business from costly overstocks, out-of-stocks and returns. <\/p>\n","protected":false},"author":193,"featured_media":55020,"comment_status":"open","ping_status":"closed","template":"","coauthors":[104499],"class_list":["post-55010","webinar","type-webinar","status-publish","has-post-thumbnail","hentry","category-analytics","category-attribution","category-attribution-modeling","category-e-commerce","category-in-store-pickup","category-inventory","category-inventory-management","category-merchandising","category-omnichannel","category-order-fulfillment","category-order-management-systems","category-pos-systems","category-product-returns","category-retail-stores","category-rfid","category-ship-from-store","category-shipping","category-shopping-cart-abandonment","category-supply-chain","category-systems-integration","editorial_type-webinars"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - 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