Changing the Paradigm of Retail Inventory Management

This episode of Talk Retail to Me features Les McNeill, the Chief Technology Officer and founder of Impulselogic, Inc., along with Parker Avery store operations experts, Senior Director Rob Oglesby, and Tricia Gustin, Senior Director of Marketing. The trio of experts talks about the causes of in-store inventory management issues as well how changes to the overall store inventory paradigm and business processes, along with strategic use of new technologies, can help drive better results not just in stores, but throughout the supply chain and even upstream into merchandising and assortment planning decisions. 

To support this paradigm change, Impulselogic provides advanced predictive analytics powered by artificial intelligence to create the optimal product flow through the store.  The system, along with business process alignment and execution consistency, helps to ensure product availability for both in-store and online customers, reduce waste, improve labor efficiency, and increase profits.  

To learn more about Parker Avery's array of retail consulting services and expertise, we invite you to visit: https://parkeravery.com/services/.

To learn more about Impulselogic, Inc., please visit: https://www.impulselogic.com/ 

 

You may also like this content:

The Expert Guide to Omnichannel Order Management and Fulfillment: https://parkeravery.com/omnichannel-order-management-and-fulfillment/ 

Rethinking the Retail Store Paradigm: https://parkeravery.com/industry-experience/five-expert-steps-to-finally-solve-omnichannel-execution/ 

Solving Today's Retail Inventory Challenges with Strategy and Process: https://parkeravery.com/solving-todays-retail-inventory-challenges-with-strategy-and-process/ 

Featured on the Best 60 Retail Podcasts

Introduction music:  On My Way by Kevin MacLeod | Link: https://incompetech.filmmusic.io/song/4163-on-my-way | License: http://creativecommons.org/licenses/by/4.0/ | Cover image by Jorge Guillen from Pixabay