High customer service levels are critically important to Internet Retailers. An unserved order generally means a lost sale-there are few customer barriers to a vendor change. Service level shortfalls directly reduce the top line. Maintaining an inventory to support a large number of different products with distinctions such as size, color, and style can be very difficult.
Seasonal items, for most e-Tailers, are purchased before the season, and there is seldom a chance for replenishing stocks mid-season if the item is a hit-a good forecast is paramount. Many distributors also import goods from overseas and are challenged with filling containers and maintaining visibility during the long transit times. Enhancing processes and taking advantage of inventory planning automation are becoming top priorities.
At the end of the day, it’s all about how efficiently you can provide the best possible service to your customers.
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Our integration of new and best practices in inventory management has made our Pack Light Inventory Management SuiteTM and accompanying services the leading inventory management solution for mid-market businesses.
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