Retail Dive Talks All Things Inventory, What is Normal in 2022?
With Target taking the vocal lead, retailers are flushing out excess inventory to reset for the holidays. How much they’ll sell then is anybody’s guess.
If you know anyone who works in demand forecasting or inventory management for a retailer, they could maybe use a hug.
These were always difficult jobs, based in no small part on the vagaries of consumers tastes, trends and various intersecting markets and economies. The pandemic era has thrown several new layers of difficulty in planning and purchasing inventory. From panic buying to supply shortfalls to historical inflation spikes, the intensity in which the environment can change is matched only by the speed of that change.