Business Insider: 7 tactics experts say retailers will use to manage excess inventory and attempt to stay afloat during the coronavirus
Story originally appeared in Business Insider on April 19, 2020. Excerpts from the story below. To see the full story visit BusinessInsider.com.
JoAnn Martin, vice president of industry strategy and market development at Blue Yonder, echoed Kodali and said retailers are likely to stow away timeless inventory for next year. By doing this, they can focus their resources on clearing out excess seasonal items.
“One of the major themes I am hearing is the resurgence of pack and hold inventory,” Martin said. “Retailers are determining iconic or basic product or timeless product and choosing to pack and hold the product to reflow next year. This has been taboo, but has definitely been a strong conversation among softline retailers.”
In The News
- Modern Materials Handling: Blue Yonder’s Logan Kluth on the Real Value of Cloud WMS
- SiliconANGLE: The Road to Intelligent Data Apps With Blue Yonder’s Chief Product Officer, Gurdip Singh
- FreightWaves Running On Ice: Prioritizing The Vaccine Supply Chain
- Sourcing Journal: Blue Yonder’s Sónia Peres On AI/ML’s Role in Fashion, Retail
- diginomica: Blue Yonder CEO Duncan Angove is on a mission to eradicate siloed supply chain thinking in the enterprise
Analyst Reports
- IDC Market Analysis Perspective: Worldwide Warehouse Management Systems, 2024
- Gartner Maximize the Value of AI in Supply Chains With “Whole Product” Use Cases
- IDC MarketScape: Worldwide Professional Services Providers for Retailers 2024 Vendor Assessment
- IDC Market Analysis Perspective: Worldwide Transportation and Logistics, 2024
- IDC Market Glance: Retail Last Mile, 3Q24
Media Relations Inquiries
Marina Renneke, APR
Global Corporate Communications Senior Director
Rossella Benti
EMEA Corporate Communications Director
Meredith Mackintosh
NA Corporate Communications Manager
mediarelationsteam@blueyonder.com
480-308-3037
Analyst Relations Inquiries
Celeste White
Vice President, Global Analyst Relations
Sarah Hart
Program Director, Global Analyst Relations
Lindsey Hiefield
Program Manager, Global Analyst Relations
analyst.relations@blueyonder.com