Strategic inventory management requires a higher degree of engagement with vendors and manufacturing partners than ever before. It means working closely with suppliers to understand what activities underpin delivery of final goods, and whether certain activities can be handled concurrently to speed up the process and provide more flexibility in terms of the end product.
Being successful isn’t about being average. It’s about being able to provide what customers want, when it matters the most. The following edition of In brief discusses inventory management and how PwC Canada’s Retail Consulting Services can help you come up with a winning strategy.
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