Building Competitive Advantage Through Optimal Excess Inventory Management: Hosted by INTURN
Webinar On-Demand
Meet the Experts
Key Takeaways
⇨ Learn how to evaluate existing processes and how teams operate today to identify areas of opportunity
⇨ Understand where there are gaps in inventory data and visibility, potentially preventing teams from going to market faster
⇨ Influence key stakeholders by prioritizing excess inventory as a critical way for companies to reduce operating costs and see increased profits
Excess inventory is a persistent challenge faced by many companies. An indicator of this is the fact that In the US alone, the market for liquidated goods doubled between 2008 and 2020 to hit $644 billion, according to data from Colorado State University. And it is not difficult to imagine that with many companies transitioning to “Just-in-case” from Just-in-time”, the challenge of excess inventory being faced by companies has increased. Executives across industries are grappling with challenging questions: How can I go to market or sell excess inventory faster? How can I improve my margin recovery on excess inventory? What solutions for excess inventory are available for my specific business nuances? How can I tie in excess inventory sales to my company’s broader sustainability goals? What are new best practices for managing and selling unsold inventory?
By attending this webinar, you will get answers to the questions above and develop insights on key strategies you need to formulate in this area, to build a competitive advantage.
Attendees of this webinar will learn about the uncontrollable factors that can lead to the buildup of excess inventory, the financial and environmental impact of holding too much inventory, how brands are managing this problem today, and what steps brands can take to get ahead of growing inventory challenges in the future. The webinar will also demonstrate the importance of finding new solutions for excess inventory management that can help attendees gain inventory visibility, automate tedious tasks, prioritize integrations for consistency across existing systems, and make more strategic decisions with the use of data and historical insights.
By attending this webinar, you will:
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Learn how to evaluate existing processes and how teams operate today to identify areas of opportunity
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Understand where there are gaps in inventory data and visibility, potentially preventing teams from going to market faster
-
Influence key stakeholders by prioritizing excess inventory as a critical way for companies to reduce operating costs and see increased profits
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Determine tangible ways to demonstrate excess inventory’s contribution to broader sustainability and ESG goals
Hosted by:
Premium
