Inventory Management: 4 Keys to Improving Holiday Inventory Management

Since buyers are ultimately responsible for delivering the right inventory to the right place at the right time, they're especially time-dependent. They're balancing two opposing, time-sensitive factors: the accuracy of demand plans and the uncertainty of the supply chain.

Experienced buyers understand the value of each day. Each day's sales information improves demand plans, sometimes significantly. Placing a purchase order on Friday rather than Monday can mean the difference between pre- and post-holiday deliveries.