The Cost of Waiting: How Slow Decisions Erode Margin
Bad or late decision making, when it comes to inventory allocation, demand forecasting and mark-down strategies, can break a retailer’s season. In an increasingly fast and volatile market, decisions need to be made at speed and be backed up by accurate, real-time data.
Working with manual tools or out of date information can result in overstocks, stockouts and unnecessary mark-downs. This in turn erodes margin, frustrates customers and generates waste.
A new generation of AI tools can be employed by retailers to provide access to real-time data, actionable insights and intelligence-led recommendations. When working hand-in-hand with your expert in-house team, these tools can transform your operations and protect your profit.
Join TheIndustry.fashion and our partner Dropit on 19th of March for this exclusive, engaging and intimate breakfast for a hand-picked group of fashion retail decision makers in the fields of merchandising, operations and finance, where we will discuss:
Staged in the elegant surroundings of London’s iconic Claridge’s hotel, you will hear from experts at Dropit, debate with peers in the industry and enjoy a delicious breakfast. Guests will also receive a luxury gift from Diptyque as a thank you for attending.
Please note that, while we will photograph the event and promote it on our website and social channels, the conversation around the table will remain off the record to allow guests to speak freely.
Format and Timings:
This event is invite-only, so please sign up for our FREE daily newsletter so that you are on our database for consideration for future events.
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