2004 Consumer Inventory Management 
Independent Retailer
SEPTEMBER 15, 2022
In 2004, the Harvard Business Review interviewed over 70,000 shoppers to find out how they react to a stockout. Nine percent of customers decided simply not to purchase at all, while 15 percent of consumers pushed off the purchase decision. Since 2004, stockouts have only become worse for retailers.
Retail Assist
APRIL 28, 2023
Persistent challenges such as increased competition, changing customer preferences, and supply chain disruptions were met with various innovations such as AI-powered inventory management systems, personalised marketing strategies, and blockchain-based supply chain platforms.
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