Putting an End to the $50B Overstock Problem with Advanced Analytics
Retalon
OCTOBER 24, 2023
This overstock issue is not new, and retailers have tried to manage their unsold goods through donations and resellers, but there is simply too much inventory. The direct and indirect damages of lost sales are so great that retailers prefer to markdown unsold inventory, or even get rid of it at cost. Billion in overstocks.
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